Abu Dhabi’s Mubadala commits further £300 million to CityFibre
Mubadala Investment Co. committed a further £300 million to CityFibre to accelerate its growth plans and enable the fiber network builder to join the UK’s ‘project gigabit’ rural program.
The new equity commitment builds on the Abu Dhabi wealth fund’s initial £500 million investment into CityFibre as part of a wider financing in September 2021, according to a statement.