Spark seeking co-investor for its data centre - report

Spark dials I for investor. (Image: NZME)

Thu, 01 May 2025

Spark’s eight-month effort to raise capital for a $1 billion-plus expansion of its data centre operations could be finally coming to the sharp end.The telco “has launched an auction to find a co-investor for its data centre portfolio, which could be worth as much as NZ$1.2b”, the Australian Financial Review (AFR) reported this morning.Sources told AFR that Jarden had started mailing out flyers to infrastructure funds, asking them to prepare bids for an approximate 50% stake in Spark’s “data centre platform&rd...

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