Equinix and Canadian Pension Fund Acquire atNorth in $4B AI Bet


Equinix and Canadian Pension Fund Acquire atNorth in $4B AI Bet

equinix.com logo📅 - Equinix have and Canada Pension Plan Investment Board (CPP Investments) have agreed to acquire Nordic data center operator atNorth from Partners Group in a transaction valuing the business at US$4 billion. The acquisition, announced this week and subject to regulatory approvals and customary closing conditions, underscores accelerating institutional and enterprise demand for AI-ready infrastructure across Northern Europe and signals continued consolidation in the high-density data center market.

Under the terms of the agreement, CPP Investments will commit approximately US$1.6 billion for a controlling 60% stake, while Equinix will hold the remaining 40%. The partners have provisionally [...][... Check source for end of article ...]
Tags: Data Center

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Company: Equinix.com

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