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Iceland

Ardian Infrastructure in all-stake buyout of Iceland’s largest integrated telecoms network

French private investment group Ardian Infrastructure said it is acquiring a 100% stake in Míla ehf. (Míla), the largest integrated telecommunications network in Iceland, from telecoms operator Síminn Group (ICE: SIMINN).   The transaction represents Ardian’s sixth investment in the Nordic region, its first in Iceland, and its fourth investment in the telecommunicatio...

October 26

UK PLC buys Verne Global’s $320m data centre business

Digital 9 Infrastructure plc (LON: DGI9) has acquired Icelandic data centre operator Verne Global in a cash transaction worth approximately £231 million (US$318m). The acquisition of Verne Global, which operates a 100% renewable powered data centre campus in Keflavík, a town in the Reykjanes region in southwest Iceland, comes months after Digital 9’s subsea investment i...

September 07

Europe’s data centres to add $5.6bn in revenues amid services boom

The European data centre market is in frank expansion and expected to reach revenues of €14,722 million by the end of 2024. The 46% increase follows the record set in 2020 of €10,063 million, according to research and analysis firm Datacentre Pricing (DCP). Covering 17 European countries, 650 data centre providers and over 1,300 data centre facilities, analysts at th...

January 28

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