Digital 9 has signed a £45 million binding sale and purchase agreement for the acquisition of Volta Data Centres.
Volta wholly owns and operates a 6 MW facility in central London – in operation since 2013 – including the long leasehold to the 91,000 sqft building. The carrier-neutral facility has over 40 networks available, with direct access to multiple cloud platforms.
According to Triple Point-owned Digital 9, the acquisition is part of its ‘metro edge data centre strategy’, in which the company identifies sites in and around urban areas that provide connectivity to customers looking for low latency solutions.
Volta is Digital 9’s third data centre acquisition, following Iceland-based Verne Global and Newcastle’s SeaEdge.
Jack Waters, Chair of Digital 9 Infrastructure, said, “Data centres form a key part of the digital infrastructure backbone. The acquisition of Volta, which was a pipeline investment identified at IPO, adds to our portfolio of data centres which are in key connectivity locations, as D9 continues to build an integrated platform, driving connectivity throughout its investments.”
Thor Johnsen, Head of Digital Infrastructure at Triple Point Investment Management LLP, added, “Volta is one of central London’s best connected data centres, providing a unique opportunity to purchase a freehold operating asset with over 100 customers and an exciting long-term future as customers continue to seek low latency access in key centralised locations. We are particularly excited to explore opportunities across existing enterprise customers to optimise data centre utilisation across the broader platform, balancing the low latency metro access of Volta with the predictable power costs and sustainability benefits of our Nordic data centre platform, Verne Global.”