KKR will invest an additional $1.5bn into the European built-to-suit data centre platform, while Oak Hill Capital will join as a new shareholder with a commitment of around $400m. The funding is set to support GTR’s next phase of expansion across both established and emerging European markets.

Founded in 2020 by data centre entrepreneur Franek Sodzawiczny alongside KKR, GTR has quickly built a reputation as a specialist developer and operator of mission-critical, hyperscale-grade facilities.

The platform focuses on delivering high-performance, power-dense data centres designed to support cloud, AI and next-generation enterprise workloads.

The new capital will be directed towards GTR’s substantial development pipeline, including additional greenfield capacity and entry into new European markets. The company already has multiple projects under construction and a growing operating team, positioning it to scale rapidly as demand for AI and cloud capacity continues to outstrip supply in many parts of the region.

The investment comes amid intensifying pressure on Europe’s digital infrastructure, driven by the rapid growth of cloud services and the early stages of large-scale AI deployment. Operators are increasingly seeking facilities that can support higher power densities, flexible design and long-term scalability, particularly in markets facing grid constraints and planning bottlenecks.

For KKR, the deal builds on a long-standing focus on digital infrastructure through its Global Infrastructure Strategy. The firm has committed tens of billions of dollars globally across data centres, fibre and wireless assets, reflecting the sector’s importance as a core pillar of modern economies.

Oak Hill’s entry into GTR marks its latest move in digital infrastructure, drawing on decades of experience investing in telecoms and data centre platforms.

RELATED STORIES

KKR acquires stake in GBH to drive $5bn expansion

KKR, ECP launch huge $50bn fund for AI data centre power infrastructure