Partners Group Invests AUD 1.2 Billion in GreenSquareDC to Drive Next-GenerationHyperscale and AI Infrastructure

Sydney, Australia 6 March 2025 – GreenSquareDC is pleased to announce an up to AUD 1.2 billion investment from Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, to accelerate the development of its Hyperscale and AI Data Center platform across Australia.

Securing the Partners Group backing has resulted in GreenSquareDC acquiring its first Sydney site, a brownfield data center consisting of an existing powered shell and an adjoining landbank, allowing future
expansion to 96MW of compute capacity. The company has also secured sites across Melbourne, and Perth, strategically located in close proximity to critical power infrastructure, combined with strong
domestic fibre connections as well as established and planned subsea cables, providing global reach.

Commenting on the investment, Walt Coulston, Founder & CEO said: “We are excited to work with Partners Group on transforming GreenSquareDC. This significant investment allows us to scale rapidly to help meet the growing demands of the world’s largest technology companies. The industry is evolving rapidly, and our
customers demand speed, certainty, and alignment with their long-term objectives.”

GreenSquareDC is guided by its Five Pillars to Sustainability, with a focus on energy efficiency, responsible resource management, and practical customer aligned sustainability measures. This partnership provides not only the financial and operational support to scale the platform but provides strong environmental and security principles in line with industry best practices.

GreenSquareDC’s design and cooling approach is focused on energy efficiency and water conservation, supporting a broad range of server power densities to meet evolving infrastructure demands.

Nicholas Kuys, Managing Director, Infrastructure Asia, Partners Group, says: “Data centers are on a structural growth path supported by thematic tailwinds, including the increasing use of generative AI, growth in cloud adoption, and the migration of data center workloads to co-location sites. The sector has strong infrastructure characteristics driven by the essentiality of the service, long-term contracts, and significant capital intensity. GreenSquareDC represents an opportunity to back a talented management team in the growing Australian market.”

Partners Group, which has over USD 150 billion in assets under management globally, has a strong track record in developing leading data center platforms, including EdgeCore in the United States and atNorth inthe Nordics. The investment in GreenSquareDC marks Partners Group’s expansion into the Australian data center market, reinforcing the country’s strategic role in supporting global AI and cloud infrastructure growth.

GreenSquareDC was advised on the transaction by Berkeley Advisory (Lead Advisor), RBC Capital Markets (Financial) and Norton Rose Fulbright (Legal).