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Stoneweg Europe Stapled Trust: Invests EUR50 Million In Stoneweg Icona Data-Centre Fund.

24 Jun 2025 11:00

Stoneweg European Business Trust has made a EUR50 million investment in the Stoneweg Icona data-centre fund. As there will be other investors in IDC Fund, Stoneweg European BT's stake in the fund is expected to range from 4% to 8% depending on the final quantum of investment made by the other investors. The IDC portfolio comprises interests in four early-stage data centre development sites, 225 Ha in total size, located in Ireland, Spain, Italy, and Denmark, with a secured/reserved 1,116 MW of power, with very good visibility for an additional 563MW, for a total 1,679 MW...

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Source: ShareInvestor Express