Macquarie Asset Management (MAM) and The Public Sector Pension Investment Board (PSP Investments) have sold their combined 88% interest in AirTrunk to a consortium led by Blackstone. The deal values the hyperscale data centre operator at over AUD24bn (16.13USD). AirTrunk CEO Robin Khuda will also partially cash out his stake. Since MAM and PSP’s acquisition in 2020, AirTrunk expanded from five to 11 data centres across Asia-Pacific, including new locations in Japan and Malaysia, increasing its capacity from 450MW to over 1.8GW. This sale marks a significant valuation growth, reflecting AirTrunk’s expansion and its strategic focus on digital infrastructure critical for cloud services and artificial intelligence.