Equinix, CPP Investments Close $4 Billion Acquisition of Nordic Data Center Developer atNorth

09:05 AM EDT, 09/02/2026 (MT Newswires) -- Equinix (EQIX) and Canada Pension Plan Investment Board said Wednesday that they have completed their $4 billion acquisition of atNorth, a Nordic data center developer and operator of colocation and built-to-suit data facilities. With Partners Group reinvesting to acquire a 10% stake in atNorth, CPP Investments will hold a 51% controlling stake and commit $1.3 billion, the parties said. Equinix will hold a 34% stake and commit $895 million, while Partners Group will commit $260 million for its 10% stake. Additionally, the remaining stake in atNorth will be held by its internal shareholders, who have decided to roll over a substantial portion of their equity, the parties said. The acquisition involves a $4.1 billion financing package that will fund the transaction and support atNorth's continued expansion, according to a statement.