Sixth Street Acquires Minority Stake in EdgeConneX from EQT Infrastructure
September 24, 2024
Funds managed by Sixth Street will acquire a minority stake in EdgeConneX from EQT Infrastructure (EQT Infrastructure IV and V), with EQT remaining the largest shareholder. The strategic investment will provide capital and sector expertise to help EdgeConneX accelerate delivery of energy-efficient data center capacity optimized for AI and large-scale cloud deployments; the transaction is expected to close in Q4 2024.
- Buyers
- Funds managed by Sixth Street
- Targets
- EdgeConneX
- Sellers
- EQT Infrastructure IV, EQT Infrastructure V
- Industry
- Infrastructure
- Location
- Virginia, United States
- Transaction Type
- Growth capital
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