TLH, Advocates & Solicitors has advised CtrlS Datacenters in its strategic partnership with Canada Pension Plan Investment Board (CPP Investments), one of the world’s largest and renowned fund managers, involving a commitment of up to C$ 1 billion in India’s digital infrastructure sector.
The transaction comprises two components: a C$ 588 million equity investment by CPP Investments for an 8.2 percent stake in CtrlS Datacenters Ltd., and a C$ 441 million joint venture between CPP Investments and CtrlS to develop and operate data centre campuses across India. The partnership positions CtrlS to accelerate its hyperscale build-out as demand for AI and cloud infrastructure in India continues to grow at pace.
This transaction is a strong signal of global institutional confidence in India’s digital infrastructure story and reflects the increasing appetite of sovereign and pension capital for scaled, income-generating assets in the Indian market.
The TLH team was led by founder & managing partner Shailendra Komatreddy and partner Prateek Batra and comprised associates Anirudh Krishna and Vanshika Gupta, with competition advisory provided by Mathew George.
