Infratil expects £130m Kao Data investment to take years to pay off

Chief executive Jason Boyes said Kao Data is early-stage. (Photo: supplied)

Wed, 06 Oct 2021

Infratil isn't expecting its up to £130 million (NZ$254.6m) investment in Kao Data to pay off immediately but said it's "a compelling strategic growth opportunity".Chief executive Jason Boyes says data centres are "one of the hottest infrastructure investments globally".However, Kao Data is at an earlier stage compared to where Canberra-based CDC Data Centres was when Infratil bought its 48% stake in 2016.As a result, it is riskier.Boyes said CDC is now Infratil's largest single investment and "the tre...

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