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LONDON - Digital 9 Infrastructure PLC (DGI9) has completed the sale of its SeaEdge UK1 data center and subsea fiber landing station to Stellium Datacenters Limited for £10.7 million, the company announced Wednesday.
The transaction, which includes payment of deferred rent, is broadly in line with the asset’s December 31, 2024 net asset value. After deducting transaction costs, the net proceeds of £10.3 million will be used alongside working capital to fully repay the company’s remaining £13 million Revolving Credit Facility balance.
This sale concludes the realisation process previously outlined to investors and follows a competitive bidding process with multiple interested parties. The transaction represents the final step in DGI9’s deleveraging initiative that began in 2024, following earlier divestments of Verne Global on March 15, 2024, and EMIC-1 on May 28, 2025.
The SeaEdge facility is located on a data center campus in Newcastle where Stellium operates.
According to the press release statement, the company’s board and investment manager will continue executing an orderly managed wind-down, focusing on returning capital to shareholders from remaining portfolio divestments while maximizing the value of investments still under the company’s ownership.
Digital 9 Infrastructure is listed on the London Stock Exchange (LON:LSEG) and is a constituent of the FTSE All-Share index. InfraRed Capital Partners (WA:CPAP) serves as the investment manager overseeing the company’s wind-down process.
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