APG, on behalf of its pension fund client ABP and Swiss pension fund partners, has agreed to acquire a 37.5% stake in NorthC, one of Europe’s leading enterprise colocation data center platforms. NorthC is headquartered in the Netherlands and operates across the Netherlands, Germany and Switzerland.
The transaction will be executed in partnership with Antin Infrastructure Partners (“Antin”), following Antin’s acquisition of 100% of the company from DWS.
Antin and APG will assume joint ownership of NorthC, combining their complementary sector expertise, long-term investment horizon and shared commitment to developing sustainable digital infrastructure. This partnership ensures strong strategic alignment and provides support to NorthC’s next growth phase.
This investment positions NorthC to advance its development pipeline, deepen its presence in high demand metropolitan markets and further reinforce its role in enabling Europe’s shift toward secure, sustainable, and locally governed digital infrastructure. By delivering mission critical services in Europe’s digital economy, supported by strong structural demand and a clear commitment to sustainability and operational resilience, NorthC embodies the high quality, future-proof digital infrastructure that aligns closely with our long-term objectives.
NorthC already sources 100% renewable electricity across its data center portfolio, while progressively deploying green hydrogen solutions for backup power systems. In parallel, the company repurposes residual heat generated by its data centers to support surrounding communities and leverages AI‑driven optimization tools alongside targeted infrastructure upgrades to reduce electricity consumption.
The acquisition is subject to regulatory clearance.