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Press Release -- December 13th, 2021
Source: digital-9-infrastructure

Digital 9 acquires SeaEdge UK1 for £15 million

LONDON, UK: Digital 9 Infrastructure Plc has completed the acquisition of a data centre asset and subsea fibre landing station, SeaEdge UK1, on the UK’s largest data centre campus in Newcastle for a purchase price of £15m.

The asset forms part of the Company’s pipeline identified in the IPO prospectus and delivers on the Company’s landing station data centre strategy.

In addition to the SeaEdge UK1 acquisition and its related expansion opportunities, the Investment Manager has identified a further £1 billion pipeline of investment opportunities over the next 6 months.

Commenting on the SeaEdge UK1 transaction, Thor Johnsen, Head of Digital Infrastructure at Triple Point, said: “Data centres form a key part of the digital infrastructure backbone. We are pleased to support the Stellium operations through our ownership of the SeaEdge UK1 asset. Stellium offers customers robust transatlantic and intra-Europe connectivity, as well as access to the Newcastle Internet Exchange (NCL-IX). This level of connectivity is key in delivering on D9’s strategic ambition and bridging the connectivity divide.

We are thrilled to add SeaEdge UK1 to the growing D9 portfolio and look forward to updating investors on further opportunities in due course.”

Digital 9 Infrastructure plc is an investment trust which invests in a range of digital infrastructure assets, including data centres and fibre networks which deliver a reliable, functioning internet.

The Company has raised over USD 1.0 billion from its IPO in March 2021 and further placings in June and September 2021. It is the largest specialist digital infrastructure investment trust listed on the London Stock Exchange (ticker: DGI9).

The Company’s Ordinary Shares were admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange on 31 March 2021.

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