backKing & Spalding advised Brookfield Infrastructure Group, one of four industry verticals within the global asset manager, Brookfield Asset Management, on the $1.1 billion acquisition of 31 Data Centers in 10 Countries on 4 Continents from AT&T. This transaction is part of a strategic alliance, announced in 2018, between Brookfield Asset Management and AT&T.
Brookfield’s new business heading operations of these assets will be called Evoque Data Center Solutions. In connection with the acquisition of the data center facilities, Brookfield also acquired AT&T’s colocation business. Evoque will partner with AT&T’s global colocation ecosystem program whereby AT&T will offer Evoque’s colocation services in connection with its product offerings to business customers.