Investment in Yondr Group Adds to Mubadala’s Data Center Portfolio
Mubadala Investment Company, one of the leading sovereign investors based in Abu Dhabi, has made a significant investment in Yondr Group, a prominent hyperscale data center developer headquartered in London. This strategic investment was made in collaboration with Apollo, leveraging funds managed by Apollo to support the growth and expansion of Yondr Group. With a strong focus on providing scalable data center infrastructure for major technology players, Yondr Group currently boasts a contracted and reserved capacity of 878MW, with 58MW already operational.
The decision to invest in Yondr Group aligns with Mubadala’s long-term vision to capitalize on the escalating demand for hyperscale data centers globally. Chester Reid, the Chief Financial Officer at Yondr Group, expressed his confidence in the partnership with Mubadala, stating that it will accelerate their growth trajectory and enable them to continue offering sustainable data center solutions to clients worldwide. This investment comes at a time when the demand for data center capacity is expected to skyrocket, with projections indicating an 11 percent Compound Annual Growth Rate (CAGR) by 2032. This surge in demand can be attributed to advancements in technologies such as artificial intelligence (AI), 5G, and the Internet of Things (IoT).
Mounir Barakat, the Senior Executive Director of Digital Infrastructure at Mubadala, emphasized the critical role that Yondr Group will play in catering to the needs of rapidly expanding corporations seeking reliable data center solutions. The investment in Yondr Group forms part of Mubadala’s broader strategy to bolster its digital infrastructure portfolio, which already includes investments in prominent data center companies such as Aligned Data Centers in the U.S. and Princeton Digital Group in Asia.
Moreover, Mubadala’s commitment to responsible investing is evident in Yondr Group’s pledge to achieve net zero greenhouse gas emissions by 2030. This ambitious goal underscores the company’s dedication to implementing energy-efficient technologies and leveraging renewable energy sources to reduce emissions across all its data centers. By aligning with Mubadala’s sustainability objectives, Yondr Group is poised to become a leader in environmentally conscious data center operations.
In addition to its investments in data center assets, Mubadala has also been actively pursuing partnerships with global fiber network providers like CityFibre in the U.K. and GlobalConnect. These collaborations underscore Mubadala’s strategic focus on enhancing connectivity infrastructure to support the growing demand for digital services worldwide. As the digital landscape continues to evolve rapidly, Mubadala’s investments in data center and fiber network assets position the company as a key player in driving digital transformation on a global scale.
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