Aware Super, DigitalBridge form partnership to invest in renewable-powered data center

Aware Super and DigitalBridge Group have formed a partnership that will see Aware Super make a significant investment in Switch, a 100 percent renewable-powered data center platform, which a DigitalBridge-managed investment entity acquired last year.

“We are pleased to partner with DigitalBridge to invest in Switch as we grow our portfolio of digital infrastructure investments,” said Mark Hector, Aware Super head of infrastructure. “Switch's differentiated platform of high-quality data centers and 100 percent carbon-neutral footprint aligns with our purpose of delivering strong, risk-adjusted returns to our 1.1 million members and as a responsible owner and operator of real assets."

The partnership follows the take-private of Switch in December 2022, in which investment vehicles affiliated with the investment management platform of DigitalBridge and an affiliate of IFM Investors acquired all outstanding common shares of Switch, Inc., for $34.25 per share in cash,