CtrlS Datacenters Ltd. has announced a significant strategic partnership with the Canada Pension Plan Investment Board (CPP Investments), involving a total investment of up to INR 7,000 crore (approximately C$1 billion) aimed at bolstering India's digital infrastructure sector. The deal, announced on June 17, 2026, includes an investment of INR 4,000 crore (C$588 million) for an 8.2% equity stake in CtrlS, alongside a joint venture to develop hyperscale datacenter campuses, where CPP Investments will hold a 48% equity stake.
Founded in 2007, CtrlS Datacenters operates 19 datacenters across nine major markets in India, boasting over 370 MW of capacity and an additional 4.4 GW of projects in various stages of execution. The company has positioned itself as a leader in the digital infrastructure space, focusing on sustainability and reliability. The partnership with CPP Investments is expected to enhance CtrlS's capabilities to meet the surging demand for datacenter infrastructure driven by hyperscalers, cloud services, and artificial intelligence applications.
The investment from CPP Investments underscores the growing confidence in CtrlS's operational excellence and long-term growth trajectory. As one of the world's fastest-growing digital markets, India presents a substantial opportunity for infrastructure development. CPP Investments has been active in the Indian market since 2009 and has established a strong presence, with over INR 1,850 billion (C$27 billion) in net assets as of March 31, 2026. This partnership aligns with CPP's strategy to invest in high-quality, sustainable infrastructure projects that deliver long-term value for its contributors and beneficiaries.
The joint venture aims to accelerate the development of next-generation datacenter infrastructure in India, responding to the increasing demand from various sectors, including AI and cloud services. As CtrlS continues to expand its footprint, the partnership is expected to set new benchmarks for AI-ready infrastructure in the region. The collaboration also reflects a broader trend in the digital infrastructure sector, where investments are increasingly directed towards sustainable and scalable solutions to support the burgeoning digital economy.
Overall, this investment by CPP Investments not only reinforces CtrlS's leadership position in India's digital infrastructure landscape but also highlights the growing interest from global investors in the Indian market. As the demand for datacenter capacity continues to rise, the partnership is poised to play a crucial role in shaping the future of digital infrastructure in India, facilitating the country's transition into a more digitally advanced economy.
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