stockholmswedish privateequity firm eqt ab said friday that it has agreed to sell a minority stake in globalconnect to abu dhabi sovereign wealth fund mubadala investment co headquartered in sweden globalconnect is a fiberbased data communication and datacenter services provider to enterprises public institutions and consumers in northern europe eqt has been invested in the company since 2017 and will remain the largest owner following the closing of the transaction it said globalconnects infrastructure carries more than 50 of all internet traffic generated in the nordics across its network of 150000 kilometers of fiber infrastructure and 35000 squaremeter datacenter space employing around 1800 people in the region by welcoming mubadala as a minority investor in globalconnect eqt infrastructure aims to broaden the companys longterm shareholder base while drawing on mubadalas prior investment experience in data center and fibertothehome assets in numerous markets eqt said the transaction is subject to customary conditions and approvals