Press Release
Morgan Lewis Advises Family Office on Multimillion-Riyal Data Center Investment in Saudi Arabia
November 11, 2026RIYADH, November X, 2026: Morgan Lewis advised a family office on its acquisition of a minority equity interest in a holding company developing a portfolio of data center projects across the Kingdom of Saudi Arabia, in a transaction valued at approximately SAR 125 million ($33 million).
The transaction highlights the continued growth of private capital investment in the Kingdom's digital infrastructure economy and the increasing importance of data centers as a strategic infrastructure asset class, supporting Saudi Arabia's broader economic diversification and digital transformation objectives under Vision 2030.
The Morgan Lewis team was led by partners Dr. Sultan Almasoud and Sanjarbek Abdukhalilov, with associate Latifa Alhulelah.