EQT stock weighs Gulf AI talks through EdgeConneX
Published on 11/12/2026 at 10:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGulf talks broaden EQT strategy
- EQT is discussing potential AI and data-centre investments with sovereign investors in the UAE and Saudi Arabia.
- EdgeConneX operates more than 106 data centres across 25 countries and is expected to support the regional expansion.
- No partner, investment amount, transaction structure or timetable has been announced.
EQT is exploring possible joint investments in artificial intelligence, data centres and related infrastructure with sovereign investors in the United Arab Emirates and Saudi Arabia. The discussions were described by EQT global chair Jean Eric Salata in an interview published by The National on November 3, 2026.
EdgeConneX anchors Gulf expansion
Salata said EQT was examining opportunities in both Gulf markets, with a focus on the physical infrastructure needed to expand AI capacity. He identified chips, energy and data centres as key constraints and said the demand could create opportunities for providers of long-term capital.
EQT plans to use portfolio company EdgeConneX as a platform for a possible regional expansion. The business operates more than 106 data centres across 25 countries, giving EQT an established infrastructure base as Gulf governments and technology companies pursue large computing projects.
The discussions remain exploratory. No sovereign partner, investment amount, transaction structure or timetable has been announced, so the talks do not yet change EQT's reported earnings. The next material milestone for investors would be a named partner, a committed amount or a defined project that could produce fee-generating assets and portfolio-company growth.
Abu Dhabi supports relationships
EQT opened an office in Abu Dhabi's Abu Dhabi Global Market in September. The firm already works with the Abu Dhabi Investment Authority and has co-invested with Abu Dhabi's Mubadala, making existing sovereign relationships a potential route for future transactions.
EQT stock traded at 28.41 euros on Lang & Schwarz at 11:21 CET on Tuesday, November 10, 2026.
EQT stock at a glance
- Company: EQT AB
- ISIN: SE0012853455
- Ticker: EQT.ST
- Lang & Schwarz price: 28.41 euros on November 10, 2026 at 11:21 CET
- Infrastructure platform: EdgeConneX, more than 106 data centres across 25 countries
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