Infratil signals A$50m investment in Canberra Data Centres

Infratil signals A$50m investment in Canberra Data Centres
Gavin Evans
By Gavin Evans Dec. 14 (BusinessDesk) - Infratil says it expects to invest up to another A$50 million in Canberra Data Centres to help fund its on-going growth. The data business, which Infratil bought into in 2016, has just acquired the Eastern Creek data centre in Western Sydney from DXC Technology. The site covers 145,000 square-metres and provides scope for progressive expansion over time. The transaction has been funded with a combination of debt and equity from its existing shareholders – Infratil and the Commonwealth Superannuat...