5C Secures $835m from Brookfield

Canadian data center group 5C this week announced that it has successfully secured $835 million, including equity financing led by Brookfield Asset Management and debt financing led by Deutsche Bank.

“5C is positioned to play a pivotal role in the AI revolution, and we are excited to welcome Brookfield as a strategic partner in our journey,” said Jonathan Ahdoot, 5C CEO. “With this investment, we will accelerate the deployment of next-generation AI factories, delivering scalable infrastructure that can meet the needs of AI-driven industries. We look forward to working with Brookfield to drive the future of AI at scale and with speed.”

“5C is exceptionally well-positioned to capitalize on the next wave of infrastructure needs driven by AI,” added Hamish Kidd, managing director in Brookfield’s Infrastructure business. “We’re excited to support the company’s growth, and partner with its outstanding leadership team, to scale its platform across key markets.”