Desjardins Capital completed the $60m investment in QScale.

Desjardins Capital, a fund manager, completed the $60m investment in QScale, an AI-focused data center. "After founding the first Caisse Desjardins more than 120 years ago, it is now this team of visionaries' turn to enter the history books with this project and its innovative ideas. And since we firmly believe in QScale's business plan, Desjardins Capital will invest $60 M. This is one of our most important investments since our founding. Desjardins Capital Markets will act as leader, bookkeeper and administrative officer for the new banking syndicate. By supporting a circular economy, QScale has just changed the landscape for international high-density data processing centres. This project is perfectly aligned with our vision and our cooperative's values. It demonstrates the essential economic role that Quebec entrepreneurs play in the evolution of Quebec's economy," Guy Cormier, Desjardins Group President and CEO.