The Sustainable Digital Infrastructure Alliance (SDIA) has partnered with Triple Point Investment Management, an Investment Manager for Digital 9 Infrastructure (D9), a London Stock Exchange (LSE) listed investment trust.
Triple Point is a UK-based Investment Manager with over GBP2 billion under management and employs over 150 people. Since 2004, Triple Point has been active in areas such as energy efficiency, social housing, and digital infrastructure, unlocking investment opportunities that make a difference. Each of Triple Point’s strategies looks to solve societal challenges, and each creates opportunities for investors.
D9 is an investment trust, listed on the London Stock Exchange, managed by Triple Point. D9 invests in digital infrastructure – the infrastructure of the internet – across subsea and terrestrial fibre, data centres and wireless networks. The 9 in D9 comes from the UN Sustainable Development Goal 9, which aims to improve connectivity globally, reducing the digital divide, and investing in digital infrastructure in an environmentally sustainable manner. A fast and reliable internet connection is increasingly seen as a twenty first century human right and a necessity for economic growth and development. For Triple Point, being a part of SDIA reinforces D9’s ambitions.
After its IPO in March, D9 in April acquired Aqua Comms, the leading Atlantic owner and operator of subsea fibre. Some 98 per cent of the world’s international internet data flows through subsea cables, making them the backbone of the global internet.
In June, D9 announced a new subsea and terrestrial fibre system, EMIC-1, in partnership with large tech, between Europe, the Middle East and India. EMIC-1 will dramatically improve connectivity to Asia, the continent with the fastest internet demand growth.
In September, D9 announced the acquisition of Verne Global, a Nordic data centre platform. Verne Global is powered by 100 per cent renewable energy, coming from hydroelectric and geothermal power.
Established in 2019, SDIA is a non-profit network of more than 65 organisations working to catalyse the transition to sustainable digital infrastructure, aligning all actors of the digital ecosystem on the mission of addressing greenhouse gas emissions, resource consumption, pollution, and other key metrics across the global digital economy and realising their Roadmap to Sustainable Digital Infrastructure by 2030.
Max Schulze, SDIA’s Executive Chairman, says: “Triple Point’s expertise in developing sustainable digital infrastructure is highly valued and crucial to our goals.”
Thor Johnsen, Triple Point’s Head of Digital Infrastructure, says: “The demands on digital infrastructure are rising exponentially, as more of the world joins the internet, using more devices, with greater processing power. Investing in resilient digital infrastructure is crucial to driving our interconnected world, underpinning economic growth and sustainable development.
“For society to meet essential decarbonisation goals, it is vital we look for ways to shift energy consumptive activities to areas of surplus renewable energy. At the heart of D9’s investment thesis are the dual considerations of digital inclusion and environmental impact. We value the opportunity to engage and collaborate with others to address these challenges and through our partnership with SDIA, we are committed to aligning with best practices in sustainability as provided by the Alliance and in particular its Roadmap.”
