Lombard has scooped a multi-million pound deal to finance
equipment for one of Europe’s largest data centre facilities.
The lessor will finance infrastructure equipment which will be
used to fit out data halls inside the 75,000 metre facility in
Newport, Wales.
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Lombard’s customer in the deal, Next Generation Data Europe
(NGD), which has also secured funding for the £200 million from the
Welsh Government Assembly, hopes the project will create 100 new
jobs.
“We have always enjoyed a strong and supportive relationship
with the Welsh Assembly Government, but to have earned the
additional backing of Lombard is indicative of the bank’s
confidence in our business fulfilling its considerable potential,”
said Simon Taylor, chairman of NGD Europe.
He added: “In a very tough economic climate we are delighted to
have won the support of Lombard which is absolutely critical to
making this huge project possible.”
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