TLH Advises CtrlS Datacenters in USD 1 Billion Strategic Partnership with CPP Investments

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June 22, 2026

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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$ 1billion 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 asdemand for AI and cloud infrastructure in India continues to grow at pace.

This transaction is a strong signalof 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.

About CtrlS Datacenters

Founded in 2007, CtrlS Datacenters is Asia's largest Rated-4 data centre operator and a leading provider of sovereign, scalable, and sustainable digital infrastructure. In its 19th yearof operations, CtrlS operates 19 data centres across 9 cities in India, withover 370 MW of operational capacity, and a long-term roadmap to scale to 2 GWof capacity by 2030. CtrlS serves 60 Fortune 500 companies and 5 of the world'stop 7 hyperscalers, maintaining a 99.995% uptime SLA backed by military-grade,9-zone security.

About CPP Investments

CPP Investments (formerly Canada Pension Plan Investment Board) is a global investment management organisation that manages funds on behalf of the Canada Pension Plan, established in 1997and operating independently of the Canadian government. With assets undermanagement of C$ 793.3 billion as at 31 March 2026, CPP Investments manages the retirement savings of over 22 million Canadians across a diversified portfolio spanning public equities, private equity, real estate, infrastructure, and credit.

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 Hyderabad-headquartered law firm ranked Tier 1 by The Legal 500 and Band 1 by Chambers Asia Pacific. The firm advises leading domestic and international clients on complex transactions, regulatory matters, and disputes acrosssectors.

For communications enquiries, please contact: communications@tlh.law

For all other enquiries: contact@tlh.law

TLH, Advocates & Solicitors

www.tlh.law

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