Ontario Teachers' Pension Plan Data Center Capex and Sites
OTPP co-acquired Compass Datacenters with Brookfield Infrastructure in June 2023, when its net assets were C$247.2 billion. Reuters put the deal at approximately $5.5 billion. Through Compass, OTPP's exposure includes the $10 billion Meridian, Mississippi campus and the cancelled PW Digital Gateway.
Reported and guided spending
Audited, reported and guided figures as the filing or release states them. Reported lines are what was spent, and guidance is what management expects. They sit side by side and are never combined.
| Period | Kind | Amount | As stated | Sources |
|---|---|---|---|---|
| June 2023 | aum | n.a. | net assets of C$247.2 billion at the Compass acquisition (Canadian dollars, no USD figure given) |
Where Ontario Teachers' Pension Plan builds
| Site | State | Place | Capital | MW | Status | Sources |
|---|---|---|---|---|---|---|
Compass Datacenters Meridian campus with Brookfield Infrastructure, Compass Datacenters |
Mississippi | Meridian, Lauderdale | $10.0B | n.a. | announced |
Financing transactions
Transactions that name Ontario Teachers' Pension Plan as a party or attach to one of its named sites. Amounts are as stated, and overlapping commitments are never summed.
| Parties | Instrument | Amount | Date | Site | Sources |
|---|---|---|---|---|---|
Brookfield Infrastructure + Ontario Teachers' Pension Plan + RedBird Capital Partners + Azrieli Group + RedBird Capital Partners (seller) + Azrieli Group (seller) OTPP co-acquired Compass Datacenters with Brookfield Infrastructure from RedBird Capital Partners and Azrieli Group in June 2023. Reuters put the deal at approximately $5.5 billion. |
acquisition | ~$5.5B | June 2023 |
n.a. |
|
DarkHorse Technologies (Pennyrile Holdings, LLC) + Electric Plant Board of Hopkinsville (HES) Power contract for up to 50 MW for a new DarkHorse AI facility in Hopkinsville, Kentucky, served by a new DarkHorse-funded 65 MW substation on TVA's 161 kV system that HES will own. It doubles DarkHorse's contracted power in the TVA region to about 100 MW. Service is subject to permitting, utility construction and an 18-month permit contingency period. |
power supply agreement | n.a. | Announced Tuesday 6 October 2026 (DarkHorse release) |
DarkHorse Hopkinsville superintelligence factory (new 161 kV site) (KY) |
Sourced facts on Ontario Teachers' Pension Plan
- OTPP co-acquired Compass Datacenters with Brookfield Infrastructure in June 2023, from RedBird Capital Partners and Azrieli Group.
- Reuters put the Compass Datacenters deal at approximately $5.5 billion.
- OTPP's exposure through Compass includes the cancelled PW Digital Gateway project.
Sources for Ontario Teachers' Pension Plan
Every source cited on this page, once each.
- governorreeves.ms.govOffice of Governor Reeves
- reuters.comReuters
- compassdatacenters.comCompass Datacenters
- otpp.comOTPP
- finance.yahoo.comDarkHorse release (Newsfile via Yahoo Finance)
- datacenterwatch.orgDataCenterWatch
More in the Index
Capital figures come from the Capital Atlas, refreshed every Tuesday, Thursday and Saturday. Site commitments overlap reported capital expenditure and overlap one another, so each figure appears as its source states it and none are added into a single deployment number. Informational, not investment advice.
Seven references, one system
Capital, delay, policy, water, grid, permits and scarcity are one system seen from seven sides. Each reference is primary-sourced, refreshed on a schedule, and links into the others, so a project can be followed from the money committed to the docket that stopped it.