CPP Investments and Equinix join forces to acquire atNorth to further accelerate growth in the Nordics.

Big news from the world of digital infrastructure! In a strategic move set to significantly bolster the Nordic data center landscape, industry giants CPP Investments and Equinix have announced a provisional agreement to acquire atNorth. This isn’t just any acquisition; it comes with a substantial US$4.2 billion financing package designed to fuel massive growth and meet the escalating demands of AI, hyperscale computing, and enterprise solutions.

The deal, announced from Reykjavík, Iceland, on February 27, 2026, marks a pivotal moment for atNorth, a company already recognized as the leading Nordic provider of high-density colocation and built-to-suit data center services. With the digital economy experiencing unprecedented growth, driven by advanced AI applications and the ever-expanding needs of hyperscalers and large enterprises, the demand for robust, scalable, and sustainable data center capacity is at an all-time high.

This strategic investment by CPP Investments and Equinix provides atNorth with an incredible runway to accelerate its expansion plans across the Nordics. Known for its access to abundant renewable energy and naturally cool climate, the Nordic region is an increasingly attractive hub for energy-intensive data operations. This partnership will undoubtedly enable atNorth to enhance its offerings, expand its footprint, and continue to deliver cutting-edge infrastructure solutions that are crucial for the future of digital innovation.

Keep an eye out as this collaboration promises to redefine the scale and capabilities of data center services in the region, paving the way for advanced technological developments and robust digital ecosystems.

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