La Caisse announced a CAD 240 million senior financing agreement with Cologix to support the expansion of the company’s MTL8 data center in Montréal. The facility, located in Technoparc Montréal near Montréal-Pierre Elliott Trudeau International Airport, is already operational and designed to support AI and hyperscale workloads. The investment provides full debt financing for the site as Cologix continues to scale its digital infrastructure footprint across Canada.
The MTL8 facility will deliver 21 MW of capacity and connects into Cologix’s broader Montréal platform, which includes 11 additional facilities across the metro area. The site operates on hydroelectric power and achieved LEED Gold certification in 2025, reflecting sustainability features aligned with high-efficiency building standards. Montréal’s access to renewable power, dense fiber connectivity, and proximity to major U.S. markets has positioned the city as a growing hub for cloud, AI, and interconnection infrastructure.
Cologix currently operates more than 45 edge data centers and interconnection hubs across 13 North American markets, providing colocation and network access for cloud providers, carriers, and enterprises. The company continues to expand its interconnection ecosystem through its Access Marketplace platform, which enables on-demand connectivity services between customers, clouds, and networks.
• La Caisse is providing CAD 240 million in senior financing for Cologix’s MTL8 data center in Montréal.
• The facility delivers 21 MW of capacity and is designed to support AI and hyperscale computing workloads.
• MTL8 is located in Technoparc Montréal near Montréal-Pierre Elliott Trudeau International Airport.
• The site runs on hydroelectric power and achieved LEED Gold certification in 2025.
• MTL8 connects into Cologix’s Montréal platform of 11 additional facilities.
• Cologix operates more than 45 hyperscale edge data centers across 13 North American markets.
Scott Schneider, Chief Financial Officer of Cologix, said: “Canada has always been a core market for Cologix and this partnership reinforces our continued commitment to investing in critical digital infrastructure across the country. Together, this partnership positions us well to continue scaling infrastructure in Canada in a thoughtful, sustainable way as demand for cloud, AI and interconnected services continues to grow.”
🌐 Analysis: Cologix has expanded its Montréal footprint over the past decade as the region emerged as one of North America’s most attractive locations for hyperscale and AI infrastructure. Québec’s large hydroelectric power supply and relatively low electricity costs have drawn cloud and AI operators seeking scalable, lower-carbon energy sources.
Institutional investors such as La Caisse have increasingly targeted digital infrastructure, including data centers, fiber networks, and subsea cables, as long-duration assets with predictable demand growth. Similar capital flows from pension funds and infrastructure investors have supported rapid expansion of hyperscale capacity across North America as AI training and inference workloads drive new power and connectivity requirements.
