Canada Pension Plan Investment Board (CPP Investments) and Equinix have completed the acquisition of atNorth, a Nordic high-density colocation and build-to-suit data center provider, for $4 billion.
atNorth’s footprint spans across all five Nordic countries, with eight operational data centers and several new projects under way across the territory. This includes sites under development in Sweden, Finland, Norway and Denmark, alongside expansions to existing sites and a strong portfolio of additional development projects.
The operating portfolio and development pipeline provide atNorth with significant capacity to serve growing demand from global enterprise and hyperscale customers across artificial intelligence (AI), cloud and high-performance computing workloads, supported by advanced cooling technologies, renewable-energy integration and heat reuse solutions.
Following the transaction, atNorth will continue to operate independently under its existing brand,
