TLH Advises CtrlS Datacenters in CAD 1 Billion Strategic Partnership With CPP Investments

TLH, Advocates & Solicitors advised CtrlS Datacenters Ltd. in its landmark strategic partnership with Canada Pension Plan Investment Board (CPP Investments), one of the world’s largest and renowned fund managers, involving a commitment of up to C$ 1 billion in India’s digital infrastructure sector.

The transaction comprises two components: a C$ 588 million equity investment by CPP Investments for an 8.2% stake in CtrlS Datacenters Ltd., and a C$ 441 million joint venture between CPP Investments and CtrlS to develop and operate data centre campuses across India. The partnership positions CtrlS to accelerate its hyperscale build-out as demand for AI and cloud infrastructure in India continues to grow at pace.

This transaction is a strong signal of global institutional confidence in India’s digital infrastructure story and reflects the increasing appetite of sovereign and pension capital for scaled, income-generating assets in the Indian market.

Firm’s Role

TLH acted as legal counsel to CtrlS Datacenters Ltd., advising across the full spectrum of the transaction, including deal structuring, transaction documentation and competition law advisory in connection with the investment and joint venture arrangements.

Deal Team

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

About TLH, Advocates & Solicitors

TLH, Advocates & Solicitors is a full-service law firm headquartered in Hyderabad, with offices in Delhi NCR and Vijayawada. The firm advises domestic and international clients on complex transactions, regulatory matters and disputes across a wide range of sectors. Recognised for its legal excellence and client-centric approach, TLH has been consistently ranked and recommended by leading legal directories, including Chambers and Partners, The Legal 500 and Benchmark Litigation.