Orange and global infrastructure investor Morrison have entered into an exclusivity agreement to create a jointly controlled data center company in France. The 50/50 joint venture targets capacity of 400 MW, nearly ten times Orange’s current capacity, supported by a €3 billion investment.
Orange would contribute five major data centers across four campuses in France: Chevilly-Larue, Aubervilliers, Chartres, and Val-de-Reuil. Morrison would bring its infrastructure investment track record and commit equity through its global value-add strategy. The platform would be supported by an investment program leveraging Orange’s existing assets, Morrison’s equity contribution, and debt.
Orange Business would be expected to be the exclusive partner for the distribution of colocation and hosting offers for large enterprises, small and medium businesses, and public sector entities. Orange would retain operational control over the areas dedicated to its own operations within the joint venture’s data centers.
The transaction is expected to be signed by the end of 2026, subject to consultation with employee representative bodies and regulatory approvals. Closing is expected in the first quarter of 2027.
KEY QUOTES:
“We are absolutely convinced that France will need sovereign, trusted digital infrastructure if it is to rise to the challenge of surging demand driven by cloud and artificial intelligence. This contemplated joint venture with Morrison, will allow us to unlock the value of our existing assets and strengthening our position in data centres. Together with a partner recognised for its expertise and investment capacity, we will accelerate the deployment of the capacity that the market needs.”
Christel Heydemann, Chief Executive Officer, Orange
“Europe’s digital future will require significant new investment in trusted infrastructure capable of supporting the growth of cloud services, artificial intelligence and data-intensive applications. Together with Orange, we are contemplating the creation of a platform that combines strategic infrastructure assets, operational expertise and long-term capital to meet that challenge.”
William Smales, Chief Investment Officer, Morrison
