Digital 9 Infrastructure has invested £231m (€271m) to buy an Icelandic data centre platform as its first data centre acquisition.
The newly-listed digital infrastructure investment firm has bought Verne Holdings (Verne Global), a business that owns data centre facilities on a 40-acre campus, with 24MW of constructed capacity, redundant power, network access and considerable headroom for further expansion on site.
Digital 9 said the acquisition is one of the pipeline investments identified at its initial public offering earlier this year.
The company said its investment manager Triple Point Investment Management has identified a further six data centre investments with an aggregate value of approximately £200m, which form part of a broader near-term pipeline of, in aggregate, over £670m.
Thor Johnsen, the head of digital infrastructure at Triple Point, said: “Data centres form a key part of the digital infrastructure backbone. Verne Global’s existing Icelandic based data centre assets represent some of the cleanest, lowest carbon footprint data centres, globally.
“This is another key step to support decarbonising the data centre industry.”
Dominic Ward, CEO of Verne Global, said: “We are experiencing rapid growth and demand for sustainable high intensity compute solutions.
”Our customers are growing fast and have a stronger focus than ever on sustainability. Acquisition by D9 enables us to accelerate our growth and respond to our customers’ needs now and in the future.”
To read the digital edition of the latest IPE Real Assets magazine click here.
