Friday, 24 March, 2023

Princeton Digital Group receives $500m financing from Mubadala

<p>Princeton Digital Group (PDG) has received a $350m equity investment from Mubadala Investment Company, which served as the main investor. This round included investments from both current PDG shareholders, Warburg Pincus and Ontario Teachers, for a total of more than half a billion dollars. PDG will use the money to strengthen its position as Asia&#39;s leading data centre operator by expanding its footprint in Japan, India, Singapore, China, and Indonesia.</p>