Infratil increases CDC investment with $216m stake acquisition

Infratil (NZX: IFT) has exercised pre-emption rights to acquire an additional 12.04% stake in CDC Data Centres from Commonwealth Superannuation Corporation for approximately A$216 million. The acquisition will increase Infratil’s ownership to 49.75%, alongside Future Fund's 34.55% stake. Valuing CDC at an Equity Value of A$13.7 billion, the deal reflects Infratil's commitment to digital infrastructure and its confidence in CDC's growth potential. CDC, boasting ~2.5GW of capacity, is expanding its data center footprint with new campuses, including a ~210MW development in Laverton. The transaction is subject to customary conditions and is expected to close in the second half of 2025.