Canada Pension Plan Investment Board (CPP Investments) has reached an agreement with digital infrastructure company Equinix to jointly acquire Nordic data center operator atNorth for $4 billion, including debt. atNorth's current owner, Partners Group (which acquired it in 2022), has committed to repurchasing up to 10% of the shares post-sale. CPP Investments will invest $1.6 billion to acquire a 60% stake. This transaction will strengthen Equinix's data center operations in the Nordic region and enhance CPP Investments' global data center strategic layout (layout).
