Allianz Global Investors (AllianzGI) has announced that Allianz Capital Partners GmbH, which is part of AllianzGI, has acquired on behalf of the Allianz insurance companies and the Allianz European Infrastructure Fund II a minority stake in data centre platform Yondr Group (Yondr), a global developer, owner, and operator of hyperscale data centres*. AllianzGI has entered into a strategic partnership investing with DigitalBridge in Yondr, alongside La Caisse (formerly CDPQ).
Yondr operates across an international footprint with data centre campuses in key markets such as Germany, the Netherlands, the UK, the US, and Canada. With over 420MW of capacity committed to hyperscalers and a landbank capable of supporting more than 1GW of future capacity, Yondr is a key player in the data centre sector. The European headquartered company is well positioned to support the accelerating demand for advanced data processing capabilities driven by ongoing digital transformation. Yondr has committed to delivering energy-efficient data centres and has launched an ambitious programme to focus on carbon-related targets while expanding its infrastructure to meet growing demand.
Ludovic Subran, Allianz Group Chief Investment Officer, 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 modernize 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 Munich at Allianz Global Investors, added,
“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."
AllianzGI is offering a broad range of investment solutions and manages over EUR 95bn in private markets of which over EUR 50bn are infrastructure assets making Allianz one of the largest infrastructure investors globally.1
1 IPE Real Assets, Allianz ranked 1st in the Top 100 infrastructure investors 2024: https://realassets.ipe.com/top-100-infrainvestors/top-100- infrastructure-investors-2024-full-ranking/10075855.article
*Hyperscale data centres are very large data centres that are characterised by their exceptional performance and scalability. Hyperscale data centres usually comprise more than 5,000 servers.
