Report: Welsh data center NGD up for sale in £200m deal
.jpg)
According to the Telegraph, Legal and General (L&G) a fund manager with around £1 trillion in assets is interested in buying data center firm, Next Generation Data (NGD).
NGD runs a 750,000 square foot colocation facility in Newport, South Wales. It is currently owned by French investment firm InfraVia.
Both Legal & General and InfraVia declined to comment on the rumor.
The Telegraph’s sources suggest the deal is part of the British investment firm’s push into the tech sector with an eye on smart city projects in the UK.
If true, L&G could be making its second venture into data centers, after buying a 50 percent stake in Kao, a £230 million ($282m) data center in Harlow.
When L&G announced the investment in Kao, Kerrigan Procter, CEO of L&G said: “With a focus on creating thriving cities, Legal & General looks to make investments that are focused on creating sustainable communities with good employment opportunities, high quality and varied housing in a digitally-connected and clean environment.
“We believe that data centers are an integral part of a city’s digital transformation, enabling connections to a broader digital infrastructure and offering synergies across our wider Future Cities investment strategy.”
The NGD facility, originally built as an electronics factory, was bought by InfraVia in 2016 for £100 million ($122m). If it turns out to have sold the property, it could be that the French company may be rearranging its assets, as this sale would come just a month after InfraVia sold off shares in Irish telecom company Cignal. The Irish company sold for €210 million ($230m) after being acquired by Spanish telecom firm, Cellnex.
NGD’s Newport data center was opened in 2010 inside an impressive building designed as a semiconductor plant. It started as a government initiative with Korean electronics company LG to boost the local economy in the late 1990s, which was later referred to as a "white elephant".
LG and the Welsh Government had invested a total of £133m ($163m) in the LG factory, which never opened, before selling the building, to NGD.
As a bonus, the site also sources its power from the giant Welsh Dynorwig hydroelectric plant.
The facility provides out-of-town data center space for some of the world’s largest digital tech companies, including the likes of BT and IBM. In September, Oracle announced a cloud region based in Newport - presumably based in the NGD facility - as part of a cloud expansion.
source datacenterdynamics
Industry: Data Centre / Data Center

Latest Jobs
-
- Cloud Architect- German Speaker
- Hungary
- Upto €48000 per year + bonus + benefits
-
As a Senior Pre-Sales Solutions Architect, you will play a pivotal role in driving our sales success by translating complex technical solutions into compelling proposals that resonate with our clients. You will collaborate closely with our sales teams to understand customer needs, design tailored solutions, and negotiate successful deals. Responsibilities: Solution Design: Develop comprehensive technical solutions that align with customer business objectives and industry best practices. Proposal Development: Create compelling proposals, including requirements gathering questionnaires, presentation materials, and Statements of Work (SOWs). Customer Engagement: Build strong relationships with clients, understanding their technical, business, and commercial requirements. Collaboration: Work closely with sales teams, delivery teams, and third-party partners to ensure successful project execution. Pricing Strategy: Define and deliver pricing strategies that align with customer needs and company objectives. Requirements: Experience in technical pre-sales or sales support roles. Proven track record in designing and delivering successful customer solutions. Strong technical foundation in areas such as VMware, Azure, AWS, cloud computing, and data center technologies. Excellent understanding of sales principles, account management, and negotiation techniques. Ability to explain complex technical concepts clearly and concisely. Experience working in international teams and supporting clients across multiple regions. Fluency in German and English is essential. Benefits: Competitive salary and benefits package Opportunity to work on challenging and rewarding projects Collaborative and supportive work environment Potential for career growth and advancement Please note that this role is focused on supporting German clients, but will also involve global client support as needed.
-
- Director Cyber Security Consulting Medical / Biotech / Biopharma. United Kingdom
- United Kingdom
- Generous salary, uncapped bonus, travel and usual benefits.
-
CH8431 Director Cyber Security Consulting Medical / Biotech / Biopharma. United Kingdom Looking to make Security Partner within 2-3 years? Do you have current experience selling / delivering cyber consulting & advisory services into Medical / Biotech / Biopharma? If so, we would like to speak with you. Apply today for a discreet conversation. This is a UK based opportunity. Current Cyber security consulting experience is essential, as is a network into the Pharmaceutical / Healthcare industry. Package- Generous salary, uncapped bonus, travel and usual benefits. 07884666351 | chris.holt@dclsearch.com
-
- Director Cyber Security Consulting Pharmaceutical / Healthcare. United Kingdom
- United Kingdom
- Generous salary, uncapped bonus, travel and usual benefits.
-
CH8430 Director Cyber Security Consulting Pharmaceutical / Healthcare. United Kingdom Looking to make Security Partner within 2-3 years? Do you have current experience selling / delivering cyber consulting & advisory services into Pharmaceutical / Healthcare? If so, we would like to speak with you. Apply today for a discreet conversation. This is a UK based opportunity. Current Cyber security consulting experience is essential, as is a network into the Pharmaceutical / Healthcare industry. Package- Generous salary, uncapped bonus, travel and usual benefits. 07884666351 | chris.holt@dclsearch.com
-
- Privileged Access Management (PAM) Specialist
- Germany
- upto €700 per day
-
We are looking for a Privileged Access Management (PAM) specialist to help us redesign our customer's administration environment and implement a PAM tool. The project is divided into two phases: a rough concept phase and a detailed concept phase. We need someone with deep knowledge of ITIL V4, product provisioning, automation, and standardization, as well as good knowledge of the cloud environment, Enterprise Vault, requirements documentation, and analysis. We also need someone with strong communication and team skills Ideally you will have experience with CyberArk, we do require someone who is fluent in German for this contract