Infratil (ASX:IFT) says CDC Data Centres are expanding into New Zealand - Sequoia Direct

21MayMay 21, 2020

Infratil (ASX:IFT) says CDC Data Centres are expanding into New Zealand

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Infrastructure company Infratil (ASX:IFT) is pleased to announce that CDC Data Centres is expanding into New Zealand.

CDC intends to develop two world-class hyperscale data centres on development sites in Auckland, with capacity in the near term up to a total of 20MW and additional vacant land which can be progressively developed over time to support expected demand from new and existing customers.

Infratil is a 48 per cent shareholder in CDC.

Shares in Infratil (ASX:IFT) are trading 1.35 per cent lower at $4.40.

Copyright 2020 – Finance News Network

Source: Finance News Network

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