CPP Investments, Equinix complete US$4 billion atNorth acquisition
EQIX•Acquisition completed
CPP Investments and Equinix completed the USD 4 billion acquisition of Nordic data center operator atNorth.
- CPP Investments will hold about 51% after committing USD 1.3 billion; Equinix will hold about 34% after committing USD 895 million.
- Partners Group re-invested for a 10% stake, committing USD 260 million; remaining equity stays with atNorth internal stakeholders.
AtNorth to operate independently
atNorth will operate independently under its existing brand, backed to accelerate expansion across the Nordics.
The deal includes a USD 4.1 billion financing package to fund the transaction and support growth investment.
