Business · Markets · 1 hr ago

Singaporean investor SWI plans €800 million share issue for data centers

Singaporean investor SWI plans €800 million share issue for data centers

SWI is a Singaporean investor that was listed in Amsterdam earlier this year.

It is now seeking to raise €800 million through a share issue.

The money is for building and developing data centers.

Data centers are facilities used to house computer systems and store or process digital information.

The planned fundraising marks a major step for SWI after its low-profile Amsterdam listing.

The information available does not say when the share issue will be completed or which data center projects the money will fund.

Sources

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