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Announced

Mubadala to invest $500m in Cologix.

Synopsis

Mubadala Investment, the Abu Dhabi-based global investment firm, to invest $500m in Cologix, a network-neutral, interconnection, and hyper-scale edge data center company. Mubadala’s investment is in partnership with Stonepeak Infrastructure Partners, which will remain the majority shareholder in Cologix. The partnership will see the two investment companies collaborate to support Cologix’s ambitious growth strategy. “This investment marks an important milestone for Mubadala’s ICT business. Cologix is a high-quality company with robust fundamentals in an industry that is growing rapidly and positively impacting the lives of millions of people every day. In Cologix, we are investing in a company that has a clear strategy to build upon its existing market-leading position, and one that is led by an excellent management team with which to implement that strategy.” Mounir Barakat, Mubadala ICT Executive Director.

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