Conapto Issues Bonds to Expand AI-Ready Data Centers
Conapto has issued SEK 500 million in senior secured bonds to accelerate the growth of its AI-ready, sustainable data center infrastructure. The bond issuance, which was met with strong demand from institutional investors, underscores the market's confidence in Conapto's business plan and its role in the evolving digital infrastructure landscape.
The funds will be used to refinance existing bank debt and invest in Conapto's fourth data center, designed to support high-density workloads and liquid cooling. This move positions Conapto to meet the increasing demand for AI infrastructure in Sweden and the Nordics, offering scalable and flexible data center colocation solutions.
Conapto's data centers, powered by 100% renewable energy, also contribute to Stockholm's district heating network by reusing excess heat to warm homes and buildings. The bonds, with a tenor of three years, are expected to be listed on Nasdaq Stockholm and Nasdaq Transfer Market within the coming months.
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