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Announced

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SberInvest, Russian Direct Investment Fund and Mubadala completed a $190m investment in IXcellerate.

Synopsis

Sberbank-backed SberInvest, a provider of financial and structuring solutions, Russian Direct Investment Fund, Russia's sovereign wealth fund, and Mubadala Investment Company, an investor managing a global portfolio, completed a $190m investment in IXcellerate. “As one of the largest carrier-neutral commercial data center operators in Russia, IXcellerate is enabling digitalization in Russia through unrivaled scalability and growth opportunities. With the help of this new funding, we aim to provide the type of facilities and services to our existing and future customers that are both ultra-powerful and sustainable in the long-term, while ensuring that our clients continue to benefit from our reliable engineering infrastructure, ESG compliant practices and outstanding service levels,” Andrei Aksenov, IXcellerate CEO.

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