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Canada

The Tech Capital Cologix hits $1bn in debt to finance Canadian data centre expansion

North America data centre operator Cologix has closed the issuance of CA$195 million (~US$145 million) in secured notes through a private placement transaction with a syndicate of institutional investors on April 5, 2023, the company said on Wednesday. This transaction represents Cologix’s third asset-backed securitisation since December 2021 and the company’s second se...

April 20

The Tech Capital Equinix to build new Canadian data centre to meet surging industry demand

Digital infrastructure REIT Equinix, Inc. (Nasdaq: EQIX) said it will invest US$50 million in the construction of a new data centre facility in Montreal, Canada. The asset will be deployed in direct answer to soaring demand from local industries such as Visual Effects (VFX), gaming, financial services and aerospace. The new 37,000 square feet of colocation facility is ex...

The Tech Capital EQT, PSP to buy Radius Global Infrastructure in $3 billion cash deal

Radius Global Infrastructure, Inc. (NASDAQ: RADI), EQT, and Public Sector Pension Investment Board (“PSP”) have entered into a definitive agreement under which EQT Active Core Infrastructure and PSP will indirectly acquire Radius for US$15.00 per share in cash, representing a total enterprise value of approximately US$3.0 billion. Pennsylvania-headquartered Radius, whic...

March 02

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