AirTrunk secures $4.25 billion loan amid $75 billion Australian data centre splurge
While NextDC reels from a costly delay to a flagship campus, Robin Khuda’s AirTrunk has secured a fresh batch of billions.
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Billionaire Robin Khuda’s AirTrunk earmarks $3 billion to build data centres in Malaysia
AirTrunk’s Malaysian expansion comes after announcing the proposed acquisition of Lumina CloudInfra, which has 600 megawatts of data center projects in India and a development potential of up to $5 billion.
Billionaire Robin Khuda’s AirTrunk expands in India with Lumina CloudInfra deal
Data centre investments are surging in India, fuelled by rapid growth in AI and cloud computing. The country’s capacity is expected to rise more than fivefold to 10 gigawatts by 2030 from about 1.5 gigawatts last year, according to consulting firm Deloitte.
Blackstone closes AirTrunk acquisition in biggest deal of 2024
Sydney-founded global data centre company AirTrunk is now officially a part of finance behemoth Blackstone in the largest transaction in Australia this year.
Confirmed: AirTrunk acquired by Blackstone in $24 billion deal
Blackstone confirms to Forbes Australia it sealed a deal today to acquire Australian unicorn AirTrunk. The Canada Pension Plan Investment Board also participated in the deal.