Spark New Zealand Ltd

SPK: XASX (AUS)

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Spark New Zealand: Sells 75% of Data Center Field of Dreams

Brian Han

Aug 12, 2025

Spark New Zealand has agreed to sell a 75% interest in its data center portfolio to Pacific Equity Partners. The deal values the asset at a base enterprise value of NZD 575 million (22.9 times pro forma EBITDA), increasing to NZD 705 million on achieving earn-out targets (30.8 times EBITDA).

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Spark New Zealand Ltd

Spark New Zealand: Sells 75% of Data Center Field of Dreams

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