SAVRN Research · Capital Atlas · Pension and sovereign wealth
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.
Ontario Teachers' Pension Plan (OTPP)
Pension and sovereign wealth
Financing regimeJV equity co-acquisition of a development platform
Named sites
1
Site-level commitments the atlas ties to Ontario Teachers' Pension Plan (OTPP)
Disclosed site capital
$10.0B
Sum of named sites with a stated dollar figure. Not a capex total; see the spending table
Disclosed capacity
n.a.
Sum of named sites with a stated megawatt figure
Financing transactions
2
Transactions naming Ontario Teachers' Pension Plan (OTPP) or tied to one of its sites
Spending
Reported and guided spending
Audited, reported and guided figures as the filing or release states them. Reported lines are what was spent; guidance is what management said it expects. They are shown side by side and 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) |
Named sites
Where Ontario Teachers' Pension Plan (OTPP) 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
Financing transactions
Transactions that name Ontario Teachers' Pension Plan (OTPP) as a party or attach to one of its named sites. Amounts are as stated; 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) |
The record
Sourced facts on Ontario Teachers' Pension Plan (OTPP)
- 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
Sources for Ontario Teachers' Pension Plan (OTPP)
Every source cited on this page, once each. The full atlas source register is at Capital Atlas sources.
- governorreeves.ms.govOffice of Governor Reeves
- reuters.comReuters
- compassdatacenters.comCompass Datacenters
- otpp.comOTPP
- finance.yahoo.comDarkHorse release (Newsfile via Yahoo Finance)
- datacenterwatch.orgDataCenterWatch
Pension and sovereign wealth: one page each
ADIA (Abu Dhabi Investment Authority) 0CalPERS 0CDPQ / La Caisse 2CPP Investments (CPPIB) 1GIC 0Kuwait Investment Authority 0MGX 0Mubadala 0Ontario Teachers' Pension Plan (OTPP) 1PSP Investments 0Qatar Investment Authority 0Temasek 0
The figure beside each provider is its count of named sites in the atlas.
Part of the North American Data Center Capital Atlas, refreshed every Tuesday, Thursday and Saturday. Site commitments overlap reported capital expenditure and overlap one another, so this page shows each figure as its source states it and never adds them into a single deployment number. Informational, not investment advice.
The SAVRN reference set
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.
Delay Watchlist
Project-level slippage: named projects, jurisdictional actions, utility and federal dockets, SEC disclosures, and the interconnection queue.
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Moratorium Tracker
The policy layer: every state measure and local moratorium mapped and cited, with one page per state.
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Water Tracker
Every federal, state, local and interstate water measure that touches a data center, plus a fifty-state water ledger.
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Grid Operator Watchlist
ERCOT, PJM, MISO, CAISO, SPP, NYISO, ISO-NE and FERC: the large-load rules, filings and queue positions that decide whether a site can energize.
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Permits and Power Development
Data center and substation permits, large loads in the interconnection queues, and the power plants planned to serve them, refreshed hourly from public records.
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SAVRN Scarcity Tracker
Eleven primary-sourced indicators of AI infrastructure scarcity, one composite index, read against the token index, SAVRN's own cost basis and the frontier ceiling.
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