The Canada Pension Plan Investment Board (CPP Investments) has taken a majority stake in a Nordic data-center operator, acquiring a 60% ownership interest in the deal. Digital infrastructure leader Equinix holds the remaining 40% stake. This significant transaction, valued at $4 billion, positions CPP Investments as a major player in the European data-center market.

The acquisition reflects the growing demand for digital infrastructure in the Nordics and CPP's strategic expansion into critical technology assets. The deal underscores the region's importance as a hub for data storage and cloud computing services.