Digital Infrastructure

Private capital is pouring into AI, technology and digital infrastructure as demand for computing, connectivity, power and content accelerates worldwide. The rapid expansion of AI is reshaping investment priorities, a trend further fuelled by sovereign strategies, public-private partnerships and national considerations. Sponsors, strategic investors, infrastructure funds, pension plans and developers are targeting capital-intensive, highly specialized assets, including hyperscale data centres, high-capacity fibre networks, wireless networks and tower infrastructure, sustainable power generation, cloud platforms, and emerging digital ecosystems that deliver both resilience and long-term value.

Transactional leadership in the AI-driven infrastructure market

The unprecedented scale and pace for AI infrastructure requires advisors who can deliver both transactional precision and sector insight. We combine market-leading M&A and private equity expertise with our top-ranked Technology, Infrastructure and Power practices. Our team also brings critical strength in competition and foreign investment matters, as well as the tax, real estate and telecom considerations that shape these deals. By integrating corporate, regulatory and asset-specific insight, we anticipate sector challenges, navigate complex approvals, and structure transactions for long-term performance.

Recent M&A and investment transactions in the AI infrastructure ecosystem

Our work spans acquisitions, strategic investments, co-investments and equity financings across the AI infrastructure and adjacent technology sectors. Select recent matters include:

Integrated support across the asset lifecycle

We guide clients through every stage of AI and digital infrastructure projects, from acquisition and financing to build-out, scaling and long-term operation. Our work spans the issues that define success in this market, including securing power and connectivity, navigating permitting and regulatory approvals, enabling AI deployment, and structuring partnerships to support growth. By addressing sector-specific issues at each stage, we help clients reduce risk, ensure compliance, and deliver infrastructure that is ready to meet future demand.

Our team delivers legal advice across the areas most critical to this asset class, including:

• Infrastructure and construction for data centres, networks and platforms
• Real property acquisition, leasing and easements
• Power procurement, grid connection and renewable energy
• Project finance for large-scale assets, including public-private partnerships
• Artificial intelligence enablement and strategic partnerships
• Data privacy, cybersecurity and regulatory compliance
• Technology and intellectual property, including licensing
• Telecom and connectivity, including towers and regulatory approval
• Tax structuring for cross-border and capital-intensive investments
• Fund formation, continuation vehicles and secondary transactions

Industry-recognized leadership with global reach

Ranked Band 1 by Chambers and Partners in Corporate/M&A, Power, Infrastructure and Technology, we are one of the few Canadian law firms recognized at the highest level across the pillars that matter most to the AI infrastructure market. With offices in Canada’s economic, energy and technology hubs, as well as London and New York, we offer the cross-border insight and reach to support clients wherever opportunities arise. Our track record in high-impact mandates has established us as a trusted advisor to market leaders shaping the future of this sector.

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On Target: 2026 Private Equity Outlook 10th Edition

Our national Private Equity & Investments team’s full-service approach is tailored to deliver a seamless experience to our international clients with their inbound Canadian mandates, and to connect our Canadian clients to capital and growth opportunities in Canada and globally. Download our 2026 Outlook to learn more about the latest market trends and how we can help you achieve success this year.

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McCarthy Lawyers Featured in Canadian Lawyer Magazine

Digital infrastructure is reshaping global M&A, with rising demand for data, telecom, and AI driving deal activity across sectors. Jonathan See and Maxine Ethier spoke to Canadian Lawyer Magazine about how these trends are influencing the market.

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