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CPP Investments and Equinix acquire atNorth

M&A · atNorth · US$2.455bn, 2 September 2026.

Key terms

Company
atNorth
Date
2 September 2026
Type
M&A
Value
US$2.455bn
Status
Completed
Region
Nordics

What happened

CPP Investments and Equinix completed the acquisition of atNorth from Partners Group, which rolled about 10%. A separate US$4.1bn (EUR3.6bn) debt package, already in the register, funds the deal and expansion.

Recorded terms

Ownership
CPP c.51%, Equinix c.34%, Partners Group c.10%, management the rest
Platform
Eight operating data centres; projects in Sweden, Finland, Norway and Denmark
Acquisition debt
US$4.1bn (EUR3.6bn) from European and Canadian lenders
Value basis
Equity commitments: CPP Investments US$1.3bn, Equinix US$895m, Partners Group US$260m; deal reported at about US$4bn
Segment
Data centres

Parties

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M&A, preferred equity and joint venture terms from the filed agreements, for the buyer’s, the seller’s or the sponsor’s side. Previews are open; the full text is free with InfraCompute Weekly.

Sources

  1. atNorth: CPP Investments and Equinix complete atNorth acquisitionSource date: 2 September 2026
  2. Equinix: corrected release on the atNorth completionSource date: 2 September 2026

About this record

Compiled from the sources above. Investments are recorded separately from the debt register and are not counted in debt totals. Terms are as announced and may have changed since. Methodology · Send a correction.

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