Simpson Thacher represented EQT and its portfolio company, EdgeConneX, in connection with a partnership with Canada Pension Plan Investment Board, which invested $1.75 billion to support EQT’s strategy to build AI infrastructure, led by global data center developer and operator EdgeConneX.
EdgeConneX operates a global data center platform across 20+ countries, serving hyperscale, cloud and enterprise customers. The company has built a significant contracted capacity base and development pipeline across the Americas, EMEA and Asia Pacific. Since EQT's acquisition in 2020, EdgeConneX has scaled its capacity by nearly 20X and plans to develop more than 10 gigawatts of additional data centers over the coming years.
The Simpson Thacher team included Anthony King, Fred de Albuquerque, Sherry Shen, Erica Egenes, Luca Tomasi, Michael Thornhill-Recio and Soraia Esteves (M&A); Robert Lee, Lavinia Mo, Samuel Willing, Yijing (Michelle) Shen and Harriet Hoban (Funds); Jonathan Goldstein, Brian Mendick, Preston Irace and Spencer Landis (Tax); Karen Kazmerzak, Nathaniel Bronstein and Maxime Fischer-Zernin (Antitrust); Mick Tuesley, Michael Kalinin and Ryan Thomas (Regulatory); David Rubinsky, Gary Tashjian, Joshua Stephens and Shivani Motamarri (Executive Compensation and Employee Benefits); Caroline Geiger and Tally Smitas (Intellectual Property and Privacy); Krista McManus (Real Estate); Benjamin Moh, Cherrin Wu and Xuechun Wen (Real Estate - Asia); Toby Chun and Manideepa Sarkar (Environmental); and Steven DeLott (Insurance).