Spark New Zealand has agreed to sell 75% of its fledgling data center business, reducing debt and finding a capital partner to help fund expansion.

Spark has sold 75% of its data centre operations to Australian Pacific Equity Partners in a deal that values the business at $705 million.

Spark to sell 75% of data centre business to PEP for $486m-plus Under-pressure telco signaled its intention to explore partnerships to develop its data centre portfolio in October last year. An artist ...

Spark confirms move to sell data centre stake By Joseph Waring Spark New Zealand confirmed local media reports indicating it is looking for a partner to invest in its data centre business, with the ...

The private equity firm is betting on strong demand for AI and cloud computing services in NZ after snapping up a majority stake in the data centres.

Investing.com-- Spark New Zealand Ltd (NZ: SPK) said on Tuesday it will sell a 75% stake in its data center business to Australia’s Pacific Equity Partners in a deal that values the business at ...

Central Ohio has quickly become one of the nation’s biggest hubs for data center construction, but questions arise about how much water and electricity is used.

After the 30-year fixed-rate decreased to 6.67%, the refinance share of mortgage activity increased to 46.5% of total application ...