AdaniConneX Buys Infra Park for Data Centers for ₹535 Cr

AdaniConneX, a joint venture formed by Adani Enterprises, has completed the acquisition of 100% equity stake in Chandenvalle Infra Park. The purchase was made from Adani Power, costing Rs 535.69 crore.

The primary purpose behind this significant acquisition is to establish robust data center infrastructure facilities. AdaniConneX aims to expand its capabilities in this crucial digital sector through the new assets.

Key Transaction Figures

• Acquiring Entity: AdaniConneX (ACX), a joint venture of Adani Enterprises
• Acquired Company: Chandenvalle Infra Park (CIPL)
• Selling Entity: Adani Power
• Equity Stake: 100%
• Consideration: Rs 535.69 crore (this is the total payment for the acquisition)

Adani Enterprises’ Broader Vision

Adani Enterprises (AEL) serves as the flagship company for the entire Adani Group. Its core operations span integrated resources management, mining services, and various trading activities.

Beyond its established businesses, AEL also functions as an incubator, meaning it initiates and develops new ventures. These new business areas are diverse and target future growth sectors.

• AEL’s Emerging Business Verticals:
• New energy ecosystem development
• Data center operations
• Airport management
• Road infrastructure projects
• Copper production
• Digital space initiatives

This latest move by AdaniConneX underscores Adani Enterprises’ consistent strategy to strengthen its position in the rapidly evolving digital infrastructure landscape. The group remains focused on establishing and growing new, impactful businesses.