CPP Investments Drops $1.75B on EQT-EdgeConneX AI Data Center Bet
Canada's biggest pension fund is putting real money behind the AI infrastructure land grab, committing $1.75 billion alongside EQT into EdgeConneX's data center expansion. The check size signals institutional capital…
By Ray Termsheet·Follows the money in the data economy: venture rounds, M&A, and strategic stakes across data vendors and infrastructure.
Oh Canada! Blame Canada!
Canada’s biggest pension fund is putting real money behind the AI infrastructure land grab, committing $1.75 billion alongside EQT into EdgeConneX’s data center expansion. The check size signals institutional capital is now comfortable underwriting speculative AI compute buildouts, not just hyperscaler-anchored deals.
Worth watching whether EdgeConneX’s pipeline claims translate into signed capacity as EQT looks to monetize its stake.
