Mubadala Invests in Global Data Center Developer “Yondr Group”
Mubadala Investment Company (Mubadala) has announced its investment in Yondr Group, a global leader in the development of hyperscale data centers.
This investment is made alongside funds managed by Apollo.
Yondr, headquartered in London, specializes in developing, owning, and operating large-scale data centers.
The group provides scalable data center infrastructure for major technology companies.
Currently, it has contracted and dedicated capacity of 878 megawatts, with 58 megawatts already operational.
Mubadala Supports Yondr Growth Strategy
Mubadala’s investment will support Yondr’s ambitious growth strategy.
Mentioning that its strategy aligns with the rapid demand for hyperscale data center services.
As per experts, the global cumulative demand for data centers is going to grow at a compound annual growth rate of 11% by 2032.
Driven by advancements in artificial intelligence, 5G technologies, and the Internet of Things.
Mounir Barakat, Senior Executive Director of Digital Infrastructure Investments at Mubadala, stated:
“This investment adds value to Mubadala rapidly growing digital infrastructure portfolio.
The strong demand for hyperscale data center solutions is driven by companies and institutions adopting AI capabilities, 5G networks, and IoT.
It positions Yondr Group as a key player in providing solutions for some of the world’s fastest-growing companies.”
Mubadala … A Key Financial Partner…
He added:
“We looks forward to closely collaborate with Yondr and their investment partners.
In order to develop world-class solutions that deliver long-term value to their customers and stakeholders.”
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Chester Reid, CFO of Yondr Group, welcomed Mubadala as a key financial partner.
With their additional financial support, Yondr aims to solidify its position, accelerate growth, and continue providing sustainable data center solutions to clients worldwide.
Meeting the increasing demand for service capacity.
In line with Mubadala’s commitment to responsible investment, Yondr Group has pledged to reduce greenhouse gas emissions to zero by 2030.
This commitment includes lowering emissions across all their data centers through energy-efficient technologies and the use of renewable energy for infrastructure operations.
