In December 2022, DigitalBridge Group and IFM Investors completed an $11 billion acquisition of Switch, the Las Vegas-based data center operator that runs some of the largest digital infrastructure campuses in the United States. The transaction pulled Switch off the New York Stock Exchange and made it a private company owned by infrastructure investment firms… Continue reading Water Cloud Wars
Tag: water
Wallstreet Bets On Nevada Water Rights
In 2022, D.R. Horton — one of the nation’s largest homebuilders — paid $291 million to acquire a 12-employee company operating out of a faux-Mediterranean office park in Carson City. The purchase was not for the staff or the real estate. It was for the water. Vidler Water Company spent two decades buying up remote… Continue reading Wallstreet Bets On Nevada Water Rights
