Major contract wins for Hudson Interxchange
Cordiant Digital Infrastructure Ltd
28 July 2026
28 July 2026
LEI: 213800T8RBBWZQ7FTF84
Cordiant Digital Infrastructure Limited
Major contract wins for Hudson Interxchange
Cordiant Digital Infrastructure Limited (the Company), the FTSE 250 specialist investor in and operator of digital infrastructure, is pleased to announce that its US data centre, Hudson Interxchange (Hudson), has signed a major new customer contract and received an expansion order from an existing customer. Taken together, these new contracts are expected to bring Hudson significantly closer to breakeven once fully deployed. Hudson continues to see interest in its remaining capacity from existing and prospective customers.
The new customer contract, covering a period of five years and linked to inflation, is with a specialist provider of high-density GPU cloud computing infrastructure supporting AI workloads. The contract covers 1.8MW of capacity at Hudson's facility at 60 Hudson Street, New York, with the customer holding a right of first refusal over a further 2MW of capacity.
Billing under the contract is expected to commence from September 2026 on an initial 450kW deployment of high-density racks, with the remaining 1.35MW scheduled for delivery by the end of 2026. To support this pre-sold capacity, Hudson is planning to commence construction of the final two data halls on the sixth floor at 60 Hudson Street, building on the two new data halls that are nearing completion.
These agreements underpin the continued build-out of Hudson's sixth floor, which is served by 5MW of utility power, of which 3.5MW represents saleable IT load capacity. Prior to the agreements announced today, approximately 0.9MW of that capacity was contracted, including the first data hall on the floor, which sold out in 2025. The new contract, together with the expansion order, takes total contracted IT capacity on the floor to approximately 2.8MW, or c.80% of saleable capacity, leaving a limited balance of premium, high-density capacity available to meet further customer demand.
Atul Roy, Interim Chief Executive Officer of Hudson and Head of Telecoms Strategy at Cordiant Digital Infrastructure Management, commented:
"This contract win is an important milestone for Hudson. It validates our strategy of investing in high-density capacity at 60 Hudson Street, the most interconnected commercial building in New York, to serve rapidly growing demand for AI and high-performance computing. With billing commencing in September and full deployment expected by December, this agreement, together with continued expansion from our existing customers, brings Hudson significantly closer to breakeven and lays the foundation for the next phase of the company's growth."
For further information, please visit www.cordiantdigitaltrust.com or contact:
|
Cordiant Capital Inc (Investment Manager)
Cordiant Digital Infrastructure Management LLP Stephen Foss |
+44 (0)20 3814 5939 CordiantDigitalTrust@cordiantcap.com |
|
Aztec Financial Services (Guernsey) Limited (Company secretary and administrator)
|
+44 (0)1481 749 700 cord@aztecgroup.co.uk |
|
Investec Bank plc (Joint corporate broker) Lucy Lewis Tom Skinner |
+44 (0)20 7597 4000 |
|
Deutsche Numis (Joint corporate broker) Hugh Jonathan George Shiel
|
+44 (0)20 7260 1000 |
|
Celicourt (Financial communications adviser) Philip Dennis Charles Denley-Myerson
|
+44 (0)20 7770 6424 CDI@celicourt.uk |
Notes to editors:
About Hudson Interxchange (Hudson)
Hudson is an interconnect data centre in the United States, operating in the most interconnected facility in one of the most interconnected cities on the planet. Customers are typically blue-chip carriers, internet companies, media firms and software as a service (SaaS) providers, among others. Contracted space is generally at premium prices, under long-term leases, across multiple customers.
Hudson is located at 60 Hudson Street, considered the most interconnected commercial facility in New York, with over 300 carriers collocated in the building.
Hudson occupies or has potential access to c.290,000sq ft of building space, based around four floors and critical infrastructure, including electrical switchgear and generators. Hudson owns its own power infrastructure in the building, with a direct feed from the utility provider giving access to 15MW of power, and has a roadmap to deliver more than 10MW of total IT capacity at the site. The platform has the potential to become the pre-eminent player at 60 Hudson Street.
Interconnect data centres are critical infrastructure that represent a 'digital crossroads', offering customers an essential service at a premium to traditional colocation services. These essential services include directly linking users to reduce network latency and improving load balancing across user networks. The density of these interconnects becomes a competitive barrier to entry.
About the Company
Cordiant Digital Infrastructure Limited primarily invests in the core infrastructure of the digital economy: data centres; fibre-optic networks; telecommunications and broadcast towers - in Europe and North America. Further details about the Company can be found on its website at www.cordiantdigitaltrust.com.
The Company is a sector-focused specialist owner and operator of digital infrastructure, listed on the London Stock Exchange under the ticker CORD, and is a constituent of the FTSE 250. In total, the Company has successfully raised £795 million in equity, along with a €375 million debt package, comprising a €200 million Eurobond and €175 million of capex and revolving facilities, deploying capital into six acquisitions: CRA, Hudson, Emitel, Speed Fibre, Belgian Tower Company and Datacentre United, which together offer stable, often index-linked income and the opportunity for growth, in line with the Company's Buy, Build & Grow model.
About the Investment Manager
Cordiant Capital Inc, the Investment Manager appointed by the Company, is a sector specialist investor focused on middle-market 'Infrastructure 2.0' platforms in digital infrastructure, energy transition infrastructure and the agriculture value chain.
The Investment Manager's digital infrastructure team, Cordiant Digital Infrastructure Management, or CDIM, was co‑founded by Steven Marshall, who chairs all the major portfolio companies. The team consists of 21 professionals who bring considerable hands-on investing and operating expertise to its investment approach. This investing strategy can be summarised as acquiring and expanding cash‑flowing digital infrastructure platforms across Europe, North America, Australia and New Zealand.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
ENDRNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.