PROJECT

Projects

Summary of Investment Information

Project Number

45362

Company Name

DIGITAL COLONY ACQUISITIONS

Date SPI Disclosed

Aug 27, 2021

Country

Latin America and the Caribbean Region

Region

Latin America and the Caribbean

Projected Board Date

Sep 28, 2021

Environmental Category

B - Limited

Status

Active

Last Updated Date

Oct 16, 2021

Department

Regional Industry INF LAC & EUR

Industry

Telecommunications and Technology

Previous Events

Approved : Sep 28, 2021
Signed : Sep 30, 2021
Invested : Oct 14, 2021

Sector

Other (Including Satellite Telecommunications, Radio and Television Broadcasting, etc.)

Project Description

 The proposed investment consists of an up to US$100 million equity investment in diversified digital infrastructure (“DI”) assets advised by DCP Fund Adviser, LLC (the “Fund Manager”). IFC’s investment considers an indirect equity interest in: (i) Scala Data Centers S.A. (“Scala”), a hyperscale data center operator in Brazil, (ii) Edgepoint HoldCo Pte Ltd (“Edgepoint”), a tower operator in Indonesia and Malaysia, (iii) Highline do Brasil II Infraestrutura de Telecomunicações S.A. (“Highline”), a tower company in Brazil, and (iv) an investment in DI assets in emerging markets either through (A) a blind pool investment vehicle investing alongside one of the Fund Manager’s existing investment funds (the “SideCar”) or (B) another managed co-investment (together with Scala, Edgepoint and Highline, the “Project”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation