LONDON, UK: Digital 9 Infrastructure has signed a binding sale and buy settlement for the acquisition of GAData Holdings Limited (trading as Volta Data Centres) for £45 million.
Volta wholly owns and operates a premier data centre facility based in central London, offering co-location services. The Acquisition delivers on D9’s metro edge data centre strategy, figuring out facilities located in or shut to city centres offering robust connectivity to customers which require low latency solutions. This enhances D9’s Verne Global and SeaEdge data centre strategies.
Key highlights:
· 6 MW data centre in central London, working since 2013
· Over forty networks available in its carrier-neutral facility, rating it within the highest 10 for connectivity amongst all central London data centres, and first amongst independents
· Diversified buyer base of over 100 clients from the finance, media, tech, telecom and energy sectors
· Offers direct entry to a number of cloud platforms
· Over 50% of the MW sold have a direct energy go through within the contract, reducing Volta’s publicity to energy price fluctuations
· Focus on achieving carbon neutrality, with energy sourced from renewable sources
· Owns the lengthy leasehold to the 91,000 sq. foot constructing in which it operates, on the sting of the City of London, a brief stroll from Farringdon Station
· Central London location is in line with D9’s stated technique of buying assets with robust connectivity shut to finish customers and devices in metro edge locations, complementing its Verne Global and SeaEdge data centre strategies
Jack Waters, Chair of Digital 9 Infrastructure plc, commented: “Data centres form a key a half of the digital infrastructure backbone. The acquisition of Volta, which was a pipeline funding recognized at IPO, provides to our portfolio of data centres that are in key connectivity locations, as D9 continues to construct an built-in platform, driving connectivity all through its investments.”
Thor Johnsen, Head of Digital Infrastructure at Triple Point Investment Management LLP, commented: “Volta is one of central London’s best connected data centres, offering a distinctive alternative to buy a freehold working asset with over 100 customers and an thrilling long-term future as customers proceed to hunt low latency entry in key centralised locations. We are particularly excited to discover alternatives throughout existing enterprise customers to optimise data centre utilisation throughout the broader platform, balancing the low latency metro entry of Volta with the predictable energy prices and sustainability advantages of our Nordic data centre platform, Verne Global.”
www.d9infrastructure.com.