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Goodman and CPPIB launch A$14B data center venture in Europe, with construction starting in 2026.
Goodman Group and Canada’s CPPIB have launched a A$14 billion joint venture to develop four data centres in Frankfurt, Amsterdam, and Paris, with construction set to begin by June 30, 2026.
The 50-50 partnership, involving an initial A$3.9 billion commitment, includes projects totaling 435 MW of primary power and 282 MW of IT load, all with secured power, permits, and site work.
The deal marks CPPIB’s first European data centre venture and follows a long-standing global collaboration.
The transaction is expected to close in phases by March 2026.
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Goodman y CPPIB lanzan una empresa de centros de datos de A$14B en Europa, con la construcción comenzando en 2026.