Business

Partners Group Acquires EdgeCore Digital Infrastructure for $1.2-Billion

Partners Group, a leading private markets company, has acquired EdgeCore Digital Infrastructure, an owner, builder, and operator of hyperscale data centers in the United States. Partners Group will invest around 1.2 billion dollars to fund the acquisition and also build existing and future data center sites.

With this investment, Partners Group will acquire existing and under development sites of EdgeCore, and it will fund future acquisitions of the company. The data center contracts are mainly long-term, with customers charged a price based on their contracted power capacity.

The main initiatives of Partners Group include acquisition, site expansion, building future assets in the United States, and expanding sustainability initiatives at the company’s data center campuses.

Partners Group will be working with the experience management team at EdgeCore, which has more than 140 years of combined industry experience, on the company’s transformational value creation plan.

Through the thematic investment approach, Partners Group found increasing demand for data centers in the United States as service providers begin to deploy more capacity to support businesses migrating to cloud technology, says Ed Diffendal, MD, Co-Head Private Infrastructure Americas, Partners Group.

Ed Diffendal added that EdgeCore is a unique next-generation infrastructure investment because of its strong portfolio of data center sites, talented management team, and advanced pipeline of assets in strategically important markets, and they are looking forward to build the platform.

Writing is a medium to express feelings and convey facts. A creative mind never rests in peace and this amazing platform gives me the freedom to write about what I like most.

I’ve been a writer/blogger for the last twelve years and have covered technology-related topics. However, I also have considerable years of experience in writing for various domains – Technology, Beauty, Fashion, Pharmaceutical, human psychology etc. Technology is my forte.

I’ve handled many interesting projects. Writing is my passion. As an author, I’ve learned a lot in my long journey of penning down my thoughts!

Recent Posts

Premier League Clubs Agree to Remove Gambling Sponsorships from Team Shirts

After discussions with the government, Premier League clubs have agreed to stop sponsoring their front…

1 year ago

Russia’s Novatek to Gain Shell’s Stake in Sakhalin-2

Analysts reported that Novatek, a Russian natural gas producer, acquired Shell's stake in the Sakhalin-2…

1 year ago

Volkswagen Launches New-Gen Electric Motor to Power its “ID” Family

The electric drivetrain of the next generation for Volkswagen's "ID" has been unveiled. Family EV.…

1 year ago

Egg Prices to Reach Record High in 2023 Globally

According to research, global egg prices are expected to remain at an all-time high until…

1 year ago

Audi Selects Ohme as Smart Charger Partner in UK

Ohme becomes Audi's Official UK Smart Charger Partner Ohme has been selected as Audi's new…

1 year ago

General Motors Invests EnergyX to Unlock Lithium Supply in North America

GM Ventures has signed a strategic agreement to develop EnergyX's lithium extraction and refinery technology,…

1 year ago