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flag CPP Investments and Equinix buy atNorth for $4B, with CPP leading 60% stake.

flag In a $4 billion deal, CPP Investments and Equinix have decided to jointly buy Nordic data center operator atNorth, with Equinix holding 40% of the company and CPP investing $1.6 billion for a 60% share. flag A $4.2 billion financing package is part of the deal, which is subject to regulatory approval and intends to grow atNorth's operations throughout Denmark, Finland, Iceland, Norway, and Sweden. flag In order to support AI and high-performance computing, the company runs eight data centers with 1 GW of secured power and has plans for 800 MW of additional capacity. flag These centers use liquid cooling and renewable energy. flag By utilizing the stable economies, inventiveness, and plentiful renewable energy of the Nordic region, the acquisition enhances both Equinix's worldwide reach and CPP Investments' European data center strategy. flag AtNorth will keep running its business on its own under its own name.

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