European data center firm NorthC has secured investment from a Dutch pension firm.

APG, on behalf of its pension fund client ABP and Swiss pension fund partners, has agreed to acquire a 37.5 percent stake in NorthC from Antin Infrastructure Partners.

Terms of the deal were not shared.

NorthC was formed in 2019 from the merger of Dutch data center firms TDCG and NLDC, originally a subsidiary of Dutch telecoms company KPN. Antin Infrastructure Partners acquired the company in December 2025 from DWS.

The company currently has more than a dozen data centers across the Netherlands, eight in Germany, and four in Switzerland, with more in development in all three markets.

Founded in 2008, APG (Algemene Pensioen Groep) is a Dutch pension investment company and a subsidiary of the largest pension fund in the Netherlands, Stichting Pensioenfonds ABP. The company managed €590 billion in assets.

APG previously bought a 20 percent stake in Hong Kong-based data center firm OneAsia in 2021, and invested in euNetworks in 2023.

Antin is a private equity firm focused on infrastructure, with more than €33 billion ($38.66bn) in assets under management. Antin previously acquired UK data center firm Pulsant, while the company also has investments in fiber firms such as CityFibre in the UK, Lyntia in Spain, Eurofiber in the Netherlands and Belgium, and FirstLight Fiber in the US.