Allianz Global Investors (AllianzGI) has taken an unspecified minority stake in Yondr, a global hyperscale data centre developer and operator owned by DigitalBridge and La Caisse.

AllianzGI, on behalf of the Allianz insurance companies and the Allianz European Infrastructure Fund II, has invested in the platform which has over 420MW of hyperscaler-committed capacity and a landbank capable of supporting more than 1GW of future development.

Yondr operates across an international footprint with data centre campuses in markets such as Germany, the Netherlands, the UK, the US and Canada.

Ludovic Subran, Allianz Group CIO, said: “Bridging the growing infrastructure investment gap is part of our mission as a long-term investor. The energy transition and digital transformation are two central pillars of infrastructure investment needs to modernise our society and support growth and resilience.

“Through targeted investments like Yondr alongside excellent partners, we enable our clients to participate in and help to support structural growth trends shaping tomorrow’s economy.”

Joerg Spanier, co-head of direct infrastructure equity at AllianzGI, said: “As the world becomes increasingly digital and AI-driven, the demand for high-performance, energy-efficient infrastructure is accelerating at an unprecedented pace.

“Data centres play a pivotal role in enabling this digital transition which we are proud to support through this investment in Yondr. With our platform now spanning fibre networks, mobile towers, and data centres, we are building the digital backbone of the future while delivering attractive returns to our investors.”

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