The deal is subject to approval from the Australian foreign investment review board.
AirTrunk is present in Australia, Japan, Malaysia, Hong Kong and Singapore, with more than 800 megawatts of capacity committed to customers. Airtrunk also owns land that it claims can support over 1 gigawatt of future growth across the region.
Jon Gray, president and chief operating officer at Blackstone, says: “AirTrunk is another vital step as Blackstone seeks to be the leading digital infrastructure investor in the world across the ecosystem, including data centres, power and related services.”
Sean Klimczak, global head of Blackstone Infrastructure; and Nadeem Meghi, global co-head of Blackstone Real Estate; say in a statement: “Prior to AirTrunk, Blackstone’s portfolio consisted of US$55 billion of data centres including facilities under construction, along with over US$70 billion in prospective pipeline development.”
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