NewsBite

Macquarie Technology tests appetite to finance $3b data centre plan

Tess Bennett

Macquarie Technology chief executive David Tudehope will consider selling a majority stake in the company’s existing data centre assets among a range of options to fund the group’s new $3 billion data centre campus.

Macquarie Technology Group, which has a market capitalisation of $1.6 billion, was founded in 1992 as a telecommunication services company and began investing in large-scale data centres for tech giants and government clients in 2018.

Loading...
is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com

Read More

Latest In Technology

Fetching latest articles

Most Viewed In Technology

    Original URL: https://www.afr.com/technology/macquarie-technology-tests-appetite-to-finance-3b-data-centre-plan-20251125-p5nicf