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IN BRIEF: Digital 9 acquires Verne Global and invests USD93 million

10th Jan 2022 13:53

Digital 9 Infrastructure PLC - London-based digital infrastructure investor - Completes its acquisition of Verne Holdings Ltd, a renewable energy powered data centre platform based in Iceland which trades under the name Verne Global. Digital 9 adds that it has agreed to invest a further USD93 million in Verne Global over the next 12 months to fund the expansion of its capacity by a further 20.7 megawatts. Verne Global's data hall, included in the acquisition, is currently under construction and is anticipated to start generating revenue in quarter three of 2022.

Current stock price: 109.80 pence, down 2.1% in London

12-month change: up 10%

By Heather Rydings; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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