Fengate Asset Management and eStruxture Data Centers have announced the completion of a $1.8 billion CAD transaction on June 19, 2024, marking the largest investment ever made in the Canadian data center sector. This investment will facilitate the expansion of eStruxture's portfolio of 15 facilities across Canada to meet increasing data storage demands. Fengate, a North American alternative investment manager, has increased its equity stake in eStruxture with this deal. The investment includes capital from a group of institutional secondary investors co-led by Partners Group and Pantheon. Jonathan Wener, Todd Coleman, and the management team of eStruxture will also reinvest a significant portion of their holdings, indicating their confidence in the company's growth trajectory.