KUALA LUMPUR, Nov 10 (Bernama) -- DigitalBridge Group Inc (DigitalBridge or the Company) announced that the International Finance Corporation (IFC) will invest US$100 million in digital infrastructure assets managed by DigitalBridge in Brazil, Indonesia and Malaysia to expand digital access and connectivity. (US$1 = RM 4.149)
According to a statement, IFC’s US$100 million investment includes US$75 million already committed in three of DigitalBridge’s portfolio companies.
This include Scala Data Centers (Scala), a leading scaled hyperscale data centre operator located in Brazil; EdgePoint Infrastructure (EdgePoint), an independent provider of wireless communications infrastructure with operations in Indonesia and Malaysia; and Highline do Brasil (Highline), an independent provider of wireless communications infrastructure with operations in Brazil.
Meanwhile, IFC will invest an additional US$25 million in other digital infrastructure assets in emerging markets managed by DigitalBridge in the future.
“This investment feeds into our priority of closing the digital divide by improving digital infrastructure and services, boosting rural connectivity, and accelerating the rollout of 4G and 5G digital communications technology globally,” said Global Head of Equity for Infrastructure at IFC, Lance Crist.
The IFC capital will enable the expansion of Scala, EdgePoint and Highline’s digital infrastructure businesses and increase access to quality digital connectivity and data centre capacity for both individuals and enterprises in these regions.
IFC’s investment validates and advances DigitalBridge’s growth strategy in emerging markets, where quality, reliable digital infrastructure set the stage for long-term, inclusive economic growth and a more sustainable future.
Headquartered in Boca Raton, DigitalBridge is a leading global digital infrastructure REIT and has key offices in Los Angeles, New York, London and Singapore.
More details at www.digitalbridge.com.
-- BERNAMA
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