LBBW finances data centres for Mainova WebHouse

As part of an international bank consortium, LBBW arranged the financing of two data centres for Mainova WebHouse. The company is a data centre provider focusing on the development and construction of sustainable data centres in the Frankfurt area. The total financing includes EUR 475 million committed credit facilities as well as an uncommitted additional facility for further data centre projects. LBBW contributes EUR 60 million to the total financing.

Mainova WebHouse tailors its data centres to the Frankfurt market and has developed a toolbox of measures to become the most sustainable data centre provider in the area. The company’s first data centre building with a 20MW capacity is nearly completed. To support the city of Frankfurt in achieving its climate protection goals, the company has developed a utilisation concept for waste heat that includes providing the heat of its first data centre to a neighboring cultural centre.

“We would like to offer our congratulations to the company and its shareholders on achieving this financing milestone.” says Jan Weismüller, Head of Infrastructure Finance at LBBW. “We are delighted to have contributed to the Mainova WebHouse financing and look forward to supporting the further growth of the company.”