Digital 9 acquires Volta for £45 million

Acquisitions

Summary

Digital 9 said it will spend £45 million on the acquisition, which delivers on its metro edge strategy, and that its latest acquisiton would complements its earlier acquisitions of Verne Global and SeaEdge UK1. In related news, last week Digital 9 closed on Host Ireland. The acquisition of Volta, which was a pipeline investment identified at IPO, adds to our portfolio of data centres which are in key connectivity locations, as D9 continues to build an integrated platform, driving connectivity throughout its investments." Thor Johnsen, head of digital infrastructure at Triple Point Investment Management LLP, said: "Volta is one of central Londons best connected data centres, providing a unique opportunity to purchase a freehold operating asset with over 100 customers and an exciting long-term future as customers continue to seek low latency access in key centralised locations. "We are particularly excited to explore opportunities across existing enterprise customers to optimise data centre utilisation across the broader platform, balancing the low latency metro access of Volta with the predictable power costs and sustainability benefits of our Nordic data centre platform, Verne Global."

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