Yondr Group

Yondr and investment funds managed by Cerberus have acquired a 40-acre site in Manassas, Virginia, where Yondr plans a 72MW data-centre campus with a 2029 ready-for-service target. The acquisition moves the project past the search for land, but not past the harder conversions that turn land into dependable capacity. The announcement does not disclose price, financing, customers, construction start, utility agreement, permits, building count or energisation milestones. Its importance lies in control of a site in Northern Virginia; its uncertainty lies in every step between that control and an operating rack.

Yondr has agreed to sell a majority interest in a UK data-centre campus to GLIL Infrastructure, while retaining a minority stake and responsibility for operational management after completion. The asset consists of two fully operational hyperscale buildings in Slough serving one leading hyperscale customer. This is not a clean exit and it is not yet a closed sale. It separates economic control from day-to-day operation at an asset that Yondr had already taken into the securitisation market. The price, exact share split, customer, governance rights and treatment of £532m in term notes remain undisclosed.

What happened: Yondr Group expands to Toronto, supporting RAN interoperability Yondr Group has acquired a 4.5-acre site in Toronto to build its first data center in Canada, marking a major step in expanding its North American presence. The three-story, 27MW facility is set to begin delivering its in…