Global Market: SB Energy to sell up to $500 million worth of shares to Japanese investors ahead of US IPO

SB Energy, backed by SoftBank, plans to raise up to $500 million from Japanese investors through a share sale as it prepares for a US listing. The data centre developer is also attracting major AI players, including Nvidia and OpenAI, amid surging infrastructure demand.

Global Market: SB Energy to sell up to $500 million worth of shares to Japanese investors ahead of US IPO

Global Market: SB Energy to sell up to $500 million worth of shares to Japanese investors ahead of US IPO

What Happened

SB Energy, backed by SoftBank, plans to raise up to $500 million from Japanese investors through a share sale as it prepares for a US listing. The data centre developer is also attracting major AI players, including Nvidia and OpenAI, amid surging infrastructure demand.

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Original reporting provided by Economic Times Markets.

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