Infratil invests in Canberra Data Centres

Infratil says it expects to invest up to another A$50 million ($53m) in Canberra Data Centres to help fund its on-going growth. The data business, which Infratil bought into in 2016, has just acquired the Eastern Creek data centre in Western Sydney from DXC Technology. The site covers 145,000sqm and provides scope for progressive expansion over time. The transaction has been funded with a combination of debt and equity from its existing shareholders — Infratil and the Commonwealth Superannuation Corp, with 48 per cent each, and management.

— BusinessDesk