Mar 11, 2025 | Posted by Abdul-Rahman Oladimeji
Swiss private equity firm Partners Group is to acquire Australian data center firm GreenSquareDC and will invest up to AU$1.2 billion (US$759m) in GreenSquare to establish the company as a “next generation data center platform.”
Nicholas Kuys, managing director, Infrastructure Asia, Partners Group, said: “Data centers are on a structural growth path supported by thematic tailwinds, including the increasing use of generative AI, growth in cloud adoption, and the migration of data center workloads to colocation sites. GreenSquareDC represents an opportunity to back a talented management team in the growing Australian market.”
Walt Coulston, GreenSquareDC CEO, added: “Our customer-centric approach, efficient design, leading technology, and sustainability focus positions us well in the market. The acquisition of our first site in Sydney provides GreenSquareDC with a speed-to-market advantage in serving our customers’ near-term requirements. We look forward to working with Partners Group and leveraging its significant experience in building infrastructure platforms globally to scale our offering.”
