Partners Group has agreed to acquire GreenSquare Data Centers, a data center provider in Australia, on behalf of its clients.
Partners Group plans to invest up to A$1.2 billion ($760 million) to transform GreenSquareDC into a next-generation data center platform. Under Partners Group’s ownership, GreenSquareDC will become an owner, developer and operator of large-scale sustainable data centers across key Australian cities, generating revenues under long-term take-or-pay contracts with global hyperscale customers and cloud operators.
GreenSquareDC recently acquired its first site in Sydney, a brownfield data center with an existing powered shell and an adjoining landbank that will enable the campus to expand to 96 megawatts of compute capacity. The company has also secured land options on several sites in strategic locations across Sydney, Melbourne and Perth that have strong domestic fiber connections and global connectivity via established and planned subsea cables.
