Stonepeak Infrastructure Partners
Stonepeak Infrastructure Partners and Ironclad Energy Partners Announce Sale of Rochester District Energy Assets to SDCL Energy Efficiency Income Trust for $260mm Enterprise Value
Tuesday, April 6, 2021 12:53PM IST (7:23AM GMT)
New York, United States:
Ironclad Energy Partners LLC (“Ironclad”), an affiliate of Stonepeak Infrastructure Partners (“Stonepeak”), has agreed to sell 100% of its indirect equity interests in RED-Rochester, LLC (“RED”) and associated affiliates to SDCL Energy Efficiency Income Trust plc (“SEEIT”) for $260 million enterprise value, subject to customary closing adjustments.
As one of the United States’ largest district energy systems, RED exclusively serves 100+ commercial and industrial customers within the Eastman Business Park (“EBP” or the “Park”) in Rochester, New York. RED’s asset base has continuously served the 1,
Digital Edge to Expand Platform Footprint in South Korea
Thursday, April 1, 2021 3:39PM IST (10:09AM GMT)
Acquires two data centers in South Korea and forms a long-term strategic alliance with Sejong Telecom
Singapore:
Digital Edge (Singapore) Holdings Pte. Ltd. (“Digital Edge” or the “Company”), a leading data center platform, established to transform the digital infrastructure in Asia and backed by Stonepeak Infrastructure Partners, today announced plans to expand its regional footprint to South Korea by entering into a definitive agreement to acquire Sejong Telecom’s data center assets in an all-cash transaction. At closing, Digital Edge will acquire one data center in Gangnam, Seoul and a Cable Landing Station facility in Centum City, Busan. The addition of these strategic assets, including their associated operations and customers, marks the Company’s initial entry into the Korean market and fu
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