New capital commitment from CDPQ and Fengate for eStruxture Data Centers

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Caisse de dépôt et placement du Québec (CDPQ) and Fengate Asset Management (Fengate) are pleased to announce a new co-investment in eStruxture Data Centers, a Québec-based data center operator serving companies and cloud service providers. This new capital commitment is in place to support eStruxture’s growth strategy, which is focused on acquisitions, the expansion of existing data centers, and the construction of new data centers. eStruxture currently operates five data centers; three in Montréal and two in the Vancouver area. The new CDPQ and Fengate co-investment enabled the company to acquire a new data center from Shaw Communications in Calgary, significantly strengthening its presence in the leading technology hub of Western Canada. CDPQ’s and Fengate’s latest joint capital commitment will also enable eStruxture to accelerate the expansion of its existing data centers, including the facility located in Montréal’s historic Gazette building. Once the planned expansion is complete at this Montréal location, the facility will feature more than 17,300 m2 of space and 30 megawatts of capacity, making it one of the largest, most power-dense data centers in the Montréal area. false false false In June 2017, CDPQ subscribed to the share capital of eStruxture, a newly incorporated company whose goal was to become a dominant Canada-wide data center platform. Fengate joined as a co-lead investor in January 2018. Just two years later, eStruxture now serves more than 900 customers, including telecommunications companies, cloud service providers, media companies and content developers, financial services providers, etc. false false false ABOUT ESTRUXTURE DATA CENTERS eStruxture provides network and cloud-neutral data center solutions designed with the capacity, performance and flexibility to run modern, demanding enterprise applications, and the control to rapidly scale in response to unpredictable changes in business processes. Headquartered in Montréal, the company provides access to an ecosystem of over 900 customers that trust and depend on eStruxture’s mission critical infrastructure and customer-centric support. eStruxture offers colocation, private cloud, managed services, bandwidth, and security and support services to customers of all sizes. ABOUT CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC Caisse de dépôt et placement du Québec (CDPQ) is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at June 30, 2019, it held CAD 326.7 billion in net assets. As one of Canada’s leading institutional fund managers, CDPQ invests globally in major financial markets, private equity, infrastructure, real estate and private debt. For more information, visit cdpq.com, follow us on Twitter @LaCDPQ or consult our Facebook or LinkedIn pages. ABOUT FENGATE ASSET MANAGEMENT Fengate is a leading alternative investment manager focused on private equity, infrastructure and real estate strategies. With offices in Toronto, Houston, Vancouver, New York and Oakville, Fengate has a proven track record of successful investments, establishing the firm as one of the most active real asset investors in North America. Fengate’s private equity strategy supports mid-market opportunities across North America by proactively targeting businesses, management teams and platforms that will benefit from growth capital and the Fengate team’s expertise. The firm has been recognized as one of “Canada’s Best Managed Companies” since 2007. Learn more at www.fengate.com.