Infratil shareholders asked to invest more for lucrative datacentre play

Infratil CEO Jason Boyes says CDC continues to see a surge in demand for datacentre capacity. (Image: NZME)

Mon, 17 Jun 2024

Listed infrastructure investor Infratil is doubling down on datacentres, announcing a $1.15 billion equity raise.The firm told the New Zealand Exchange (NZX) it would use the money to invest further into datacentres, which had been a winner for Infratil, with its existing investments seeing strong growth. Infratil entered a trading halt on Monday morning. Infratil chief executive Jason Boyes said its investment into Australasian datacentre developer and operator CDC had been one of the company’s most successful investments,...

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