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Iceland

PE-house Ardian to acquire DGI9’s $575m stake in Verne Global as it pursues high-performance computing

French private equity investor Ardian, which manages or advises on US$156 billion of assets globally, has signed a binding agreement to acquire 100% of Verne Global for $575 million from Digital 9 Infrastructure plc (LSE: DGI9). Closing of the transaction is subject to the receipt of merger cont...

November 27

João Marques Lima

Divestment of Verne Global: A strategic cove by Triple Point’s Digital 9 Infrastructure?

UK-based infrastructure fund Digital 9 Infrastructure (D9) (LSE: DGI9) is getting close to divesting from Verne Global, an European data centre company with operations spanning the UK, Finland, and Iceland. The decision, which follows a period of shareholder consultation and indicative offers, is expected to bolster D9's overall position and maximise shareholder value, the ...

October 28

João Marques Lima

Nordics to house nearly 1 in 10MW of European data centre power

The Nordic data centre market has been in frank expansion since the mid-2010s and by the end of this year is projected to be home to 8% of Europe’s all colocation supply in Europe. This represents a sharp year-on-year increase from 5% in 2022, with many locations in the region set to benefit from increased hyperscaler demand, according to real estate giant CBRE. The ac...

October 24

João Marques Lima

Nordic data centre operator atNorth reports 44% YoY revenue jump

Nordic data centre operator atNorth has posted a group income of SEK 560 million (€53 million) for the full year of 2022. The sales sum reported by the Partners Group-backed provider represents a 44% increase in revenue from 2021. Investment for the year 2022 amounted to about SEK 220 million (€20m). The company said 2023 CAPEX has been raised compared to last year. ...

August 02

João Marques Lima