NewsBite

Data centre owner Infratil revels in the AirTrunk effect

Tess Bennett
Tess BennettTechnology reporter

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Infratil, the part-owner of Canberra data centre business CDC, was voted AirTrunk’s heir apparent by the sharemarket after a lofty $23.5 billion deal for the regional data centre giant was sealed in a closely fought auction.

Shares in New Zealand infrastructure investor Infratil rose 2.2 per cent on Wednesday, to $10.50, defying a broad sell-off that forced listed data centre players NextDC and Macquarie Technology Group down 3 per cent and 2.6 per cent on Wednesday.

Loading...

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Technology

Fetching latest articles

Most Viewed In Technology

    Original URL: https://www.afr.com/technology/data-centre-owner-infratil-revels-in-the-airtrunk-effect-20240903-p5k7dh