Companions Group, a number one world non-public markets funding agency, has introduced its settlement to amass Australian knowledge heart operator GreenSquare Knowledge Facilities. The agency plans to take a position as much as AUD 1.2 billion (over US$750) to rework GreenSquareDC right into a next-generation knowledge heart platform, increasing its capability and strengthening its presence in key Australian markets.
Beneath Companions Group’s possession, GreenSquareDC will develop and function large-scale, sustainable knowledge facilities throughout main Australian cities, producing income via long-term take-or-pay agreements with world hyperscale purchasers and cloud service suppliers.
The corporate not too long ago secured its first website in Sydney, a brownfield knowledge heart with an already powered shell and an adjoining landbank, permitting for fast growth to 96 megawatts of compute capability.
Moreover, GreenSquareDC has secured land choices in prime places throughout Sydney, Melbourne, and Perth, strategically positioned with connectivity to home and worldwide subsea cables. The corporate’s infrastructure is designed to help a variety of server energy densities whereas guaranteeing environment friendly power and water utilization.
Partners Group has been an energetic investor within the knowledge heart sector, committing roughly USD 4 billion since 2021. The agency has performed a key function in increasing atNorth, a number one pan-Nordic knowledge heart platform, and EdgeCore, a top-tier hyperscale knowledge heart supplier in america. To scale GreenSquareDC, Companions Group will implement its confirmed platform-building technique, which incorporates website acquisitions, growing a pipeline of future alternatives, strengthening provider and buyer relationships, and enhancing operational capabilities.
Nicholas Kuys, Managing Director, Infrastructure Asia at Companions Group, highlighted the structural development of the info heart business, pushed by rising cloud adoption, AI improvement, and the shift of workloads to co-location amenities. He emphasised that long-term contracts, capital depth, and repair reliability contribute to the sector’s sturdy infrastructure traits. Kuys acknowledged that GreenSquareDC presents a strategic alternative to help an skilled administration workforce within the quickly increasing Australian market.
Sustainable, Scalable Knowledge Middle Options
GreenSquareDC CEO Walt Coulston expressed enthusiasm for the partnership, noting that the corporate’s customer-focused method, environment friendly design, and superior know-how place it strongly inside the market. He emphasised that the current acquisition of the Sydney website provides GreenSquareDC a aggressive benefit in delivering capability shortly to satisfy shopper calls for. Coulston added that collaborating with Companions Group will allow the corporate to leverage world infrastructure experience to speed up its growth.
In keeping with Bharath Rajagopalan, a member of Companions Group’s Infrastructure Asia administration workforce, demand for high-density knowledge heart amenities in Australia continues to rise as hyperscale purchasers search options for AI and cloud workloads. He famous that future development would even be supported by coverage measures selling home AI analysis and sovereign AI fashions in Australia. Companions Group goals to assist GreenSquareDC scale its infrastructure to offer sustainable and scalable knowledge heart options for world enterprises.
With US$ 27 billion in property below administration inside its infrastructure division, Companions Group has a robust observe document in large-scale investments. The agency obtained transactional advisory help from Clifford Probability and Alvarez & Marsal for the GreenSquareDC acquisition.
Partners Group, based in Switzerland and with its Americas headquarters in Colorado, manages over USD 150 billion in complete property globally. The agency’s acquisition of GreenSquareDC would align with its broader funding technique, specializing in infrastructure property that profit from long-term digital transformation traits.