The Canada Pension Plan Investment Board has over 777 Billion in assets under management.
Of course that is in Loonies so multiply by 0.7311 to get the amount in U.S. pesos.
To convert Canadian dollars into Australian dollars...ahhh...I get confused as to which one is the numéraire.
From Reuters, December 23:
Australia's Goodman Group (GMG.AX) has struck a A$14 billion ($9.32 billion) partnership with Canada Pension Plan Investment Board (CPPIB) to build data centres across Europe, deepening its foothold in the region's fast-growing AI infrastructure market.Interest in data centres has swelled this year as tech giants and artificial intelligence hyperscalers have planned billions of dollars in spending to scale up infrastructure.The partnership with the Canadian pension fund aligns with the AI ambitions of Australia's biggest property developer, which said earlier this year that it would expand its data centre business.
"This agreement is the clearest expression yet of how Goodman is evolving from a logistics specialist into an AI infrastructure provider," said David Tuckwell, chief investment officer at ETF Shares."Goodman is not just a landlord but simultaneously the developer, operator and equity partner. That allows it to pursue very large, complex projects in tier-one global cities without overburdening its balance sheet."The Sydney-headquartered firm currently has 5 gigawatts of data centres in 13 cities, according to its website. Data centres under construction made up 68% of the group's A$12.4 billion portfolio of projects under development, as of September.Earlier this year, Goodman raised around A$4 billion, the largest capital raising in Australia at that time, to fund its data centre business growth plans.
FOUR PROJECTS IN THREE EUROPEAN COUNTRIES....
....MORE
Somehow related in an addled mind, November 15:
"Who Will Pay for the AI Revolution? Retirees"Well there you go. Lots-o-loot...