Canada Pension Plan Investment Board and Goodman Group (ASX:GMG) announced the creation of a $14 billion European data centre partnership.
The 50/50 venture, named the Goodman European Data Centre Development Partnership, involves an initial capital commitment of $3.9 billion to develop a portfolio of projects in Frankfurt, Amsterdam, and Paris.
The partnership marks CPP Investments’ first data centre collaboration in Europe, adding significantly to its global digital infrastructure portfolio.
The initial portfolio includes four projects—Paris (PAR01 and PAR02), Frankfurt (FRA02), and Amsterdam (AMS01)—with a combined capacity of 435 MW of primary power and 282 MW of IT load.
All sites have secured power connections, planning permits, and advanced infrastructure, enabling construction to start by June 30, 2026.