Infratil's CDC investment gains A$500m

Infratil's CDC investment gains A$500m
Staff reporters
Infratil’s 48% investment in the CDC Data Centres continues to reap rewards, with a 15% lift in value since June 30.On Dec 31 the stake was valued at between A$2.7 billion to A$2.9b with a midpoint of A$2.8b, up from A$2.3b to A$2.5b at June 30, 2021. The valuation increase reflected the pipeline of development and strong customer interest in CDC’s services, Infratil said.CDC currently has four data centres, totalling 104 megawatts (MW), under construction in three geographies (Auckland, Canberra and Sydney).  The valuatio...