CDPQ, Fengate up investment in eStruxture's growth strategy
Caisse de dépôt et placement du Québec (CDPQ) and Fengate Asset Management have made an additional investment in eStruxture Data Centers Inc, a Montréal-based provider of network and cloud-neutral data centre solutions. Terms weren't released for the deal, which will support eStruxture's growth strategy, focused on acquisitions, the expansion of existing data centres, and the construction of new data centres. The proceeds enabled the company's purchase of the assets of the Calgary-1 data centre from Shaw Communications Inc, announced this month. Launched in 2017, eStruxture today serves more than 900 customers. CDPQ first invested two years ago, while Fengate joined as a co-lead investor in 2018.
6 August 2019•4 mins read
