The UAE "Mubadala" invests in the company "Yander Group" to develop data centers

Mubadala, one of Abu Dhabi’s sovereign funds, announced the pump of investments in Yondr Group, based in London, along with Apollo, to manage alternative investments, by Apollo, according to a press release today. Munir Barakat, senior chief executive of digital infrastructure investments in Mubadala, said: Youander Group offers a developed infrastructure for data centers for technology companies and has a contractive capacity of 878 megawatts, and is currently working with a capacity of 58 megawatts. In the statement, Mubadala did not reveal the value of the agreement. In February 2022, Mubadala announced the expansion of its global partnership with “Apollo Global Management”, one of the largest alternative asset management companies in the world. Mubadala is expanding its wallet quickly with global digital infrastructure. In May 2023, $ 500 million was allocated to the large -scale US telecommunications services company “Brightspeed”. During the same year, Mubadala announced the pump of investment at aligned data centers, which provide both databases and comprehensive infrastructure solutions, based in the United States and managed by Macquarie Asset Management, without revealing financial details. In 2022, “Mubadala” invested $ 350 million in the operator of the Asian data centers “Princeton Digital Group”. In addition to investing 800 million pounds in the city fiber in the UK. Mubadala also invests in Global Connect, the company that specializes in providing communications services via optical fibers and data center services for institutions in Northern Europe. Data -Centers Enterprises attract strong attention from investors, partly because of their target on stable returns and expectations for ongoing growth with the increasing dependence on technology. Cumulative global demand is expected to grow at an annual growth rate of 11% by 2032, according to the statement issued today. Yander will also be committed to reducing greenhouse gas emissions to zero by 2030, in accordance with the commitment of “Mubadala” to responsible investment, according to the statement. This commitment also includes reducing emissions in all its data centers through energy -saving technologies and the use of renewable energy to operate its infrastructure.