DigitalBridge, La Caisse Finalize Acquisition of Yondr Group to Accelerate Hyperscale, AI Data Center Expansion

DigitalBridge Group Inc. (NYSE:DBRG) is one of the most promising stocks according to Wall Street analysts. On July 1, DigitalBridge Group and La Caisse (formerly known as CDPQ) announced the completion of their acquisition of Yondr Group from Cathexis Holdings. Yondr Group is a global developer, owner, and operator of hyperscale data centers, whereas Cathexis is a private investment holding company based in Puerto Rico.

The investment strengthens the existing partnership between DigitalBridge and La Caisse in digital infrastructure to accelerate Yondr’s expansion and address the demand for hyperscale and AI-driven data center solutions. La Caisse is investing alongside DigitalBridge-managed investment vehicles and has assumed joint control of Yondr.

Yondr currently has over 420MW of committed capacity to hyperscalers and holds significant land to support a total potential capacity exceeding 1GW. This positions Yondr to capitalize on the increasing demand for advanced data processing driven by ongoing digital transformation, the expansion of cloud solutions, and the rise of AI.

DigitalBridge Group Inc. (NYSE:DBRG) is a private equity firm. La Caisse is a global investment group.

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Disclosure: None. This article is originally published at Insider Monkey.