Mubadala Investment led a $500m funding round in PDG.

Mubadala Investment, a sovereign investor, led a $500m funding round in Princeton Digital Group, an operator of an internet infrastructure company, with participation from Warburg Pincus and Ontario Teachers’ Pension Plan Board. “We are thrilled to be the lead investor in PDG’s fundraise and partner with the company on its growth journey. PDG is a leading data center infrastructure platform operating in an attractive market with strong tailwinds and catering to rising demand from the hyperscale segment and more broadly Asia’s digital economies. We look forward to working with PDG’s management team to capitalize on the growth opportunities and create not only sustainable, long term value creation, but also support Asia’s digital infrastructure development as a vital enabler to economic progress," Khaled Abdulla Al Qubaisi, Mubadala CEO.