Oct 16 (Reuters) - U.S.-based data center developer
DataBank has raised nearly A$3 billion ($2.01 billion) in a bid
to build three planned facilities across the United States, with
pension fund AustralianSuper leading the raise.
AustralianSuper, the country's largest pension fund, on
Wednesday said it had committed A$2.2 billion to DataBank's
raising and would emerge as a minority owner of the U.S.-based
firm. The pension fund would also appoint a company's board
director.
The raising is the latest sign of growing investor appetite
in artificial intelligence, which in turn has resulted in a
boost for data centre proposals.
Deals in the data centre space have increased globally due
to the growing popularity of AI with Blackstone's A$24
billion acquisition of Australian AirTrunk in the spotlight.
DataBank's controlling investor, DigitalBridge ( DBRG/PJ ),
which appoints a majority of the company's board, also
participated in the raising.
($1 = 1.4916 Australian dollars)