CPP Investments and Equinix Acquire atNorth
February 27, 2026
Canada Pension Plan Investment Board (CPP Investments) and Equinix have entered into a joint agreement to acquire Nordic data center operator atNorth from Partners Group in a deal valued at about US$4 billion. CPP Investments will invest about US$1.6 billion for a 60% controlling stake while Equinix will hold about 40%, with the transaction subject to customary regulatory closing conditions.
- Buyers
- Canada Pension Plan Investment Board (CPP Investments), Equinix, Inc., Partners Group (re-investing for ~10% stake post-close)
- Targets
- atNorth (atNorth Holding AB)
- Sellers
- Partners Group
- Industry
- Infrastructure
- Location
- Iceland
- Transaction Type
- Buyout
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