Coatue and IMCO completed a $500m investment in Scala Data Centers.

Coatue, a technology-focused investment management firm, and Investment Management Corporation of Ontario, an investor for Ontario's public-sector institutions, completed a $500m investment in Scala Data Centers, a hyperscale sustainable data center platform. "As a long-term investor, IMCO seeks sustainability and growth as key investment attributes for our digital infrastructure portfolio. Scala has this rare combination and represents the kind of world class asset IMCO invests in. Leveraging abundant hydro power in Brazil, Scala positions itself as an industry leader in sustainability within the datacenter sector. We expect this differentiator to drive its continued success with hyperscalers in the region," Fred Robert, IMCO Managing Director, Digital Infrastructure.