SWI Group Accelerates Transformation Towards Digital Infrastructure
Singapore and Amsterdam, (ANTARA/PRNewswire) - SWI Capital Holding Ltd (Euronext Amsterdam: SWICH, (“SWI Group”), a listed investment group, today confirmed a strategic transformation that has altered its business direction over the past year: more than 80% of the Group’s capital is now allocated to a transatlantic digital infrastructure platform with a capacity of over 4 GW, a proportion targeted to increase to 90%.
SWI Group confirmed it has completed the previously announced acquisition of more than 70% of the shares in Genesis Digital Assets (GDA), granting it controlling ownership. GDA will subsequently be renamed SWI Digital.
Digital infrastructure now accounts for more than 80% of SWI Group’s capital allocation, with this proportion targeted to gradually increase to over 90%.
SWI Group will develop its own HPC and GPU-as-a-Service platform – the partnership with Polarise has transitioned into a financial cooperation.
SWI Group is targeting double-digit growth by 2026.
Under the leadership of its founders, Max-Hervé George and Jaume Sabater, SWI Group has evolved into a listed investment group that uses its own capital to invest in various high-growth opportunities in private markets, alongside conducting established asset management activities. The Group is accelerating the growth of its investment activities using its own capital, primarily focused on data centres and AI infrastructure, and is targeting double-digit balance sheet growth by 2026.
SWI DIGITAL
With the support of Morgan Stanley & Co LLC as the exclusive financial advisor in this acquisition, SWI Group has acquired, through a series of acquisitions and restructurings, more than 70% of the controlling shares in GDA. The company will be renamed SWI Digital and will serve as SWI Group’s digital infrastructure platform focusing on the US market.
DIGITAL INFRASTRUCTURE DRIVING VALUE CREATION
SWI Group is strategically concentrating its capital allocation on digital infrastructure and has consistently invested in this sector over the last five years to build a portfolio in Europe and the US with a total power capacity of over 4 GW. Currently, more than 80% of SWI Group’s capital is allocated to digital infrastructure, and this proportion is targeted to gradually increase to over 90%. SWI Group’s investment in digital infrastructure rests on two platforms:
AiOnX – SWI’s AI infrastructure platform in Europe, which is developing a portfolio of hyperscale data centre campuses and is ready to support AI in Ireland, the UK, Denmark, Spain, and Italy. One of its locations has been leased by a leading hyperscale tenant.
SWI Digital (GDA) – SWI’s digital infrastructure group focusing on the US market, which possesses a portfolio of land equipped with power supply and connected to the grid, thereby strengthening SWI’s position in the world’s largest and fastest-growing AI capacity and high-performance computing market.
FROM LAND AND POWER SUPPLY TO COMPUTING: HPC AND GPU-AS-A-SERVICE
In addition to possessing land, power supply, and data centre capacity, SWI Group is now expanding its business into the higher-value segment of AI computing. By leveraging a highly experienced internal team and its financial strength, the Group will develop its own AI cloud platform to provide GPU-based computing services for companies, research institutions, and AI developers.
By combining the AiOnX and GDA locations, which already have power supplies, with the Group’s HPC services, SWI is building a vertically integrated digital infrastructure ecosystem. This enables the Group to capture added value at every layer of the AI infrastructure chain.
POLARISE TRANSACTION
Regarding the partnership with Polarise announced earlier this year, both parties have agreed not to proceed with the completion of the transaction as originally planned.
Instead of acquiring a majority stake in Polarise, SWI Group will provide funding to accelerate Polarise’s strategic expansion. Both companies will remain independent and continue to grow with their respective strategies.
STRATEGIC INITIATIVES BEYOND DIGITAL INFRASTRUCTURE
Outside of digital infrastructure, SWI Group maintains a diverse investment portfolio with various sources of returns. These investments include:
Industrial and logistics real estate in Europe through SERT, an investment-grade company listed on the Singapore Exchange;
Multi-unit residential property investment in the US through Varia US, listed on the Swiss SIX Exchange;
Investments increasingly focused on the culture, sports, and entertainment sectors, which SWI Group believes offer attractive investment opportunities before becoming widely targeted by institutional investors;
Opportunistic investment strategies not limited to specific asset classes, leveraging various opportunities identified by the Group across diverse markets, including distressed assets and financial assets.
Max-Hervé George, co-founder and CEO of SWI Group, stated: “Our transformation into a listed investment group gives us the financial strength and flexibility to invest in the trends we believe will shape the coming decade. Digital infrastructure is at the core of that conviction, and the formation of SWI Digital is a significant step that will define the Group’s direction moving forward.”
Jaume Sabater, co-founder of SWI Group and Chief Executive Officer of Stoneweg, added: “The listing on Euronext Amsterdam allows us to focus more on investing our own capital with discipline and based on strong investment convictions. This enables the Group to capture value creation opportunities quickly and at scale. The completion of our controlling stake acquisition in GDA is the most tangible evidence of the application of this strategy to date.”