CPP Investments is committing up to $1 billion to a new Indian data centre partnership with CtrlS Datacenters, expanding its digital infrastructure footprint in one of the world’s fastest-growing data economies. The Toronto-based investment manager will invest $588 million to acquire an 8.2 percent stake in CtrlS, and up to $441 million into a joint venture to develop hyperscale campuses across India.
CPP Investments will hold 48 percent of the venture, with CtrlS owning 52 percent. The partnership targets demand from hyperscalers, cloud providers, AI applications, and enterprises as India’s digital economy scales and data infrastructure needs substantially accelerate ahead.
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