On September 23, 2024, the Investment Management Corporation of Ontario (IMCO), one of Canada’s largest institutional investors, has completed a US$250 million (approximately C$340 million) investment in Scala Data Centers, a leading Latin American platform specializing in sustainable hyperscale data centers. Headquartered in Brazil and backed by global infrastructure investor DigitalBridge, Scala boasts one of the region’s largest portfolios of secured power and land, exceeding 1 gigawatt of critical capacity. This investment supports IMCO’s broader strategy to allocate capital to scalable, long-term infrastructure opportunities in high-growth markets while aligning with its sustainability goals. Scala’s leadership in sustainable data center development positions it as a strategic asset within IMCO’s global infrastructure portfolio.

Legal counsel for IMCO was provided by Latham & Watkins LLP. Simpson Thacher & Bartlett LLP represented DigitalBridge Group, Inc. and its portfolio company, Scala Data Centers.