Brookfield and Ontario Teachers completed the acquisition of Compass Datacenters from RedBird and Azrieli.

Brookfield Infrastructure, an owner and operator of critical global infrastructure networks, and Ontario Teachers' Pension Plan, an organization responsible for administering defined-benefit pensions, completed the acquisition of Compass Datacenters, a wholesale provider delivering dedicated data centers for businesses, from RedBird Capital Partners, a private investment firm, and Azrieli, a real estate company. Financial terms were not disclosed. “Digitalization remains a key thematic investment for Brookfield Infrastructure. The need for data storage continues to grow at an exponential rate across the globe, and Compass complements our existing platforms in South America, Europe and Asia Pacific. Compass is a best-in-class data center platform that we have known for years and we are excited to partner with Chris, the Compass team, and Ontario Teachers’ to support Compass on its rapid growth journey,” Sam Pollock, Brookfield Infrastructure CEO.