Infratil Limited conducted an independent valuation of their investment in CDC Data Centres as of December 31, 2022, which indicated an increase in value from the September 30, 2022 valuation.
This increase was due to refinancing of debt facilities, expansion of capacity, and changes to the blended discount rate.
The estimated International Portfolio Annual Incentive Fee for FY2023 is $147.9 million, an increase of $23.6 million since the September 30, 2022 accrual.
Following the announcement, shares of Infratil (ASX:IFT) were up 0.38%.