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CPP Investments, Pacific Asset to co-invest $170m in South Korea data centre

The parties claim the facility will be the largest in country which has bare witness to a wave of investment in the past few months.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

March 22, 2022 | 2:24 AM GMT

Canada Pension Plan Investment Board (CPP Investments) and Pacific Asset Management Company (Pacific) have entered into a a KRW 200 billion (C$214.3 million; US$170.49 million) joint venture to develop what the companies claim will be the largest hyperscale data centre in South Korea.

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João Marques Lima

Founder and Editor, The Tech Capital

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