Private Equity Fund Investments

Everstone enters into $1-B India-focused JV with data centre firm Yondr

Economic Times  

Global data centre major Yondr Group has entered into a strategic joint venture with PE investor Everstone Group to invest over USD 1 billion for the development of data centers across India - including in Mumbai, Hyderabad, Bangalore, Chennai and Delhi-NCR. The JV has already acquired a land parcel for its first data center project in Mumbai. Operating under the brand name EverYondr, the facility will deliver 30MW by 2023 and 60MW of IT capacity when fully developed.

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