Digital 9 Infrastructure is an
investment company which invests in digital infrastructure. It is listed on the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St P ...
and is a constituent of the
FTSE 250 Index. The company is managed by Triple Point Investment Management, a firm based in
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
.
History
The company was the subject of an
initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...
on the specialist fund segment of the London Stock Exchange in March 2021. Later that month it acquired Aqua Comms DAC, a business operating 14,300 km of undersea fibre-optic cables in the
Atlantic Ocean
The Atlantic Ocean is the second-largest of the world's five oceans, with an area of about . It covers approximately 20% of Earth's surface and about 29% of its water surface area. It is known to separate the " Old World" of Africa, Europe ...
.
In July 2021, the company invested £50 million in a project to establish a new intercontinental subsea cable and terrestrial fibre system between the middle east and India, to be known as Europe Middle-East India Connect 1. Then, in September 2021, the company acquired Verne Global, a business operating a 24 Megawatt datacentre on a former
NATO
The North Atlantic Treaty Organization (NATO, ; french: Organisation du traité de l'Atlantique nord, ), also called the North Atlantic Alliance, is an intergovernmental military alliance between 30 member states – 28 European and two No ...
military site at
Keflavík
Keflavík (pronounced , meaning ''Driftwood Bay'') is a town in the Reykjanes region in southwest Iceland. It is included in the municipality of Reykjanesbær whose population as of 2016 is 15,129.
In 1995, Keflavik merged with nearby Njarð ...
in Iceland. Next, in December 2021, it bought SeaEdge UK1, a business operating a coastal datacentre and subsea fibre landing station near
Newcastle upon Tyne
Newcastle upon Tyne ( RP: , ), or simply Newcastle, is a city and metropolitan borough in Tyne and Wear, England. The city is located on the River Tyne's northern bank and forms the largest part of the Tyneside built-up area. Newcastle is ...
on the north east coast of England. It then acquired a 48% stake in
Arqiva
Arqiva () is a British telecommunications company which provides infrastructure, broadcast transmission and smart meter facilities in the United Kingdom. The company is headquartered at the former Independent Broadcasting Authority headquart ...
, the British
telecommunications
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ...
company, from the
Canada Pension Plan, for C$585 million (US$454 million) in June 2022.
The company moved to the premium segment of the main market in August 2022. However, in November 2022,
Investec
Investec is an Anglo-South African international banking and wealth management group. It provides a range of financial products and services to a client base in Europe, Southern Africa, and Asia-Pacific.
Investec is dual-listed on the London S ...
expressed concerns about the sudden departure of the two managers employed by Triple Point to manage Digital 9 Infrastructure.
References
External links
Official site{{FTSE 250 Index constituents
Companies established in 2021
Companies listed on the London Stock Exchange