Brookfield-backed data center operator Csquare prices 50 million shares in its debut, targeting $1.05 billion proceeds.
Csquare, a data center platform backed by Brookfield Asset Management, priced its initial public offering at $21 per share. The company will issue 50 million shares, raising approximately $1.05 billion in its market debut today.
The pricing aligns with the company’s earlier target range and follows strong investor demand for data center assets. Brookfield’s involvement underscores growing interest in digital infrastructure amid rising cloud and AI-driven demand.
Underwriters have been granted an option to purchase additional shares, though market reaction to the offering remains pending as trading begins.