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

Company News

by Rachael Jones

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.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.