Gulf Development (SET:GULF) established Gulf Edge Data Center, which will focus on expanding data center investments, according to a Wednesday Thailand bourse filing.
The new unit will focus on investing in companies developing and providing data center solutions and support services for data center operations.
The subsidiary will invest in a 70% stake in the Gulf Edge Data Center 01 project.
The energy and infrastructure company currently has data center investments of around 70 megawatts through GSA Holdings, in which it has an indirect 40% stake.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments