The Texas-based data-centre operator plans to list on the New York Stock Exchange, according to documents filed with the U.S. Securities and Exchange Commission. The company hasn’t disclosed how much money it plans to raise through the offering, or set a target share price. (The Logic)

Talking point: Csquare operates 64 data centres across the U.S., U.K. and Canada, including facilities in Toronto and Montreal. Brookfield built the business through a series of deals beginning in 2019 as it expanded its push into digital infrastructure, a sector that has attracted billions of dollars in investment amid surging demand for data centres driven by AI. Csquare generated nearly US$1 billion in revenue and a net loss of US$119.9 million last year. IPO research firm Renaissance Capital estimates it could raise up to US$650 million through the listing. Csquare plans to use IPO proceeds in part to pay down debt. Brookfield would maintain voting control of the public company.