Moscow, Russia, May 30, 2012—IFC,
a member of the World Bank Group, is making a $2.6 million (RUB 83 million)
equity investment in datacenter operator IXcellerate to support the construction
of a major data facility, expanding access to information technology infrastructure
for businesses in Russia.
Construction of a new top-tier datacenter with an internationally experienced
management team will provide high quality services needed by the growing
business community in Russia.
“The investment by IFC, a sophisticated investor with a successful track
record supporting the technology sector in emerging markets, will allow
us to establish a strong base and continue expanding our business in Russia,”
said Guy Willner, co-founder of IXcellerate.
This investment is part of IFC’s strategic focus on developing all elements
of infrastructure in Russia to support the private sector and encourage
economic growth. The total project, expected to be the largest vendor-neutral
datacenter in Russia, will cost an estimated $55 million (RUB 176 million).
Kent Lupberger, IFC Global Head of Telecom, Media and Technology, said,
“In today’s world, IT infrastructure is increasingly important for economic
development. IXcellerate’s new datacenter will provide a cost-efficient,
reliable and secure environment for electronic information storage and
processing to Russian and international companies, contributing to the
creation of a favorable business and investment environment in the country.”
Russia became a member and shareholder of IFC in 1993. Since then, IFC
has invested nearly $6 billion in the country, including $1.5 billion in
syndicated loans, and is involved in 250 projects across a variety of sectors.
IFC’s investment portfolio in Russia stands at $2.54 billion, the third-largest
country exposure for IFC globally.
IFC, a member of the World Bank Group, is the largest global development
institution focused exclusively on the private sector. We help developing
countries achieve sustainable growth by financing investment, providing
advisory services to businesses and governments, and mobilizing capital
in the international financial markets. In fiscal 2011, amid economic uncertainty
across the globe, we helped our clients create jobs, strengthen environmental
performance, and contribute to their local communities—all while driving
our investments to an all-time high of nearly $19 billion. For more information,
IXcellerate is a datacenter operator founded by Guy Willner (Founder and
Former CEO of IXEurope), and Cliff Gauntlett (Former SVP of Golden Telecom).
The project will encompass the construction and operation of a 6,200 square
meter carrier-neutral data center in Moscow set on a 15,000 square meter
campus. The datacenter will be built over three phases, with the
first 1,000 square meters planned to be operational in 2012. IXcellerate
is an alliance member of the International Data Centre Group (www.idc-g.com),
a global alliance of independent datacenter operators. For more information,