Mubadala’s Energy and Sustainability team alongside investment funds managed by KKR, invested in the acquisition of CoolIT Systems (“CoolIT”), a leading provider of scalable liquid cooling solutions for the world’s most demanding computing environments.

Headquartered in Calgary, Canada with operations across North America, China and Taiwan, CoolIT’s patented liquid cooling technology is designed to reduce the operating costs and carbon emissions of data centers and digital infrastructure, and to improve equipment reliability and longevity, while allowing for higher server density than legacy air-cooling methods.

As the demand for energy-efficient data center cooling grows, Mubadala’s investment will support the company’s ability to scale its best-in-class direct liquid cooling solution and serve its global customers across the data center market. 

This investment and the team’s overall strategy are aligned with the objectives set out in the UN Sustainable Development Goals.