SB Energy Corp., a digital infrastructure company backed by SoftBank Group Corp., announced plans to file a confidential draft registration statement for a proposed US initial public offering. The move signals growing investor appetite for data center and digital infrastructure assets amid surging cloud computing demand.

The confidential filing approach allows the company to explore public market interest while keeping financial details private until closer to the actual offering. SB Energy operates in the digital infrastructure space, which has attracted significant capital as businesses accelerate cloud adoption and data consumption grows exponentially.

SoftBank's backing provides the firm with substantial resources and credibility in the competitive infrastructure market. A US listing would give SB Energy access to deeper capital markets and broader investor base, potentially funding expansion in the lucrative data center sector that has seen strong valuations recently.