Australia s largest pension
fund, AustralianSuper, said on Tuesday it would buy a minority
stake in a major European data centre business for A$2.5 billion
, its first significant investment into.
Australian Pension Fund to Invest $1 6 Billion in Data Centre Firm usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Up to its neck in Sydney-based infrastructure, AustralianSuper spent the past few years studying data centres globally. When it found its target, it did not muck around.