AdaniConneX to buy Vizag data centre park for ₹1,085.51 crore
In short
AdaniConneX has signed a deal to buy Vizag Mega Data Center Park Limited for ₹1,085.51 crore. The transaction is expected to close by November 10.
The deal gives the Adani Enterprises joint venture full ownership of the data centre park.
What the reporting says
AdaniConneX has signed an agreement to acquire Vizag Mega Data Center Park Limited for ₹1,085.51 crore, with the deal expected to close by November 10. The reported transaction gives the Adani Enterprises joint venture a 100% stake in the asset. The source does not add further terms beyond the price and expected closing date.
Why it matters
AdaniConneX has agreed to acquire Vizag Mega Data Center Park Limited for ₹1,085.51 crore, with closing expected by November 10. The transaction gives the Adani Enterprises joint venture full control of the data centre park. The brief matters for Adani-linked infrastructure and data centre assets, and it may affect market views on the group’s digital infrastructure push.