Manulife Investment Management, on behalf of Manulife Infrastructure Fund II* and its affiliates, is pleased to announce that it has completed the acquisition of a controlling interest in Serverfarm, a leading provider of data center development. This strategic move is aimed at expanding Manulife's presence in the rapidly growing data center industry.
The acquisition of Serverfarm aligns with Manulife Investment Management's focus on investing in infrastructure assets with stable cash flows and long-term growth potential. With this investment, Manulife aims to capitalize on the increasing demand for data centers driven by the growth of cloud computing, big data, and digital transformation across various industries.
Serverfarm is known for its expertise in developing and managing highly efficient data centers that provide reliable and secure infrastructure solutions to its clients. The company's strong track record and commitment to sustainability make it an attractive asset for Manulife Investment Management, which places great importance on environmental, social, and governance (ESG) factors in its investment decisions.
The completion of this acquisition further strengthens Manulife Investment Management's position as a leading player in the infrastructure investment space. With a diversified portfolio of infrastructure assets, including toll roads, renewable energy projects, and now data centers, Manulife is well-positioned to deliver attractive returns to its investors while contributing to the development of critical infrastructure globally.
In a press release, Manulife Investment Management highlighted the strategic importance of the Serverfarm acquisition and its alignment with the company's long-term investment objectives. This move reflects Manulife's commitment to identifying and capitalizing on opportunities in high-growth sectors and underscores its confidence in the future prospects of the data center industry.
The data center industry has experienced significant growth in recent years, driven by the increasing reliance on digital technologies and the need for robust infrastructure to support data storage and processing. As more businesses embrace digital transformation, the demand for data centers is expected to continue rising, presenting attractive investment opportunities for companies like Manulife Investment Management.
Manulife's investment in Serverfarm also underscores the company's commitment to sustainability. The data center industry has faced scrutiny for its energy consumption and environmental impact. However, Serverfarm has a strong focus on energy efficiency, utilizing advanced technologies and design principles to reduce its carbon footprint. By investing in Serverfarm, Manulife is supporting sustainable infrastructure development and contributing to the transition towards a low-carbon economy.
Overall, Manulife Investment Management's acquisition of a controlling interest in Serverfarm signifies the company's strategic expansion into the data center industry. With its focus on long-term growth and commitment to sustainability, Manulife is well-positioned to capitalize on the increasing demand for data centers and deliver value to its investors.
This article is sponsored by Manulife Investment Management. Eric Cooperström, managing director for impact investing and natural climate solutions, shares insights on the importance of sustainable infrastructure investments in driving positive environmental and social outcomes.
