Equinix and CPP Investments to Acquire atNorth, Expanding Nordic Data Center Footprint

Equinix and CPP Investments have announced a deal to acquire atNorth, a Nordic high-performance computing and data center operator, in a move that expands both firms' presence in northern Europe. The acquisition gives Equinix access to atNorth's cool-climate facilities, which are well-suited for high-density AI workloads. CPP Investments' participation signals continued institutional appetite for data center assets as an infrastructure investment class. Deal terms were not immediately disclosed, and regulatory approvals are expected to follow.