Australia’s Aware Super buys stake in European fibre platform to tap AI boom
By JerryPublished On August 27, 2024
Australian pension fund Aware Super said on Tuesday it has acquired a minority stake in London-headquartered bandwidth infrastructure company euNetworks, in a bid to tap into the artificial intelligence boom.
It invested in euNetworks via a vehicle led by global infrastructure and real assets manager Stonepeak, and others including Investment Management Corporation of Ontario and APG Asset Management.