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Infratil Limited ( (IFUUF) ) has provided an announcement.
Infratil Limited has announced that CDC, a key data center investment, has secured over 230MW of new customer contracts, supporting its growth trajectory and increasing its forecast build capacity by over 1,000MW in the last six months. To support this expansion, Infratil has contributed A$433 million in equity funding and plans to invest an additional A$250 million over the next one to two years. Despite increased interest costs affecting valuation, Infratil’s investment in CDC is now valued higher, reflecting robust customer demand and confidence in CDC’s future growth.
More about Infratil Limited
Infratil Limited operates in the infrastructure investment sector, focusing on owning and managing businesses involved in essential services. It has a significant stake in CDC, a company that specializes in data center operations across various geographies.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $6.68B
Learn more about IFUUF stock on TipRanks’ Stock Analysis page.
