La Caisse has committed A$1 billion ($692 million) to support a subordinated hybrid securities offering by NEXTDC Limited, an Australia-based data center operator, marking a significant step in the company’s growth strategy and capital expansion efforts.
The Québec-based global investment group’s binding commitment underpins the full size of the hybrid securities offer, reflecting confidence in NEXTDC’s asset base, development pipeline and delivery track record.
“This commitment will help underpin NEXTDC’s construction program, supporting growing demand for digital infrastructure in Australia and adding to La Caisse’s long track record in partnering with high-quality infrastructure operators through their growth phase,” said Emmanuel Jaclot, executive vice president and head of infrastructure and sustainability at La Caisse.
NEXTDC said the proceeds will provide flexible, long-term capital to fund ongoing data center d
