KDCHKansas Department of Commerce and Housing
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The transaction is expected to unlock approximately $121 million in cash for KDCH.
Leveraging Keppel T&T's strong track record in building, managing and operating high-quality data centres, a wholly-owned subsidiary of KDCH will enter into an exclusive lease agreement and facility management agreement with Keppel DC REIT for a period of 10 years as part of the transaction.
On the same day, Keppel Data Centre Almere BV, a wholly-owned subsidiary of KDCH, also signed a binding letter of intent with a major tenant, committing to approximately 40% of the space at Almere Data Centre 2.