Rogers today announced it has entered into a definitive agreement with InfraRed Capital Partners to sell its portfolio of nine Rogers Business data centres.
Rogers will continue to sell data centre services on behalf of InfraRed and will provide network connectivity to the data centres.
InfraRed is part of Sun Life, a leading Canadian-based financial services company, and is an experienced digital infrastructure owner. Both organizations will work to ensure a seamless transition for Rogers Business customers.
The transaction is part of Rogers planned sale of real estate and non-core assets. Rogers intends to use the net proceeds from the transaction to repay debt. The transaction is expected to close by year end 2025, subject to customary closing conditions and regulatory approval.
The transaction does not include Rogers corporate data centres used for the company’s network and IT purposes.
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This entry was posted on August 14, 2025 at 10:02 am and is filed under Commentary with tags Rogers. You can follow any responses to this entry through the RSS 2.0 feed.
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Rogers enters into definitive agreement to sell portfolio of data centres
Rogers today announced it has entered into a definitive agreement with InfraRed Capital Partners to sell its portfolio of nine Rogers Business data centres.
Rogers will continue to sell data centre services on behalf of InfraRed and will provide network connectivity to the data centres.
InfraRed is part of Sun Life, a leading Canadian-based financial services company, and is an experienced digital infrastructure owner. Both organizations will work to ensure a seamless transition for Rogers Business customers.
The transaction is part of Rogers planned sale of real estate and non-core assets. Rogers intends to use the net proceeds from the transaction to repay debt. The transaction is expected to close by year end 2025, subject to customary closing conditions and regulatory approval.
The transaction does not include Rogers corporate data centres used for the company’s network and IT purposes.
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This entry was posted on August 14, 2025 at 10:02 am and is filed under Commentary with tags Rogers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.