CPP Investments has pledged up to $715 million to expand the Ctrl S Datacenters platform in India, deepening the pension fund’s foothold in one of the world’s fastest‑growing digital‑infrastructure markets. The deal combines a direct equity purchase with a development joint venture aimed at adding hyperscale capacity across the subcontinent. Investors will watch how the partnership fuels the region’s data‑center boom and diversify globally.

Under the agreement, CPP Investments will invest $420 million for an 8.2% stake in Ctrl S, a operator with sizable contracted capacity and long‑term customers. A separate vehicle will receive up to $315 million, giving the fund a 48% interest while Ctrl S retains 52%. The joint venture targets nationwide hyperscale campuses.

The infusion bolsters India’s push to meet soaring data demand from cloud providers and enterprises, where supply constraints have driven up prices. By securing a sizable minority position and near‑majority control of new build projects, CPP Investments positions itself to capture stable, long‑term returns tied to the country’s digital expansion. The deal marks a significant escalation of foreign capital in Indian infrastructure.