Mubadala Invests In Yondr To Boost Global Hyperscale Data Centre Development

Mubadala Investment Company has revealed its investment in Yondr Group, a prominent global developer of hyperscale data centres. This move is made in collaboration with Apollo through funds managed by Apollo. Yondr, based in London, specialises in creating scalable data centre infrastructure for major technology firms and currently has 878MW of contracted and reserved capacity, with 58MW operational.

Mubadala's investment aims to bolster Yondr's ambitious growth plans, aligning with the increasing demand for hyperscale data centres. The global need for data centres is projected to grow at an 11% Compound Annual Growth Rate (CAGR) by 2032. This growth is driven by advancements in artificial intelligence (AI), 5G technology, and the Internet of Things (IoT).

Mounir Barakat, Senior Executive Director of Digital Infrastructure at Mubadala Investment Company, commented on the investment: "This investment marks an exciting addition to Mubadala's rapidly expanding digital infrastructure portfolio. We are witnessing a strong growth in demand for hyperscale data centres in response to the rising data demands from AI adoption, 5G and IoT, and Yondr will play a key part in providing solutions for some of the world's fastest growing corporations."

Yondr’s role as a global developer, owner, and operator of hyperscale data centres positions it well to meet the rising demand. The company’s infrastructure supports major blue-chip technology players. Chester Reid, Chief Financial Officer at Yondr, expressed his satisfaction with Mubadala's involvement: "We are pleased to welcome Mubadala as a key financial partner. With their additional support, we are well-positioned to accelerate our growth and continue delivering sustainable data centre solutions to our clients worldwide, meeting the increasing demand for capacity."

The investment also enhances Mubadala's growing portfolio of leading global data centre assets under its digital infrastructure segment. This strategic move underscores Mubadala’s commitment to expanding its footprint in the digital infrastructure sector.

In summary, this partnership between Mubadala and Yondr is set to significantly impact the hyperscale data centre market. It aligns with the anticipated surge in global data centre demand driven by technological advancements like AI, 5G, and IoT.

With inputs from WAM