Sidley Represents the Lenders in the Refinancing of DigitalBridge and Brookfield’s Holdco Facility in GD Towers

Sidley has advised the lenders to DigitalBridge and Brookfield's jointly owned holding company on the refinancing of holdco debt in GD Towers.

GD Towers, a leading European tower company, owns and operates more than 40,000 mobile sites across Germany and Austria. The business is supported by long-term master lease agreements with Deutsche Telekom and Magenta Telekom, providing critical passive mobile network infrastructure to mobile network operators, broadcasters, and emergency services.

Partner Ben Thompson commented: “We are pleased to have supported the lenders to Brookfield and DigitalBridge on this significant transaction, which underscores the continued growth of GD Towers and the wider European digital infrastructure sector. This matter reflects the strength and depth of our infrastructure financing team, and our ability to deliver on market leading complex, large-scale infrastructure financings.”

Sidley’s private equity infrastructure financing team in London experienced a particularly active period in 2025, reflecting the continued growth in strength, size, and depth of the practice. Just a selection of their recent representative matters includes advising Ambienta on Xpansiv Ltd.’s acquisition of Evident Group Ltd.; Franklin Templeton on its mezzanine financing of AMPYR Distributed Energy; H.I.G. Capital and PolarDC Group Ltd. on the structuring and first-phase financing to deliver a leading data centre in Norway; and the Class B creditors on Thames Water, as well as several ongoing matters for a breadth of borrower and lender clients.

The cross-practice Sidley team was led by Global Finance partner Ben Thompson. He was supported by Rachael Coffey, Harry Webb, Isabel Neelands, Mo Suksaisakulsakdi, Raphael Chow, Rhea Misra, and trainee solicitors Emily Hardman, and Hamza Lone (Global Finance); Steve Quinn and Patrick Graham (Tax); and Beatrice McGuire (Energy and Infrastructure) in London, as well as Markus Feil, Louise Freund, Christian Axhausen, and Alissia Opitz (Global Finance) in Munich.