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EQT To Sell Minority Stake In EdgeConneX To Sixth Avenue

(RTTNews) – EQT Corp. (EQT), a Swedish investment firm, announced on Tuesday that EQT Infrastructure IV and EQT Infrastructure V funds have signed a deal to promote a minority stake in EdgeConneX to funds managed by Sixth Avenue Strong level Lending, Inc. (TSLX).

Upon the completion of the transaction, which is anticipated in the fourth-quarter of 2024, EQT Infrastructure will remain the most necessary shareholder.

EdgeConneX is a provider of recordsdata center means with a spotlight on energy-efficient and sustainable designs optimized for AI and neat-scale cloud deployments.

It has a international footprint of 80 recordsdata products and companies in operation or vogue in over 50 markets all over North The United States, Europe, APAC, and South The United States.

The views and opinions expressed herein are the views and opinions of the creator and fasten now not necessarily replicate these of Nasdaq, Inc.

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