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CPP Investments Commits $710 Million to Expand India Data Centers | BulletsIn

CPP Investments Commits $710 Million to Expand India Data Centers | BulletsIn

Bullets In 3 days ago

CPP Investments has partnered with CtrlS Datacenters, committing US$ 710 million to accelerate hyperscale data center development and strengthen India's digital infrastructure ecosystem.

BulletsIn

  • CPP Investments has committed up to US$ 710 million to support the expansion of digital infrastructure through a strategic partnership with CtrlS Datacenters.
  • As part of the transaction, CPP Investments will acquire an 8.2 percent stake in CtrlS Datacenters through an investment of US$ 448.52 million.
  • The investment values CtrlS Datacenters at approximately US$ 5.16 billion on a pre-money basis, reflecting strong investor confidence in the sector.
  • Both organizations will establish a joint venture focused on developing hyperscale data center campuses across multiple locations in India.
  • CPP Investments will hold a 48 percent stake in the joint venture, while CtrlS Datacenters will retain majority ownership with 52 percent.
  • The partnership aims to meet growing demand from cloud service providers, enterprises, digital platforms, and artificial intelligence-driven applications.
  • Rapid digitalization, increasing data consumption, and adoption of advanced technologies are expected to drive significant growth in India's data center capacity.
  • The investment highlights India's emergence as a preferred destination for long-term global institutional capital and technology infrastructure developmen
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