Facility offers low latency services

It will use the funding to develop its portfolio

Potential sites already identified

New developments not keeping pace with the market

It will be Korea's second 1GW complex

Company gets permission to connect to the grid

Company plans further infrastructure investments

Fourth securitization since 2021

Site will eventually house small modular nuclear reactors

The funding round could help the company settle on a valuation

The provider is working with academics to develop machine learning algorithms that could boost efficiency and cut costs

A public listing would raise cash to fund the provider's international expansion plans

After talk of an IPO fizzled out, it looks like the data center operator could be sold instead

The stricken provider's assets will be merged with Brookfield's Evoque colo business.