Mubadala Investment Company has announced that it will invest in Yondr Group for the development of large-scale data centers.

According to Amac News: The announcement states that Yondr, headquartered in London, is a global developer, owner and operator of ultra-scale data centers.
The company provides scalable data center infrastructure to major blue-chip technology players and has a contracted and reserved capacity of 878 MW, of which 58 MW is currently in operation.
Mubadala's investment supports Yondr's ambitious growth strategy, which has been developed in line with the rapidly growing demand for superscale data centers.
Global aggregated data center demand is expected to grow at a compound annual growth rate (CAGR) of 11% through 2032, driven by advances in artificial intelligence (AI), 5G technology, and the Internet of Things (IoT).
The investment builds on Mubadala's rapidly growing portfolio of leading global data center assets in its digital infrastructure infrastructure.