CPP Investments commits $1B to data centre partnership in India
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $1.44 a week*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $5.77 plus GST every four weeks. After 52 weeks, price increases to the regular rate of $19.95 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
TORONTO – Canada Pension Plan Investment Board says it’s committing up to $1 billion in a strategic partnership with CtrlS Datacenters Ltd., a data centre operator in India.
Under the partnership, CPP Investments will invest $588 million to acquire an 8.2 per cent stake in CtrlS.
The investment manager has also committed up to $441 million to form a joint venture with CtrlS to develop data centres across India.
CPP Investments will hold a 48 per cent stake in the joint venture, while CtrlS will own the remaining 52 per cent.
Max Biagosch, senior managing director and global head of real assets at CPP Investments, says India represents an important pillar of the fund’s global data centre strategy.
CPP Investments invests the money not needed to fund current Canada Pension Plan benefits.
This report by The Canadian Press was first published June 17, 2026.