EQT Infrastructure has agreed to promote a minority stake in information heart operator EdgeConneX to funds managed by funding agency Sixth Road. EQT Infrastructure, which first invested in EdgeConneX in 2020, will stay the biggest shareholder after the deal closes, anticipated in This fall 2024.
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EdgeConneX’s World Enlargement
EdgeConneX, identified for its energy-efficient information facilities optimised for AI and cloud deployments, has tripled its capability since 2020 and expanded into Asia, Latin America, and new European markets. The corporate now operates or is growing 80 information facilities in over 50 international markets throughout North America, Europe, APAC and South America, in accordance with the official launch.
Companion for Knowledge Heart Progress
The deal brings Sixth Road on board as a strategic associate to speed up EdgeConneX’s development in assembly the rising demand for information heart capability, pushed by AI and cloud computing, the businesses stated in a joint assertion this week.
“With this transaction, EQT believes EdgeConneX is well-equipped to ship scalable, high-performance information heart options that may energy the subsequent technology of AI,” stated a Companion at EQT Infrastructure.
“As AI continues to drive vital adjustments and create new alternatives throughout industries, EQT stays dedicated to being on the forefront of growing the required datacenter, connectivity and vitality infrastructure wanted for AI and to making sure that EdgeConneX and our companions throughout EQT Infrastructure will proceed to capitalise on this highly effective trade tailwind.”
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Deal Closure
Sixth Road’s funding is a results of cross-platform collaboration between the agency’s devoted digital infrastructure and international actual property platform, the official launch stated.
The transaction is topic to regulatory approvals and customary closing situations.