The Tool Desk
Outbyte PC Repair FREEClear out junk files and repair common Windows errorsFree Scan →Outbyte Driver Updater FREEScan for outdated or missing drivers - takes under a minuteDriver Scan →The headline “Sweden’s EQT to Purchase Controlling Stake in EdgeConneX” refers to an August 2020 announcement, not a new 2026 deal. EQT Infrastructure IV agreed to acquire EdgeConneX from an investor group led by Providence Equity Partners, with closing expected in the fourth quarter of 2020. EQT did not disclose a percentage in its announcement; contemporaneous coverage by Data Center Knowledge reported that Infrastructure IV was expected to control 85% after completion.
What EQT announced in August 2020
On August 19, 2020, EQT Infrastructure said its Infrastructure IV fund had agreed to acquire EdgeConneX from an investor group led by Providence Equity Partners. EQT expected the transaction to close in the fourth quarter of 2020, but its announcement did not specify the stake’s percentage. EQT’s announcement describes the agreement and the parties.
The frequently cited 85% figure comes from Data Center Knowledge’s contemporaneous report, which said Infrastructure IV was expected to control an 85% stake after completion. It is not a percentage published in EQT’s own release, so it should be attributed to that news report rather than treated as EQT’s official deal figure.
What EdgeConneX does
EQT described EdgeConneX as a data-center developer and operator serving cloud, content, network, and other service providers. Its facilities included both larger, purpose-built data centers and edge facilities located nearer to consumer and enterprise users, supporting workloads for which latency can matter.
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At the time of the 2020 announcement, EQT said EdgeConneX operated and developed more than 40 facilities in 33 markets across North America, Europe, and South America. That is the company figure reported in 2020, not a current count.
How EdgeConneX’s ownership changed after the announcement
| Date | What was announced or reported | Ownership detail established by the source |
|---|---|---|
| August 2020 | EQT Infrastructure IV agreed to acquire EdgeConneX from an investor group led by Providence Equity Partners. EQT expected closing in Q4 2020. (EQT; Data Center Knowledge) | EQT did not state a percentage. Data Center Knowledge reported that Infrastructure IV was expected to control 85% after completion. |
| August 2021 | EQT Infrastructure V agreed to co-invest alongside Infrastructure IV. (EQT) | EQT said the two funds would have equal ownership stakes once the transaction completed. The announcement referred to Infrastructure IV’s 2020 acquisition. |
| September 2024 | Funds managed by Sixth Street agreed to acquire a minority stake. (EQT) | EQT said Infrastructure IV and V would remain the largest shareholder after closing. The announcement reported 80 data centers in operation or development in more than 50 markets at that time. |
| July 17, 2026 | EQT’s half-year report described a minority stake in EdgeConneX being transferred from Infrastructure IV and V to EQT’s AI Infrastructure strategy, seeded by EdgeConneX. (EQT half-year report) | The report discusses minority-stake sales and does not give a current percentage ownership breakdown for the holders. |
What the later figures do—and do not—show
EQT reported 80 data centers in operation or development across more than 50 markets in its September 2024 announcement. This describes the company’s stated scale at that time; it is not a verified present-day total.
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- Easy equipment configuration: Fully adjustable mounting rails and numbered U positions, with square holes for easy equipment mounting with top and bottom punchout panels for easy cable access
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- PCI & HIPPA and EIA/ECA-310-E compliant
EQT’s July 17, 2026 half-year report says its AI Infrastructure strategy was seeded by EdgeConneX through acquisition of a minority stake from Infrastructure IV and V. It also lists minority-stake sales in EdgeConneX among fund exit activity. The report does not establish the current percentage held by EQT’s funds, Sixth Street, or any other investor. Accordingly, the 85% report from 2020 should not be presented as a current ownership figure.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Why EQT said it was investing
In EQT’s 2020 announcement, partner Jan Vesely said the firm had followed EdgeConneX’s development and saw an opportunity in a sector and geographies where EQT had experience. EdgeConneX CEO Randy Brouckman said EQT’s financial resources and digital-infrastructure experience would support growth and investment in new data centers, and that he would continue to lead the company.
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