CPP Investments backs EQT's EdgeConneX with $1.75B debt deal
What's the deal? Canada Pension Plan Investment Board (CPP Investments) will invest $1.75 billion (C$2.4 billion) in debt to support EQTDealroom has a profile for this one. Try Dealroom →'s strategy to build AI infrastructure, led by global data centre developer and operator EdgeConneX. CPP Investments announced the deal on July 3, 2026.
Why it stands out: The financing ranks among the largest debt rounds of its kind, sitting in the top 2% of comparable digital infrastructure debt deals globally by size.
What's the endgame? The capital taps growing demand for hyperscale, cloud, and AI-ready digital infrastructure. EdgeConneX develops and operates data centres worldwide, positioning EQT's platform to meet load growth driven by hyperscalers, cloud services, and AI.
Why now? Long-term investors are moving aggressively into digital infrastructure platforms rather than one-off assets. CPP Investments has recently committed up to €2.0 billion for a 17.5% stake in Italy's NetCoDealroom has a profile for this one. Try Dealroom → fixed-line network, and made a $1 billion investment in Alpha GenerationDealroom has a profile for this one. Try Dealroom →, an 11GW power generation company tied to digital infrastructure demand.
The signal: For EQT, whose infrastructure strategy already targets digitization and sustainability megatrends, the tie-up is consistent with its thematic focus. The deal marks another sign that leading global private equity and pension investors now treat digital infrastructure — networks, data centres, and their power supply — as a single, scalable asset class worth multi-billion, long-duration capital.
Read more: Newswire.ca
Image credit: Jemimus
