Digital 9 Infrastructure
In today's world, Digital 9 Infrastructure is a topic that has captured the attention of millions of people around the world. Since its emergence, Digital 9 Infrastructure has captivated experts and fans alike, generating intense debate and a wide range of opinions. Over time, Digital 9 Infrastructure has evolved and adapted to the needs of modern society, becoming a relevant topic of interest to all ages. This article explores the various facets of Digital 9 Infrastructure, from its origin to its impact today, providing a complete and detailed overview of this exciting topic.
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| Company type | Public limited company |
|---|---|
| LSE: DGI9 | |
| Industry | Digital infrastructure |
| Founded | 2021 |
| Headquarters | St Helier, Jersey |
Key people |
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| Website | www |
Digital 9 Infrastructure is an investment company which invests in digital infrastructure. It is listed on the London Stock Exchange. The company is managed by Triple Point Investment Management, a firm based in London.
History
The company was the subject of an initial public offering on the specialist fund segment of the London Stock Exchange in March 2021. Later that month it acquired Aqua Comms DAC, a business operating 14,300 km of undersea fibre-optic cables in the Atlantic Ocean.
In July 2021, the company invested £50 million in a project to establish a new intercontinental subsea cable and terrestrial fibre system between the middle east and India, to be known as Europe Middle-East India Connect 1. Then, in September 2021, the company acquired Verne Global, a business operating a 24 Megawatt datacentre on a former NATO military site at Keflavík in Iceland. Next, in December 2021, it bought SeaEdge UK1, a business operating a coastal datacentre and subsea fibre landing station near Newcastle upon Tyne on the north east coast of England. It then acquired a 48% stake in Arqiva, the British telecommunications company, from the Canada Pension Plan, for C$585 million (US$454 million) in June 2022.
The company moved to the premium segment of the main market in August 2022. However, in November 2022, Investec expressed concerns about the sudden departure of the two managers employed by Triple Point to manage Digital 9 Infrastructure.
In March 2024, it was announced Digital 9 Infrastructure had completed the sale of its entire stake in Verne Global to the Paris-based private equity company, Ardian in a deal worth up to £450 million.
References
- ^ "Digital 9 Infrastructure lead managers step down". Investment Week. 22 November 2022. Retrieved 30 November 2022.
- ^ "Digital 9 Infrastructure IPO raises £300m". Quoted Data. 26 March 2021. Retrieved 30 November 2022.
- ^ "£300m IPO of Digital 9 Infrastructure plc". BDO. Retrieved 30 November 2022.
- ^ "Digital 9 Infrastructure Invests £50m+ in Subsea Cable EMIC-1". Digital Infrastructure Real Estate. 30 July 2021. Retrieved 30 November 2022.
- ^ "D9 to invest a further $93 million in Verne Global". Datacentre Dynamics. 10 January 2022. Retrieved 30 November 2022.
- ^ "Digital 9 buys UK data centre and landing station for £15m". Capacity Media. 10 December 2021. Retrieved 30 November 2022.
- ^ "Digital 9 Infrastructure buys into Arqiva". Broadband TV News. 27 June 2022. Retrieved 30 November 2022.
- ^ "Digital 9 reaches high by buying $454m Arqiva transmitter owner". Capacity Media. 27 June 2022. Retrieved 30 November 2022.
- ^ "The London Stock Exchange welcomes Digital 9 Infrastructure to the Premium Segment of the Main Market". London Stock Exchange. 30 August 2022. Retrieved 30 November 2022.
- ^ "Investec warns of 'perilous position' following Digital 9 manager departures". Investment Week. 24 November 2022. Retrieved 30 November 2022.
- ^ Sebastian (22 March 2024). "Ardian acquires data centre platform Verne in £450m deal". Private Equity Insights. Retrieved 22 March 2024.