Login

CPP Investments, Deutsche Bank put up $450 million to finance data centre upgrade in Ontario

Project to convert former Blackberry data centre in Cambridge to more powerful facility expected to be completed next year
Canada's massive public pension fund known as CPPIB, based in this office tower in Toronto, is financing a new data centre. (CoStar)
Canada's massive public pension fund known as CPPIB, based in this office tower in Toronto, is financing a new data centre. (CoStar)

The Canada Pension Plan Investment Board is providing $225 million to upgrade an existing data centre in Cambridge, Ontario, to support the power and processing demands of artificial intelligence as the federal government looks to beef up the country's AI networks.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE


News | CPP Investments, Deutsche Bank put up $450 million to finance data centre upgrade in Ontario