Tikehau Capital, the global alternative asset management group, today announces that it has reinforced its position as a key financial partner in the European digital infrastructure and AI sector by supporting Eclairion, a leading European specialist in high-performance computing (HPC) and AI hosting services.
Through its special opportunities strategy, Tikehau Capital first committed €110 million in November 2023 to finance the development of Eclairion’s large-scale HPC data centre south of Paris. Recognising the strategic importance of supporting leading artificial intelligence companies, Tikehau Capital is increasing its investment by €50 million, bringing its total commitment to €160 million to support Eclairion’s expansion.
Eclairion has established itself as a critical player in Europe’s AI ecosystem. The company is now hosting the deployment of the first AI cluster from French unicorn Mistral AI, in partnership with GPU cloud computing provider Fluidstack. This facility, one of the largest dedicated HPC sites in Europe, boasts an initial power allocation of 60 MW. This milestone underscores the strategic importance of European-built infrastructure for AI and scientific computing.
Tikehau Capital’s role as a financial partner in this venture reflects its deep sector expertise and ability to identify high-quality opportunities early. The firm secured this investment through its longstanding relationships with the developers, having previously partnered with HPC Group on other projects. This exclusive, off-market opportunity highlights Tikehau Capital’s ability to back pioneering technology ventures that are shaping Europe’s digital future.
With this investment, Tikehau Capital reaffirms its belief that Europe will continue to be a leader in high-performance computing. By supporting the expansion of AI and HPC infrastructure, the firm is playing a key role in advancing the region’s technological capabilities and accelerating the digital transformation of industries.
Jean Odendall, Deputy Head of Tactical Strategies and Head of Middle East at Tikehau Capital, said: "We are proud to support the HPC Group and the Eclairion platform in developing one of Europe’s most advanced high-performance computing infrastructure projects currently underway. This investment aligns with our conviction that France and Europe will play a key role in the ongoing global tech revolution. It also reflects Tikehau Capital’s strong expertise and industry relationships at the forefront of the technological transformation. We look forward to continuing our partnership with Eclairion as this platform scales, driving further innovation in AI and high-performance computing, as well as broader economic growth across Europe.”
ABOUT TIKEHAU CAPITAL
Tikehau Capital is a global alternative asset management Group with €47.1 billion of assets under management (at 30 September 2024). Tikehau Capital has developed a wide range of expertise across four asset classes (credit, real assets, private equity and capital markets strategies) as well as multi-asset and special opportunities strategies. Tikehau Capital is a founder-led team with a differentiated business model, a strong balance sheet, proprietary global deal flow and a track record of backing high quality companies and executives. Deeply rooted in the real economy, Tikehau Capital provides bespoke and innovative alternative financing solutions to companies it invests in and seeks to create long-term value for its investors, while generating positive impacts on society. Leveraging its strong equity base (€3.1 billion of shareholders’ equity at 30 June 2024), the Group invests its own capital alongside its investor-clients within each of its strategies. Controlled by its managers alongside leading institutional partners, Tikehau Capital is guided by a strong entrepreneurial spirit and DNA, shared by its 767 employees (at 30 September 2024) across its 17 offices in Europe, the Middle East, Asia and North America. Tikehau Capital is listed in compartment A of the regulated Euronext Paris market (ISIN code: FR0013230612; Ticker: TKO.FP).
For more information, please visit: www.tikehaucapital.com.