The Business Times
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GIC leads investor group to develop North American data centres

Published Wed, Feb 14, 2018 · 09:50 PM

    GIC will lead a group of investors to form an investment vehicle to develop, acquire and operate data centres across North America, it announced on Wednesday.

    It has partnered Denver-based private investment company Mount Elbert Capital Partners, and OPTrust - described as one of Canada's largest pension funds - to form EdgeCore Internet Real Estate.

    The company will initially be capitalised with some US$800 million in equity, supporting approximately US$2 billion in data centre development and investment.

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