Digital 9 Infrastructure is an

investment company An investment company is a financial institution principally engaged in holding, managing and investing securities. These companies in the United States are regulated by the U.S. Securities and Exchange Commission and must be registered under t ...

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 Pa ...

and is a constituent of the

FTSE 250 Index The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septemb ...

. 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#Surface, Earth's surface and about 29% of its water surface area. It is known to separate the "Old World" of Afr ...

. 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 Njar� ...

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 a ...

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 tha ...

company, from the

Canada Pension Plan The Canada Pension Plan (CPP; french: Régime de pensions du Canada) is a contributory, earnings-related social insurance program. It forms one of the two major components of Canada's public retirement income system, the other component being Old ...

, 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 Londo ...

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