Canada’s CPP Investments is set to invest up to ₹7,000 crore in Hyderabad-based CtrlS Datacenters, according to multiple reports. The investment includes CPP Investments acquiring an 8.2% stake in CtrlS for ₹4,000 crore. The remaining ₹3,000 crore is earmarked for a new joint venture with CtrlS, aimed at developing hyperscale data centre campuses across India. The companies frame the move as part of ongoing growth in India’s data centre and digital infrastructure sector, where demand is driven by cloud adoption and the need for AI-ready infrastructure. The joint venture is described as facilitating the creation of hyperscale campuses nationwide, aligning with longer-term capacity-building needs. Both sources describe the investment structure—stake purchase plus a separate joint-venture funding component—while providing the same total amount and equity percentage. The reports do not specify additional financial terms, timeline milestones, or the number and location of campuses to be built.
CPP Investments to invest ₹7,000 crore in Hyderabad’s CtrlS for data centre expansion
Canada’s CPP Investments is set to invest up to ₹7,000 crore in Hyderabad-based CtrlS Datacenters, according to multiple reports. The investment includes CPP Investments acquiring an 8.2% stake in Ctr...
- CPP Investments will invest up to ₹7,000 crore in Hyderabad-based CtrlS Datacenters.
- CPP Investments will acquire an 8.2% stake in CtrlS for ₹4,000 crore.
- CPP Investments will also invest ₹3,000 crore in a new joint venture with CtrlS.
- The joint venture is intended to develop hyperscale data centre campuses across India.
- The investment is linked to growing demand for cloud and hyperscale data centre infrastructure.
Canadian Pension Plan Investment Board is injecting up to ₹7,000 crore into CtrlS Datacenters, acquiring an 8.2% stake for ₹4,000 crore. This significant investment fuels India's booming digital infrastructure, driven by escalating demand for cloud, hyperscale, and AI-ready data centers. A joint venture will also develop new hyperscale campuses across the nation.
2 months agoCPP Investments will acquire a 8.2% stake in CtrlS for ₹4,000 crore as well as invest ₹3,000 crore in a new joint venture with the Hyderabad-based company to develop hyperscale data centre campuses across India
2 months ago
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