3iN plc - completion of investment in LMD

Summary by AI BETAClose X

3i Infrastructure plc has completed its investment of approximately €263 million in Lefdal Mine Datacenter, a Norwegian data centre campus with renewable assets. This transaction, which closed on August 28, 2026, involved acquiring a majority stake from a fund managed by Columbia Threadneedle Investments, with the largest investor reinvesting. An additional stake was acquired on September 2, 2026, funded by third-party co-investors managed by 3i. Following these acquisitions, 3i manages 90% of Lefdal Mine Datacenter's equity, with 3i Infrastructure holding just over 45% and third-party co-investors holding approximately 45%, while the existing minority investor retains 10%. Furthermore, 3i Infrastructure has committed an additional €19 million, matched by third-party co-investors, for available funding.

Disclaimer*

3i Infrastructure PLC
03 September 2026
 

 

 

3i Infrastructure plc completes investment in the Lefdal Mine Datacenter campus

 

03 September 2026

 

 

3i Infrastructure plc ("3i Infrastructure" or the "Company") has completed its c.€263 million investment in Lefdal Mine Datacenter ("LMD"), a highly efficient Norwegian data centre campus with significant growth potential. As previously announced, the transaction includes a small portfolio of operating renewable assets.

 

The initial investment in LMD was announced on 11 March 2026 and completed on 28 August 2026. A majority stake was acquired from a fund managed by Columbia Threadneedle Investments. The largest investor in that fund reinvested alongside 3i Infrastructure.

 

A further stake in LMD was acquired from a minority investor at a price in line with the terms of the initial investment. This additional investment completed on 2 September 2026 and was funded by new third-party co-investors managed by 3i Investments plc ("3i"), the Company's Investment Manager.

 

Following completion, 3i manages 90% of the equity in LMD. Of this, 3i Infrastructure holds just over 45%, and third-party co-investors managed by 3i hold approximately 45%. The existing minority investor elected to retain 10% in LMD.

 

In addition, 3i Infrastructure has committed a further €19 million of available funding alongside the same amount from third-party co-investors.

 

-Ends-

 

For information, please contact:

 

Thomas Fodor

Shareholder enquiries

+44 20 7975 3469

Kathryn van der Kroft

Media enquiries

+44 20 7975 3021

 

 

About 3i Infrastructure plc

 

3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company, an approved UK Investment Trust, listed on the London Stock Exchange and regulated by the Jersey Financial Services Commission. The Company's purpose is to invest responsibly in infrastructure, delivering long-term sustainable returns to shareholders and having a positive influence on its portfolio companies and their stakeholders.

 

3i Investments plc, a wholly owned subsidiary of 3i Group plc, is authorised and regulated in the UK by the Financial Conduct Authority and is the investment manager of 3i Infrastructure plc.

 

This press release is not for distribution (directly or indirectly) in or to the United States, Canada, Australia, or Japan and is not an offer of securities for sale in or into the United States, Canada, Australia or Japan.  Securities may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended (the 'Securities Act'), or an exemption from registration under the Securities Act. Any public offering to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and will contain detailed information about 3i Group plc, 3i Infrastructure plc and management, as applicable, as well as financial statements.  No public offering in the United States is currently contemplated.

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