Brookfield Infrastructure to acquire Data4 from AXA IM.

Brookfield Infrastructure, an infrastructure investor, agreed to acquire Data4, a data centre platforms, from AXA IM, a global company in alternative investments. Financial terms were not disclosed. This investment marks Brookfield’s first major entry into the European data centre market – a region that is expected to experience significant growth in the years ahead – and further expansion of its global data centre platform. Brookfield will leverage its ecosystem to provide best-in-class greenfield development and renewable power capabilities to further build the business throughout Europe. Data4’s long-term inflation-linked contracted business model, with blue-chip hyperscale customers, provides stable and recurring revenues that fit well within Brookfield’s investment strategy.