Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Infratil Limited ( (IFUUF) ) has provided an announcement.
Infratil Limited announced that its subsidiary, CDC, has secured approximately 100MW of new contracted capacity, highlighting the strong demand in the Australasian data center market. This development is expected to help CDC double its FY25 earnings by FY27, with about 95% of forecast lease revenues now under contract. The contracts underscore CDC’s technological advantage and its ability to deliver future-proof data center campuses, reinforcing its market leadership and providing high visibility for stakeholders.
More about Infratil Limited
Infratil Limited is a company operating in the infrastructure sector, with a focus on data centers through its subsidiary CDC. The company is involved in providing large-scale data center solutions tailored to meet the growing demand driven by cloud and AI workloads in the Australasian market.
See more data about IFUUF stock on TipRanks’ Stock Analysis page.