PERE: BGO's Carrafiell: 'Tectonic technological shifts' drive latest investment
New York-based manager BGO has made a new equity investment into Bulk Infrastructure, a developer and operator of data centers across the Nordics. At €350 million, the latest investment, announced last week, was “sized to accommodate more ambitious development and growth targets than we had originally envisaged,” according to BGO’s co-CEO John Carrafiell.
Through its European business, BGO has now made three separate investments into Bulk since 2020, taking the total to more than €640 million and the firm’s ownership stake to approximately twothirds. BGO declined to disclose the investment vehicles involved.
