Arcapita Group Holdings Limited, the global alternative investment firm, has entered a joint venture partnership with Cloud Capital to acquire a 21-megawatt data centre in Minneapolis, Minnesota, with plans to expand its capacity to 31MW.

Cloud Capital is a leading global data centre investment management firm with a diversified portfolio of 26 high-quality data centre assets totalling more than$5.5 billion in assets under management, with long-standing relationships with top-tier tenants in the sector.

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