OPTrust to invest in $2 bln data centre platform
OPTrust has partnered in the formation of EdgeCore Internet Real Estate LLC, an investment vehicle that will develop, acquire and operate data centres across North America. Together with Mount Elbert Capital Partners and GIC, OPTrust will initially capitalize the vehicle with more than US$800 million to support about US$2 billion in data centre development and investment. In 2018's first half, EdgeCore will begin construction of facilities on land already or soon-to-be acquired in U.S. locations and pursue additional acquisitions and developments. Toronto-based OPTrust invests on behalf of OPSEU Pension Plan.
14 February 2018•4 mins read
