Odata Colocation Mexico S.A. de C.V. (“ODATA” or “the Company”), a multi-tenant data center operator, and an affiliate of an existing IFC client, Odata Brasil S.A. ODATA is. ODATA is owned by funds managed by Patria Investments, a NASDAQ-listed private equity firm focused on Latin America assets and CyrusOne, a NASDAQ-listed, US-based leading Data Center provider.IFC’s experience with ODATA SP01/2/3 (managed by the same Sponsors) in 2020 has been positive: the project resulted in successfully delivering the DCs on time and budget and has exhibited good environmental and social (E&S) performance during implementation. See disclosed ESRS for ODATA SP01/2/3 released on May 1, 2020. (https://disclosures.ifc.org/project-detail/ESRS/43487/odata-sp01-2-3). The proposed project consists of providing a senior secured debt package of up to US$35 million to support the construction of their first DC facility Mexico (the “Project”). The funds will be used to support the Company’s US$62 million project cost for the construction of a Data Center (DC-QR01) in the VYNMSA Queretaro Industrial Park, located in the Municipality El Marqués, state of Queretaro, Mexico. At the time of the appraisal, the DC was under construction, with a progress of approximately 60 percent, with expected completion in April 2022.
The investment type is a senior secured debt financing package up to US$35 million to Odata Colocation Mexico S.A. de C.V.
The total Project Cost is estimated at approximately US$62 million which IFC proposes to finance with a secured debt financing package of up to US$35 million. ODATA will finance the remaining Project Cost through equity contributions.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||ODATA COLOCATION MEXICO S.A. DE C.V.||Undisclosed||-|
|Odata Brasil SA||Undisclosed||-||owns||Pátria Investimentos Ltda||Undisclosed||-|
|ODATA COLOCATION MEXICO S.A. DE C.V.||Undisclosed||-||has unknown relation to||Odata Brasil SA||Parent Company||-|
ODATA Colocation Mexico S.A. de C.V.
Business Development and M&A Director
+55 11 4871 2924
Rua Joaquim Floriano 913 · 4º andar Sao Paulo 045340-00 Brazil
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