CPP Investments commits $1B to data centre partnership in India

By The Canadian Press | June 17, 2026 | Last updated on June 17, 2026
1 min read
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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% 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% stake in the joint venture, while CtrlS will own the remaining 52%.

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.

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