CPP Investments | Investissements RPC has acquired atNorth, a leading Nordic data center company, for an undisclosed amount. This corporate acquisition marks a significant strategic move, with CPP Investments | Investissements RPC taking full ownership of the infrastructure provider. The transaction underscores a clear focus on expanding investments in critical digital infrastructure assets.
atNorth specializes in scalable high-density colocation and built-to-suit facilities designed to meet the unique demands of today’s AI and high-performance workloads. With over 15 years of expertise, the company delivers secure, flexible, and sustainable infrastructure, powered entirely by renewable energy. Its advanced cooling technologies, including Direct Liquid Cooling and Direct to Chip installations, contribute to its commitment to environmental responsibility. Headquartered in Reykjavik, Iceland, atNorth operates eight data centers across strategic Nordic locations, with additional sites opening or under construction in Denmark and Finland, and land secured for future expansion in Sweden.
The acquisition is strategically driven by atNorth's strong position in the rapidly expanding data center market, particularly its focus on supporting AI and high-performance computing. Its dedication to sustainable operations, utilizing renewable energy and advanced cooling, aligns with long-term investment trends and the increasing demand for environmentally responsible digital infrastructure. This move allows CPP Investments | Investissements RPC to gain a significant foothold in the Nordic region's growing digital economy, leveraging atNorth's proven operational excellence and established customer relationships.
The combined entity is well-positioned to capitalize on the accelerating demand for high-density, sustainable data center solutions. This acquisition is expected to support atNorth's continued expansion and its ability to empower businesses with scalable infrastructure while minimizing environmental impact, further solidifying its role in the global digital landscape.