CPP Investments and Equinix acquire atNorth to expand Nordic data center operations

Summary

CPP Investments and Equinix have agreed to acquire atNorth for a US$4 billion enterprise value, supported by a US$4.2 billion financing package. CPP Investments will hold a 60% stake while Equinix will own 40%. The acquisition aims to capitalize on rising demand for data center infrastructure in the Nordics, particularly driven by AI and hyperscale needs.

Recent Coverage

• CPP & Equinix buy Nordic data centre group atNorth

  Data Center News • Feb 27

• Equinix, CPP Investments Confirm $4B Purchase of atNorth

  Data Center Knowledge • Feb 27

• CPP Investments and Equinix join forces to acquire atNorth to further accelerate growth in the Nordics

  PR Newswire • Feb 27

• CPP Investments and Equinix join forces to acquire atNorth to further accelerate growth in the Nordics

  PR Newswire • Feb 27

• Equinix, CPPIB Near $4B Deal for Data Center Firm atNorth – Report

  Data Center Knowledge • Feb 26