(Reuters) – Australian pension plan fund Aware Super said on Tuesday it has really gotten a minority danger in London- headquartered knowledge switch framework enterprise euNetworks, in a proposal to make use of the knowledgeable system increase.
It bought euNetworks utilizing a automotive led by worldwide framework and real possessions supervisor Stonepeak, and others consisting of Investment Management Corporation of Ontario and APG Asset Management.
Aware Super, which takes care of A$ 180 billion in possessions, didn’t expose the dimension of its danger or the monetary funding amount.
EuNetworks has and runs deep fiber networks in 18 cities in Europe, together with a long term community all through quite a few nations within the space. It straight attaches over 542 data centres.
The cut price comes in the course of increasing ardour and wish for data centres, that are essential to the rise of generative AI.
“EuNetworks was a strong first step for expanding the Fund’s digital infrastructure portfolio into new markets,” said Katya Romashkan, Aware Super Portfolio Manager– Infrastructure.
($ 1 = 0.8953 euros)
(Reporting by Ayushman Ojha; Editing by Mrigank Dhaniwala and Shinjini Ganguli)
