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CPP Investments and Equinix to acquire atNorth in $4 billion deal
The transaction values the Nordic data centre operator at US$4 billion and includes a US$4.2 billion financing package, as investors position for continued growth in AI and cloud infrastructure demand across Northern Europe.
By João Marques Lima
Founder and Editor, The Tech Capital
5 Mins
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From Left to Right: Eyjólfur Magnús Kristinsson, chief executive of atNorth; Maximilian Biagosch, senior managing director and global head of real assets at CPP Investments; Bruce Owen, president of Equinix EMEA at Equinix.
Canada Pension Plan Investment Board and Equinix (NASDAQ: EQIX) have agreed to acquire Nordic data centre operator atNorth from Partners Group in a transaction valuing the business at US$4 billion on an enterprise value basis.
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