DataBank Announces $2B Equity Raise, Led by $1.5B from AustralianSuper




📅 - AustralianSuper, Australias largest superannuation fund, has led a $2 billion equity raise for DataBank, a major provider of enterprise-class edge colocation, connectivity, and managed services. AustralianSuper contributed a significant $1.5 billion of the total funds, marking its first investment in the U.S. data center market.

This move aligns with AustralianSupers broader strategy of expanding its global digital infrastructure footprint, adding to its nearly $40 billion real assets portfolio, which includes assets in Australia, EMEA, and South America.

As part of the deal, AustralianSuper will acquire a sizable minority stake in DataBank and gain a seat on the companys board of [...][... Check source for end of article ...]
Tags: Data Center

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URL source: https://hostingjournalist.com/news/databank-announces-2b-equity-raise-led-by-1-5b-from-australiansuper

Company: Data Bank

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