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Mubadala invests in US-based Aligned Data Centers to become partner

Mubadala invests in US-based Aligned Data Centers to become partner
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UAE – Mubasher: Mubadala Investment Company has become a minority partner in pan-Americas firm Aligned Data Centers, along with majority partners that are managed by Macquarie Asset Management, according to a press release.

The investment, which was carried out earlier in August 2023, is part of Mubadala’s objective to grow its global digital infrastructure portfolio, which included a $350 million investment in pan-Asian data centre company Princeton Digital Group in January 2022. 

In addition, the UAE entity pumped a GBP 800 million investment in CityFibre, the UK’s largest independent full-fiber platform.

Aligned Data Centers recently expanded its business into Latin America with the acquisition of LatAm data centre provider.

CEO of Real Estate and Infrastructure Investments at Mubadala, Khaled Abdulla Al Qubaisi, commented: “Our investment will support Aligned’s rapid expansion, further reinforcing the company’s position as a preferred partner in the Pan-American data centre market.

He added: “In addition to Aligned’s continued business growth, we are further excited by its [artificial intelligence] AI-ready status, making it strategically positioned to support infrastructure requirements for a broad set of AI, [machine learning] ML, and DL services.

CEO of Aligned Data Centers, Andrew Schaap, said: “This investment is a testament to our world-class data center solutions, high-caliber teams, and ability to quickly address the growing capacity demands and requirements of our loyal hyperscale and enterprise customers across the Americas.”