KKR is increasing its investment in Global Technical Realty (GTR) with an additional $1.5 billion equity commitment, as Oak Hill Capital joins the company as a new investor with an approximately $400 million commitment.
GTR is a European-built-to-suit data center developer and operator founded in 2020 by data center entrepreneur Franek Sodzawiczny and KKR. Since launch, the platform has expanded its footprint across primary and emerging European markets, focusing on mission-critical capacity for hyperscale customers and cloud- and AI-driven workloads.
The new capital is expected to support GTR’s development pipeline, including additional greenfield capacity and expansion into new European markets. The company said it has an expanding operating team and multiple projects already underway, positioning the platform to scale as demand rises for AI-ready, power-dense compute and cloud infrastructure across the region.
KKR said it is funding the investment primarily from its Global Infrastructure Strategy and highlighted its broader exposure to digital infrastructure, including data center, fiber, and wireless assets. Oak Hill said the investment builds on its long-term history in digital infrastructure and represents its fourth platform investment in the data center space.
GTR said the funding will help it expand its team, deepen operating capabilities, and move faster into new markets to meet increasing demand from hyperscale and AI-driven customers across Europe.
KEY QUOTES:
“As rapid cloud growth continues and scaled AI demand begins to materialize, the need for high-quality, power-efficient, and scalable data center infrastructure in Europe has never been greater. GTR has established itself as one of Europe’s most capable developers of next-generation facilities, and we are thrilled to deepen our commitment to the platform while expanding our long-standing relationship with Oak Hill.”
Andrew Peisch, Partner, KKR
“We are pleased to invest in GTR and collaborate with KKR to support a platform that sits at the intersection of cloud, AI, and critical infrastructure. GTR has built a differentiated platform with a strong management team, and we look forward to supporting the company as it continues to scale to meet the growing digital infrastructure needs across Europe.”
Adam Hahn, Partner, Oak Hill Capital
“This investment marks a major inflection point for GTR. Demand from hyperscale and AI-driven customers across Europe continues to accelerate, and this capital enables us to scale our team, deepen our operating capabilities, and move faster into new markets. KKR has been an exceptional strategic partner since our inception, and their renewed commitment positions us to execute against a substantial development pipeline. We are also delighted to welcome Oak Hill, whose deep experience in digital infrastructure and telecommunications will be invaluable as we scale the platform for its next phase of growth.”
Franek Sodzawiczny, CEO and Founder, Global Technical Realty
