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Digital 9 Infrastructure
From Wikipedia - Reading time: 7 min
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| Type | Public limited company |
|---|---|
| LSE: DGI9 | |
| Industry | Digital infrastructure |
| Founded | 2021 |
| Headquarters | St Helier, Jersey |
Key people |
|
| Website | www |
Digital 9 Infrastructure is an investment company which invests in digital infrastructure. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[1] The company is managed by Triple Point Investment Management, a firm based in London.[2]
History[edit]
The company was the subject of an initial public offering on the specialist fund segment of the London Stock Exchange in March 2021.[3] Later that month it acquired Aqua Comms DAC, a business operating 14,300 km of undersea fibre-optic cables in the Atlantic Ocean.[4]
In July 2021, the company invested £50 million in a project to establish a new intercontinental subsea cable and terrestrial fibre system between the middle east and India, to be known as Europe Middle-East India Connect 1.[5] Then, in September 2021, the company acquired Verne Global, a business operating a 24 Megawatt datacentre on a former NATO military site at Keflavík in Iceland.[6] Next, in December 2021, it bought SeaEdge UK1, a business operating a coastal datacentre and subsea fibre landing station near Newcastle upon Tyne on the north east coast of England.[7] It then acquired a 48% stake in Arqiva, the British telecommunications company, from the Canada Pension Plan, for C$585 million (US$454 million) in June 2022.[8][9]
The company moved to the premium segment of the main market in August 2022.[10] However, in November 2022, Investec expressed concerns about the sudden departure of the two managers employed by Triple Point to manage Digital 9 Infrastructure.[11]
References[edit]
- ^ "FTSE UK Index Series Quarterly Review December 2022". FTSE Russell. 30 November 2022. Retrieved 30 November 2022.
- ^ "Digital 9 Infrastructure lead managers step down". Investment Week. 22 November 2022. Retrieved 30 November 2022.
- ^ "Digital 9 Infrastructure IPO raises £300m". Quoted Data. 26 March 2021. Retrieved 30 November 2022.
- ^ "£300m IPO of Digital 9 Infrastructure plc". BDO. Retrieved 30 November 2022.
- ^ "Digital 9 Infrastructure Invests £50m+ in Subsea Cable EMIC-1". Digital Infrastructure Real Estate. 30 July 2021. Retrieved 30 November 2022.
- ^ "D9 to invest a further $93 million in Verne Global". Datacentre Dynamics. 10 January 2022. Retrieved 30 November 2022.
- ^ "Digital 9 buys UK data centre and landing station for £15m". Capacity Media. 10 December 2021. Retrieved 30 November 2022.
- ^ "Digital 9 Infrastructure buys into Arqiva". Broadband TV News. 27 June 2022. Retrieved 30 November 2022.
- ^ "Digital 9 reaches high by buying $454m Arqiva transmitter owner". Capacity Media. 27 June 2022. Retrieved 30 November 2022.
- ^ "The London Stock Exchange welcomes Digital 9 Infrastructure to the Premium Segment of the Main Market". London Stock Exchange. 30 August 2022. Retrieved 30 November 2022.
- ^ "Investec warns of 'perilous position' following Digital 9 manager departures". Investment Week. 24 November 2022. Retrieved 30 November 2022.
External links[edit]
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