Macquarie Infrastructure and Real Assets (MIRA) and AirTrunk announced that financial close has been reached on the acquisition of an 88 per cent stake in AirTrunk by a consortium led by Macquarie Asia Infrastructure Fund 2 (MAIF2), a MIRA-managed infrastructure fund. This investment values AirTrunk at more than AUD 3 billion (US$ 1.85 million) and will accelerate its ambitious expansion across the Asia-Pacific (APAC).  

AirTrunk is a best-in-class hyperscale data centre platform for large cloud, content and enterprise customers across APAC. Since the 2017 launch of its first hyperscale data centre in Western Sydney, AirTrunk has rapidly grown into a leading regional platform with facilities in Sydney (Sydney West and Sydney North), Melbourne, Singapore and Hong Kong, and a well-developed expansion plan in other markets. AirTrunk’s five data centres, once fully developed, will be able to deliver a combined capacity of more than 450 megawatts.  

AirTrunk is building scalable and sustainable infrastructure in key APAC markets to enable the growth of cloud. Rapid population growth, digital adoption and the shift to the cloud is driving accelerated demand by cloud and content providers for hyperscale data centre solutions as offered by AirTrunk.  

AirTrunk was advised by: Grant Samuel, Goldman Sachs Investment Bank, DLA Piper, Norton Rose Fulbright, Hogan Lovells, KPMG and PwC. MIRA was advised by: Baker McKenzie, King & Wood Mallesons, KPMG and Macquarie Capital. Deutsche Bank was lead debt arranger, advised by Gilbert + Tobin.