Superannuation giant Aware Super is set to invest US$300 million to acquire a minority stake in the Asia-Pacific arm of US-based Vantage Data Centers, signaling a push into the booming artificial intelligence infrastructure sector.
Vantage APAC operates ten data centres across Australia, Japan, Taiwan, Malaysia, and Hong Kong, hosting hyperscale cloud providers such as Amazon Web Services, Microsoft, and Google, as well as emerging AI firms.
The funds will support the development of up to 1 gigawatt of additional capacity on already-acquired sites.
This marks Aware’s second major data centre investment following a US$500 million stake in US-based Switch Datacenters in 2023.
The transaction is structured through Skyline JV alongside New York Stock Exchange-listed DigitalBridge and adds to US$1.6 billion Vantage APAC raised last year from global investors including Singapore's GIC and the Abu Dhabi Investment Authority.