SWI Group announced a binding agreement to acquire an additional shareholding in Genesis Digital Assets (GDA), giving the company a majority position in one of the largest privately held digital infrastructure platforms in the United States.
The acquisition expands SWI Group’s digital infrastructure footprint into the U.S. market and increases the group’s combined global capacity to more than 3.6 GW.
Under the agreement, Euronext Amsterdam-listed SWI Group will acquire an additional stake in Genesis Digital Assets, increasing its ownership to a majority position.
GDA owns land with more than 1.3 GW of energized and approved grid connections across 15 facilities, including multiple hyperscaler-grade sites in Texas. The company is being repositioned to support high-performance computing and artificial intelligence workloads.
The transaction expands SWI Group’s existing digital infrastructure portfolio, which includes the 2.3 GW AiOnX European data center platform. AiOnX is developing five hyperscale projects across Ireland, the United Kingdom, Denmark, Spain, and Italy, with portions leased to one of the world’s largest hyperscalers.
Separately, SWI Group has agreed to acquire a majority stake in Polarise, an AI infrastructure provider and NVIDIA Cloud Service Provider that recently launched Germany’s first industrial-scale AI Factory in partnership with Deutsche Telekom and NVIDIA.
Following the transactions, SWI Group said it will offer vertically integrated AI and cloud computing capabilities spanning land, chips, infrastructure, models, and applications.
SWI Group currently manages approximately €10 billion in assets and operates through 26 offices worldwide.
KEY QUOTE:
“The acquisition of a majority shareholding in GDA will significantly expand SWI Group’s digital infrastructure footprint to include the USA, the largest and fastest-growing market for AI and HPC data centers. By aggregating these European and US platforms, the Group is creating a leading global digital infrastructure player offering full, vertically integrated cloud and AI computing capacity across the 5 layers of AI: land, chips, infrastructure, models and applications.”
Max-Hervé George, Founder and Chief Executive Officer of SWI Group
