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CPP partners with Blackstone on Asia-Pacific data center deal valued at $22 billion

Canada's largest pension plan takes 12% stake in Australia-based AirTrunk
An AirTrunk location in Sydney. (CPP Investments)
An AirTrunk location in Sydney. (CPP Investments)
CoStar News
September 5, 2024 | 10:04 P.M.

Blackstone and the Canada Pension Plan Investment Board, the country's largest pension fund, formed a partnership to buy AirTrunk, an Asia-Pacific data center operator in a deal valued at $22 billion as the artificial technology boom drives further demand for digital systems and support networks.

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