US EditionCPP Investments Commits to $225 Million in Construction Financing for Ontario Data Centre
CAMBRIDGE, ONTARIO, CANADA, JUL 31 – The $225 million loan will expand hyperscale AI computing capacity by 54 megawatts, supporting growing demand for advanced AI infrastructure, CPPIB said.
- CPP Investments announced on July 31, 2025, it will invest C$225 million via a 50% stake in a loan to expand a hyperscale data centre in Cambridge, Ontario.
- The expansion responds to strong demand for AI-focused infrastructure and government initiatives including a $2 billion pledge for AI industry support made last year.
- Deutsche Bank’s private credit and infrastructure division is contributing half of the $450 million construction loan and will act as the lead lender for the joint venture project.
- The expansion adds 54 megawatts of heavy-duty power, pre-leased to an AI cloud computing provider, supporting advanced AI model training that needs substantial data centre capacity.
- This investment marks a milestone in CPP Investments' global data centre strategy, strengthening its Canadian presence amid market fragmentation and growing demand for data sovereignty.
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CPP Investments to provide $225 million in funding for Ontario data center
TORONTO — CPP Investments says it will help fund an expansion to a data center project in Cambridge, Ont. The pension fund says it will invest $225 million in the project through a 50 per cent interest in a construction loan.
CPP Investments Commits to $225 Million in Construction Financing for Ontario Data Centre
TORONTO, July 31, 2025 /CNW/ - Canada Pension Plan Investment Board (CPP Investments) today announced that it is providing funding to construct a 54 MW hyperscale expansion to a data centre in Cambridge, Ontario. CPP Investments will invest C$225 million in the project by way of a 50% interest in a construction loan, alongside Deutsche Bank Private Credit & Infrastructure, which served as the lead lender on this transaction and funded the rema…
CPP Investments to provide $225 million in funding for Ontario data center – 105.9 The Region
TORONTO — CPP Investments says it will help fund an expansion to a data center project in Cambridge, Ont. The pension fund says it will invest $225 million in the project through a 50 per cent interest in a construction loan. Deutsche Bank Private Credit and Infrastructure will provide funding for the other half of the loan and will serve as the lead lender on the transaction. A press release from CPP Investments says there is strong demand for …
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