Data centre owner and operator NextDC is cashing in on the exuberance for digital infrastructure sparked by the sale of AirTrunk to Blackstone, tapping investors for $750 million to fund NextDC’s expansion into Asia.

AirTrunk’s success in the region – where it operates data centres in Japan, Singapore, Malaysia and Hong Kong – helped propel the company to a $24 billion valuation based on last week’s deal.