Proskauer’s Digital Infrastructure Group advises sponsors, investors, lenders, and operators across the digital infrastructure ecosystem, including data centers, fiber, towers, small cells, GPU acquisitions and leases, and powered shells, including behind-the-meter, utility-connected, and other power solutions.
Proskauer has been at the forefront of developments in this space for more than a decade. That industry understanding helps sponsors, investors, lenders, and operators recognize risks, identify opportunities, forge connections, and act on important matters.
Since 2015, our team has advised on more than $100 billion of transactions across the full industry lifecycle, including:
- Fund formation matters, such as equity and credit funds, SMAs, and co-investment transactions
- M&A, investment, and joint venture transactions, including asset- and entity-level acquisitions and dispositions
- Structured financings throughout the capital stack, including asset-level, mezzanine, and HoldCo financings, preferred equity, and private placements
- Development and construction financings
- Capital recycling through stabilized YieldCo platforms
- GPU and other digital infrastructure equipment acquisitions and leases
- Lease and energy supply agreement underwriting
Recent notable Digital Infrastructure matters include:
- Vantage Data Centers in connection with a $9.2 billion equity recapitalization of its business with DigitalBridge Investment Management and Silver Lake Partners as lead anchor investors, with participation from multiple global investors; Data Center Deal of the Year, 2025 TMT Finance Awards USA
- DigitalBridge Investment Management and its affiliates in connection with its recapitalization and related secondary investment of its interest in DataBank, involving the sale of equity interests in excess of $2 billion, a $250 million equity investment from TJC, and a $600 million secondary share sale
- A middle-market digital infrastructure sponsor in a joint venture to develop a 550 MW data center in the Southeastern United States
- A bulge-bracket investment manager in connection with a multibillion-dollar HoldCo financing of a hyperscale data center owner
- A leading digital infrastructure sponsor in connection with the formation of a digital infrastructure credit fund and multibillion-dollar GPU lease transactions with artificial intelligence companies
- The lenders of nexfibre, a joint venture of InfraVia, Liberty Global, and Telefónica, in connection with the financing arrangements supporting the acquisition of Substantial Group
