Canada Pension Plan Investment Board has plans to invest $1.75 billion to support EQT’s strategy to build artificial intelligence (AI) infrastructure, led by global data center developer and operator EdgeConneX.
“Demand for digital infrastructure continues to accelerate globally, fueled by continued cloud and artificial intelligence adoption,” said Max Biagosch, senior managing director and global head of real assets at CPP Investments. “Through this investment alongside EQT, we are increasing our exposure to a sector supported by durable, long-term demand drivers. EdgeConneX’s scaled global platform, strong customer relationships and proven development capabilities position it well to help meet that demand while delivering long-term value for CPP contributors and beneficiaries.”
This investment builds on CPP Investments’ broader global digital infrastructure strategy, which is focused on scaling exposure to high-quality platforms in markets supported by