Spark finalises sale of 75% of data centre business to PEP
New Zealand operator Spark confirmed it has completed the sale of a 75 percent interest in its data centre business to Pacific Equity Partners (PEP). Spark's data centre assets and operations have now transferred over to a new stand-alone company, called TenPeaks Data Centres, with Spark holding two seats on the board. Spark CEO, Jolie Hodson, and CFO, Stewart Taylor, have been appointed as non-executive directors alongside Andrew Charlier, Evan Hattersley, and Michael Bendeli from PEP's Secure Assets Fund