Hyderabad-based CtrlS secures ₹7,000 cr from Canada Pension Plan Investment Board (opens original article in a new tab)

CtrlS Datacenters secures ₹7,000 crore investment from Canada Pension Plan Investment Board, including a stake and joint venture for data centre development in India.

• CPP Investments will invest up to ₹7,000 crore in CtrlS Datacenters, including ₹4,000 crore for an 8.2% stake.
• CPP Investments will form a joint venture with CtrlS, committing ₹3,000 crore and holding 48% equity.
• CtrlS operates 19 data centres across India with 370 MW capacity and 4.4 GW of projects in progress.