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Real estate investor prepares to roll out a hyperscale and edge data centre network across Australia
The first data centre project, a circa 74,000 square metres/796,500 square feet facility in Rouse Hill, has already received DA approval.
Founder and Editor, The Tech Capital
December 16, 2021 | 3:00 AM GMT
The news comes just two weeks after the company first announced it would be launching a digital infrastructure business arm focussed on developing long-term infrastructure for the storage, processing and distribution of large amounts of data.
The deal announced today sees Trifalga provide the investment, deploying the capital and infrastructure for each site, while Kalinda IT, a certified Supply Nation member will provide tech services to manage, run and sell services within each asset.
Trifalga DC CEO Joe Abboud said an important first step in the ongoing relationship between Trifalga DC and Kalinda IT was the recent completion of a AU$3 million (US$2.15 million) capital raise which would support the national rollout of the edge cloud.
Abboud said: “Trifalga DC led this investment raise to not only drive even more demand in edge computing and data centres across Australia, but to cement our relationship with Kalinda IT as we continue to offer support in an advisory capacity.
“Working with a First Nations IT supplier like Kalinda IT means we can offer our investors the opportunity to close the regional technology gap, support Indigenous data sovereignty and bring the disaggregated tech market at the edge and in regional locations together.”
The deal was structured in collaboration with Reach Markets Executive Director and Head of Corporate Advisory Julius Cohen.
Reach Markets was responsible for working with Kalinda IT and Trifalga to complete the raise, which was taken up in one day by Reach’s clients.
Reach Markets is a capital advisory and trading business based in Sydney and Melbourne.
Cohen said: “Reach Markets is excited by the growth in the edge computing space and to be able to partner with Kalinda IT, a business we believe will see a large uptick in revenue based upon some of the key relationships it has managed to secure and we look forward to supporting them as they grow.”
Trifalga and Trifalga DC’s first data centre project, a circa 74,000 square metres/796,500 square feet facility in Rouse Hill, has already received DA approval.
Trifalga DC said it is also in discussions with other stakeholders in regional parts of Australia, across several states.
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