Keysource, the leading global specialist in data centres and critical environments, has appointed David Franczak to support its standalone Lender Technical Advisor (LTA) service which provides financial institutions with technical due diligence, including environmental and social monitoring, for investment opportunities associated with the data centre market.

The Keysource LTA service provides lenders with a comprehensive view of a project’s technical aspects, evaluating against industry standards for financing, constructability, and operability.  In his new role David will work with the team, acting as a link between the lenders and the borrower, engaging with both parties to identify risks that might influence the viability, or affect the cash flow of the Data Centre project, and offering strategic advice on how to avoid, or mitigate those risks.

Prior to joining Keysource, David was a Senior Consultant at PTS where he worked on numerous projects providing technical and operational data centre facility due diligence and audit services, including comprehensive risk assessment commentary.

Commenting on his appointment David said: “Our role as an LTA is to provide lenders with a one-stop-shop solution, identifying and assessing risks throughout the investment cycle. The expertise within the wider Keysource team of end-to-end data centre services, including equipment suitability and the construction process, enables us to adopt an unrivalled holistic and comprehensive approach to our advisory services.”

“The data centre sector remains an attractive option for investors with continuing strong demand versus a lack of supply, driven in part by AI, digital transformation and 5G uptake which is generating higher levels of data traffic which in turn generates growth in demand for IT infrastructure and the requirement for more storage and processing power. Whilst there are challenging factors such as limitations in power availability, space and skills, returns remain strong for digital infrastructure capital investments. However, this is a highly complex sector, and investors can benefit from specialist independent advice to enable them to assess the appropriate risk-return profile for their projects,” said Stephen Whatling, Group CEO at Keysource Group Ltd.