Investment partners, Brookfield Infrastructure and Ontario Teachers’ Pension Plan, express hyperscale expectations for their latest joint acquisition. The two are set to become co-controlling shareholders in Compass Datacenters LLC, which currently boasts a portfolio of 13 hyperscale campuses, providing facilities for some of the world’s largest digital services enterprises and cloud providers.
Compass’ management team will remain in place, continuing to apply its expertise in data centre design and construction. The company’s current roster of facilities includes sites in Toronto and Montreal, nine campuses in the United States, and locations in Italy and Israel.
“The need for data storage continues to grow at an exponential rate across the globe, and Compass complements our existing platforms in South America, Europe and Asia Pacific,” observes Sam Pollock, chief executive officer of Brookfield Infrastructure.
“With the acceleration of technology adoption and advent of emerging technologies such as generative AI, we expect that demand for world-class and sustainable data centres will continue to grow in the coming years,” concurs Ashvin Malkani, an Ontario Teachers’ senior managing director. “We are pleased to welcome our longstanding partner Brookfield Infrastructure as a co-controlling shareholder in Compass.”
Compass chief executive officer, Chris Crosby, affirms he expects “strategic expertise and deep financial resources” from Brookfield and Ontario Teachers’ will propel the company’s future growth.
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