Sunday, March 17, 2024

Private investors acquire Verne data centers in UK, Iceland, Finland

Ardian, a private investment house, has acquired Verne (formerly Verne Global), a leading data center platform headquartered in the UK and diversified across Northern Europe, from Digital 9 Infrastructure plc (D9). Financial terms were not disclosed.

Verne, established in 2012, operates data centers in central London, Iceland and Finland. The company specializes in high-performance computing (HPC) workloads, including AI, Machine Learning, and Large Language Models (LLM), providing a competitive total cost of ownership, strong green credentials, and exceptional availability. Sustainability is central to Verne's mission, operating with 100% renewable energy in Iceland and 100% decarbonized energy in Finland and the UK.

“Having identified the company through our systemic matrix sourcing approach, looking through both a digital infrastructure and country specific lens, we identified Verne as a truly green data center compared with its peers globally. 
This investment is fully aligned with our approach at Ardian of investing into platforms and delivering strong returns through major industrial strategy backed by an accelerated capex plan.  Ardian will support Verne’s top tier management team to match the incredible and fascinating customer AI-driven demand. With this investment, Ardian Infrastructure is now exposed to the whole digital infrastructure value chain capitalizing on global digitalization trends.” Gonzague Boutry, Managing Director - Digital Infrastructure, Ardian.

“This is an exciting day for Verne as we become part of the Ardian platform. We have ambitious plans to continue growing the company and delivering sustainable data center solutions. We want to enable organizations to cost-effectively scale their digital infrastructure while reducing their environmental impact. We are hugely excited to be working with Ardian to help power our future.” Dominic Ward, CEO, Verne.

https://verneglobal.com/