Fengate, CDPQ, Canderel backed eStruxture acquires Shaw’s Calgary Data Center

eStruxture Data Centers Inc., a portfolio company of Fengate Real Asset Investments, Caisse de dépôt et placement du Québec (CDPQ) and Canderel Holdings, has acquired from Shaw Communications Inc. the assets of Shaw’s Calgary-1 data center. Terms of the transaction were not disclosed.

eStruxture acquired all contractual relationships residing in the facility and the existing operational and sales teams. The addition of Shaw’s Calgary facility complements eStruxture’s existing portfolio of five data centers in Vancouver and Montreal.

As part of the transaction, both companies have entered into a multi-year agreement that will see Shaw maintain a wholesale relationship with eStruxture and continue to resell colocation services through the Calgary-1 data center to further supplement Shaw’s portfolio of connectivity services.

In November 2017, Fengate, on behalf of one of its pension fund clients, joined CDPQ and Canderel as the leading institutional investors in eStruxture.

photo credit: Shaw

News Release

eStruxture Acquires Calgary Data Center from Shaw Communications; Becomes the Largest Carrier-Neutral Data Center Provider in Calgary

CALGARY, Alberta, Aug. 1, 2019 /CNW/ — eStruxture Data Centers, a leading Canadian provider of carrier and cloud-neutral data center solutions, announced today that it has signed an agreement to acquire from Shaw Communications Inc. the assets of Shaw’s Calgary-1 data center. eStruxture acquired all contractual relationships residing in the facility and the existing operational and sales teams. The addition of Shaw’s Calgary facility complements eStruxture’s existing portfolio of five data centers in Vancouver and Montreal. Terms of the transaction were not disclosed.

“We’re excited to announce the acquisition of the newest, most state-of-the-art data center in Calgary, and welcome Shaw’s existing data center employees and customers to eStruxture,” says Todd Coleman, President and CEO of eStruxture. “This acquisition furthers our strategy of becoming the leading cloud and carrier neutral provider in Canada. We are committed to keep pushing to deliver more for our customers – more capacity, more locations, and more cloud and network connections.”

As part of the transaction, both companies have entered into a multi-year agreement that will see Shaw maintain a wholesale relationship with eStruxture and continue to resell colocation services through the Calgary-1 data center to further supplement Shaw’s portfolio of connectivity services.

“We are pleased to work with such an innovative and dynamic Canadian company that will allow Shaw Business to nurture relationships with new and existing clients, while providing our teams with a strong data center partner to sell services through and best support our customers,” says Katherine Emberly, President, Business, Brand and Communications at Shaw. “eStruxture’s customer-centric and entrepreneurial culture aligns perfectly with our business and we are excited to establish this wholesale relationship to help better serve our customers in Western Canada.”

The first phase of the Shaw data center was commissioned in August 2015 and awarded Uptime Institute Tier III Design and Construction certification. The 65,000 square foot facility can accommodate robust power densities up to 30kW per cabinet. Built with sustainability and efficiency in mind, the data center is highly energy efficient, made possible by the next generation, free air-cooling system deployed. With existing SSAE16/CSAE 3416 SOC2 certification, the location is audit-ready and adheres to the controls of several other rigorous compliance standards. eStruxture will focus on expanding the Calgary data center’s rich ecosystem of network service providers and cloud onramps. The facility has significant pre-deployed capacity that is customer-ready, and can be further expanded in a rapid timeline to support future growth.

To learn more about eStruxture, visit www.estruxture.com.

About eStruxture:

eStruxture provides network and cloud-neutral data center solutions designed with the capacity, performance and flexibility to run modern, demanding enterprise applications, and the control to rapidly scale in response to unpredictable changes in business processes. Headquartered in Montréal, the company provides access to an ecosystem of over 900 customers that trust and depend on eStruxture’s mission critical infrastructure and customer-centric support, including carriers, cloud providers, media, content, financial services and enterprise customers. eStruxture offers colocation, private cloud, managed services, bandwidth, and security and support services to customers of all sizes.

For more information, visit www.estruxture.com, and follow us on Twitter @estruxture and LinkedIn https://www.linkedin.com/company/estruxture/

About Shaw Communications Inc.

Shaw Communications Inc. is a leading Canadian connectivity company. The Wireline division consists of Consumer and Business services. Consumer serves residential customers with broadband Internet, Shaw Go WiFi, video and digital phone. Business provides business customers with Internet, data, WiFi, digital phone and video services. The Wireless division provides wireless voice and LTE data services through an expanding and improving mobile wireless network infrastructure.

Shaw is traded on the Toronto and New York stock exchanges and is included in the S&P/TSX 60 Index (Symbol: TSX – SJR.B, SJR.PR.A, SJR.PR.B, NYSE – SJR, and TSXV – SJR.A). For more information, please visit www.shaw.ca.

Media Contact:

Jaymie Scotto & Associates (JSA)
Shaw Communications Inc.
+1.866.695.3629 ext. 21

Chethan Lakshman, VP, External Affairs
pr@estruxture.com
(403) 930-8448 | chethan.lakshman@sjrb.ca

SOURCE eStruxture Data Centers

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.