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Project summary document

Project name:DataGardens
Country:Russia
Project number:39148
Business sector:Telecoms and Media
Public/Private:Private
Environmental category:B
Board date:20 May 2009
Status:Board approved, Pending signing
Date PSD disclosed:
Date PSD updated:
20 March 2009
Local language translation:Перевод на русский 
Date translation disclosed:17 April 2009
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Project description
and objectives:

EBRD will finance

(i) the renovation of a building space into a high quality and high security Data Centre premises and

(ii) acquisition and installation of equipment and infrastructure required for the operation of the Data Centre capable of providing commercial collocation, caged space and virtual hosting services in the city of Moscow.

Transition impact:

This transaction would be the first financing by EBRD of a Data Centre operator, which will support the development of the ICT services market in Russia by establishing some of the critical infrastructure needed to move the economy more towards a service and knowledge-based economy.

The client:

DataGardens AG is a company incorporated in Switzerland, contemplating to operate carrier-neutral Data Centre facility in the city of Moscow.

EBRD finance:

The EBRD will provide an equity investment of up to USD 12.7 million.

Total project cost:

Total project will be approximately USD 47 million.

Environmental impact:

Screened B/1. There are not any significant environmental and social issues associated with the refurbishment of the office as well as the company's business. The environmental due diligence confirms that the project has been developed in accordance with national legal requirements as well as good international practices. The due diligence also indicates the company’s environmental commitment in particular by improved energy efficiency. An Environmental and Social Action Plan has been developed to address construction worker health, safety and legal protection as well as potential concerns of the neighbouring residents. The company is required to comply with national and EU environmental, health, safety and labour standards.

Technical
cooperation:

None.

For consultant opportunities for projects financed by technical cooperation funds, visit procurement of consultants.

Company contact:

DataGardens Holdings AG
Kevin J Dillon - Chief Marketing and Sales Officer
Tel/Fax: + 41 (1) 274 - 2960
www.datagardens.net

EBRD contact:

Abduaziz Muminov, Operation Leader: muminova@ebrd.com

Business opportunities:

For business opportunities or procurement, contact the client company.

General enquiries:

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com

Public Information
Policy (PIP):

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.
Text of the PIP

Independent Recourse
Mechanism (IRM):

The EBRD has established the IRM to give local groups that may be directly and adversely affected by a Bank project a means of raising complaints or grievances with the Bank, independently from banking operations.
Guidelines for Making a complaint and the Rules of procedures


Project Summary Documents are created before consideration by the EBRD Board of Directors. Details of a project may change following disclosure of a Project Summary Document. Project Summary Documents cannot be considered to represent official EBRD policy.
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