Canada Pension Plan Investment Board (“CPPIB”) has entered into a strategic partnership worth INR 7000 Crores (C$ 1 Billion) with Ctrl S Datacenters Limited (“CtrlS”), a leading data center operator in India. This includes an investment of INR 4000 Crores in CtrlS and a commitment of up to INR 3000 Crores to form a joint venture with CtrlS to develop hyperscale data centres across India.
The deal team was led by Reeba Chacko, Senior Partner; Saurav Samaddar and Suvojit Halder, Partners; with assistance from Srushti Shanbhag and Darshna Vyas, Principal Associates; Jayant Belgaumkar and Satvik Khatri, Senior Associates; Stuti Agarwal, Utkrasht Gupta, Prajwal V and Jerrin Mathew, Associates.
Avaantika Kakkar, Partner (Head – Competition); and Dhruv Rajain, Partner; with assistance from Rajat Sharma, Principal Associate; Vrinda Gundam, Senior Associate Designate; Vanya Agarwal, Senior Associate; Samridh Sinha, Associate; assisted with competition aspects of the transaction.
