Why the $25 billion AirTrunk datacentre sale is a ‘useful reference’ for Infratil

A CDC hyperscale datacentre in Hobsonville, Auckland. (Image: NZME)

Thu, 05 Sep 2024

The $25.4 billion sale this week of Australian datacentre business AirTrunk provided a useful reference price point for listed infrastructure investor Infratil, a fund manager says. AirTrunk was snapped up by Blackstone after a competitive sale process, making it the biggest corporate transaction in Australia this year. Dual-listed Infratil has its own datacentre play. It owns 48.2% of the Australasian outfit CDC Data Centres. There have been reports that one of CDC’s shareholders, the Commonwealth Super Fund, may seek to s...

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