Completed · Iceland · Data centres and digital infrastructure
CPP Investments takes a majority stake in atNorth.
CPP Investments, based in Toronto, completed its acquisition of a controlling stake of about 51% in atNorth, an operator of data centres across the Nordic countries headquartered in Reykjavik, Iceland, on 2 September 2026. Equinix acquired about 34% alongside it. The deal completed on 2 September 2026.
SigningDay 100
Signing 27 February 2026 · Day 100 on 11 December 2026
- Buyer
- Canada Pension Plan Investment Board (CPP Investments) ·Toronto, Canada
- Target
- atNorth ·Reykjavik, Iceland
- Type
- Majority stake
- Announced
- 27 February 2026
- Signed
- 27 February 2026
- Completed
- 2 September 2026
- Value
- USD 4 billion (total transaction); CPP Investments commitmen
- People
- Not stated in the release
- Last checked
- 28 October 2026
The people side in Iceland
The people-side rules for Iceland are not in the directory yet. The deal's sources and the method page explain what we track.
Sources
More deals into IcelandMore deals by buyers from CanadaData centres and digital infrastructure dealsSeptember 2026
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