Intentor Barrenjoey set to sell $2bn stake in CDC Data Centres
Australian investment bank Barrenjoey Capital Partners is reportedly preparing to sell a AU$2 billion stake in CDC Data Centres on behalf of the Commonwealth Superannuation Corporation (CSC). CDC Data Centres is an energy infrastructure company that operates a network of data centres across Aust...
July 25
Alibaba Cloud exits Australia and India amid digital infrastructure consolidation drive
Chinese technology giant Alibaba Cloud has unveiled plans to shutter its data centre operations in Australia and India. The group said the decision forms part of a broader infrastructure strategy revamp, as the cloud computing subsidiary of Alibaba Group (HKG: 9988) recalibrates its global footprint. The announcement comes in the wake of a "careful assessment" undertaken...
July 08
Keppel REIT announces Green Financing Framework for future transactions
Keppel REIT Management Limited, the manager of Keppel REIT, has introduced a Green Financing Framework to bolster its sustainability efforts and support the attainment of its environmental, social, and governance (ESG) targets and commitments. The group said the framework aligns with the International Capital Market Association’s Green Bond Principles and the Green Loan P...
June 26
Equinix boosts Australian digital infrastructure with $160m investment for AI-powered future
The surging demand for artificial intelligence (AI) and digital infrastructure has prompted Equinix (NASDAQ: EQIX) to invest A$240 million (approximately US$160 million) in expanding two of its Australian data centres. As the global economy pivots towards an AI-driven future, enterprises across Australia are rapidly embracing this technology. According to a recent report...
June 24
A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers
