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SB Energy to sell up to $500 million in shares in Japan as part of US IPO

SB Energy to sell up to $500 million in shares in Japan as part of US IPO

By Anton Bridge

- SoftBank Group-backed 9984.T data centre developer SB Energy will sell up to $500 million in shares in Japan as part of a public listing in the U.S., a filing showed on Tuesday.

The funds will be used for general operating costs for developing data centres, power generation and related infrastructure projects, the filing said.


(Reporting by Anton Bridge; Editing by Tom Hogue)

((Anton.Bridge@thomsonreuters.com))

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