CMS advises on the disposal of assets of a portfolio managed by Columbia Threadneedle Investments to 3i Infrastructure plc
CMS advises on the disposal of assets of a portfolio managed by Columbia Threadneedle Investments to 3i Infrastructure plc
CMS has advised Columbia Threadneedle Investments on the disposal of a portfolio of assets, including its majority stake in Lefdal Mining Datacenter (LMD), a high quality Norwegian data centre campus, to 3i Infrastructure plc.
LMD is an operating data centre campus based on the west coast of Norway, with 37 MW operational across its customer base, and a further 43 MW of contracted capacity currently under construction.
A small portfolio of operating renewable assets will also be acquired as part of this transaction, which has an overall investment value of around €400 million.
The largest investor in the Columbia Threadneedle fund is reinvesting alongside 3i Infrastructure.
Completion is expected in summer 2026.
Client relationship partner, Alan Crawford, said: “We are delighted to have acted for long-standing client, Columbia Threadneedle, on this significant portfolio disposal with involvement from our UK offices as well as Luxembourg, Sweden and the Netherlands. We look forward to continuing to work with Columbia Threadneedle to bring the transaction to a successful conclusion.”
The CMS UK team was led by Corporate partners Jack Shepherd and Justin Coaley, and client relationship senior associate, Jennifer Gray, with invaluable support from Max Weaver, Aisling Knapton, Carys Holland, Anna Ghataure and Katherine Liu (Corporate); Nick Burt, Denisa Balint and Johanna Dodgson (Tax); Eleanor Sedgley, Bernard Sia and Chloe Brockman (FIRE); Jacqueline Vallat and Sebastian Casselbrant-Multala (Competition); Gillian MacLellan and Mark Walker (Employment); and Kushal Gandhi (Litigation).
CMS UK was also supported by CMS Luxembourg (Aurelien Hollard, Pawel Hermelinski, Alexandre Tangton, Thibaut Riscatto, Karina Constantin and Caroline Sculteur), CMS Sweden (Peter Sandberg) and CMS Netherlands (Clair Wermers).
