AirTrunk acquired Lumina CloudInfra in an internal Blackstone consolidation. Both are portfolio companies—the deal folds Lumina into AirTrunk rather than finding a third party suitor.
AirTrunk gains 600 megawatts of planned capacity across Mumbai, Chennai, and Hyderabad—up to $5 billion in development potential. Post-acquisition, AirTrunk scales to over 3GW across 20 campuses in six regions: Australia, Singapore, Japan, Malaysia, Hong Kong, and India.
Blackstone launched Lumina in 2022 as a standalone India hyperscale platform. AirTrunk, acquired for A$24 billion in December 2024, is Asia-Pacific’s largest independent data center operator. Merging them gives AirTrunk ready India infrastructure—land, contracts, local operational muscle—without buying a competitor.
Indian data center demand is spiking: cloud adoption, data localization rules, and the government’s IndiaAI Mission driving sovereign AI capability. The deal combines AirTrunk’s global hyperscale reach with Lumina’s local execution strength.
Backed by Blackstone and Canada Pension Plan Investment Board capital. Signals conviction in digital infrastructure across Asia-Pacific’s fastest-growing economies.
