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The latest announcement is out from 3i Infrastructure ( (GB:3IN) ).
3i Infrastructure plc has agreed to invest about €300 million for a majority stake in Lefdal Mine Datacenter, a Norwegian data centre campus with 37 MW in operation and a further 43 MW contracted and under construction. The asset benefits from long-term inflation-linked contracts, low-cost Norwegian power, and energy-efficient underground and seawater cooling technology, with significant capacity still available for future expansion.
The deal, part of a wider roughly €400 million transaction that also includes a small portfolio of operating renewable assets, will be funded from proceeds of the recently announced TCR realisation and the company’s expanded revolving credit facility. Management expects the acquisition to diversify 3i Infrastructure’s portfolio into a new subsector, provide downside protection and earnings growth, and be clearly accretive to the company’s target return, with completion anticipated in summer 2026.
The most recent analyst rating on (GB:3IN) stock is a Buy with a £430.00 price target. To see the full list of analyst forecasts on 3i Infrastructure stock, see the GB:3IN Stock Forecast page.
Spark’s Take on GB:3IN Stock
According to Spark, TipRanks’ AI Analyst, GB:3IN is a Outperform.
The score is driven primarily by strong financial quality (high profitability and low leverage) tempered by material cash flow/earnings volatility. Valuation is supportive with a low P/E and solid dividend yield, while technicals and recent company updates are generally positive.
To see Spark’s full report on GB:3IN stock, click here.
More about 3i Infrastructure
3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company structured as an approved UK investment trust and listed on the London Stock Exchange. It focuses on responsible infrastructure investing, aiming to deliver long-term sustainable returns to shareholders while exerting a positive influence on its portfolio companies and their stakeholders.
Average Trading Volume: 1,163,159
Technical Sentiment Signal: Buy
See more insights into 3IN stock on TipRanks’ Stock Analysis page.