Cyril Amarchand Mangaldas (CAM), Quillon Partners and TLH Advocates & Solicitors advised on Canada Pension Plan Investment Board’s (CPPIB) INR 7,000 crore (approximately C$1 billion) strategic partnership with CtrlS Datacenters Limited.

The transaction comprises an INR 4,000 crore equity investment by CPPIB in CtrlS and a commitment of up to INR 3,000 crore to establish a joint venture with CtrlS to develop hyperscale data centres across India.

Cyril Amarchand Mangaldas advised Canada Pension Plan Investment Board.

The deal team was led by Reeba Chacko, Senior Partner; Saurav Samaddar and Suvojit Halder, Partners; with assistance from Srushti Shanbhag and Darshna G. Vyas, Principal Associates; Jayant Belgaumkar and Satvik Khatri, Senior Associates; Stuti Agarwal, Utkrasht Gupta, Prajwal V and Jerrin Mathew, Associates. Avaantika Kakkar, Partner (Head – Competition); and Dhruv Rajain, Partner; with assistance from Rajat Sharma, Principal Associate; Vrinda Gundam, Senior Associate Designate; Vanya Agarwal, Senior Associate; Samridh Sinha, Associate; assisted with competition aspects of the transaction.

Quillon Partners advised Canada Pension Plan Investment Board on legal due diligence and transactional support.

The Quillon team comprised Ankit Majmudar, Shriti Shah, Pooja Shukla, Abhimanyu Sharma, Arpita Tripathy, Anuja Khandelwal, Vaibhav PD, Shivansh Soni, Parth Mehta and Ashutosh Anand.

TLH, Advocates & Solicitors advised CtrlS Datacenters Limited.

The TLH team was led by Founder & Managing Partner Shailendra Komatreddy and Partner Prateek Batra, with competition advisory provided by Mathew George Kollamkulam. The team was supported by Associates Anirudh Krishna and Vanshika Gupta.