CPP Investments commits $1 billion to a data-centre joint venture with India-based CtrlS, according to reporting from Canadian outlets. The arrangement sets ownership at 48 per cent for CPP Investments and 52 per cent for CtrlS. The partnership focuses on building and operating data-centre infrastructure in India, with the investment intended to support expansion of capacity in the market. The sources describe the commitment as a partnership rather than a full acquisition, with each company holding a controlling majority stake for CtrlS and a substantial minority position for CPP Investments. The reporting does not provide additional deal terms such as project locations, timelines, or total expected investment beyond CPP’s $1 billion commitment. Overall, the coverage emphasizes the size of CPP’s contribution and the stated equity split in the joint venture.
CPP Investments commits $1 billion to data-centre partnership with India’s CtrlS
CPP Investments commits $1 billion to a data-centre joint venture with India-based CtrlS, according to reporting from Canadian outlets. The arrangement sets ownership at 48 per cent for CPP Investment...
- CPP Investments commits $1 billion to a data-centre joint venture with CtrlS in India.
- The joint venture ownership is set at 48% for CPP Investments and 52% for CtrlS.
- The deal is structured as a partnership rather than an acquisition.
- The reporting focuses on data-centre infrastructure development in India.
CPP will hold a 48 per cent stake in the joint venture, while CtrlS will own the remaining 52 per cent
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