Cardinal Infrastructure plans US listing amid rising capex and data centre demand

Cardinal Infrastructure is planning a $240 million US IPO, aiming to capitalise on sustained infrastructure spending and data centre construction demand.

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5 days ago

Cardinal Infrastructure plans US listing amid rising capex and data centre demand

Cardinal Infrastructure plans US listing amid rising capex and data centre demand
Cardinal Infrastructure is slated to enter US public markets with an indicative deal size of around $240 million. The company operates in infrastructure and engineering services and is positioned to benefit from rising public-sector capex, transportation upgrades, and data centre-related construction demand. The offering comes as infrastructure investment remains a key theme across US industrial markets.
Companies:
  • Cardinal Infrastructure
Tags:
  • ipo
  • cardinal infrastructure