Baker McKenzie and Linklaters have advised on Global Infrastructure Partners’ (GIP) partnership with Charoen Pokphand Group (CP Group) and True Internet Data Centre (True IDC) to upgrade Thailand’s data centre infrastructure for an undisclosed amount.
Baker McKenzie’s co-lead partner Purachate Manussiripen told Asia Business Law Journal the firm expected this momentum to continue in the coming years, further establishing the country as a critical hub in the regional digital economy. “From a regulatory and market perspective, this transaction highlights Thailand’s attractiveness to global investors and signifies a significant milestone in private equity investment within the digital infrastructure space,” said Manussiripen.
GIP, an American infrastructure investment fund owned by BlackRock, hired Baker McKenzie to advise on the deal, which aims to improve and grow Thailand’s data centre infrastructure. Partners Sumet Orsirivikorn and Manussiripen led the team, with the assistance of lead associate Sarun Poonyabavornchai.
Linklaters represented CP Group and data centre operator True IDC, with M&A partner Wilailuk Okanurak and financing partner Wanwisar Nakarat leading the advisory team.
