PDG to use vegetable oil from Pertamina in its Indonesian data centers
Asia Pacific’s data center provider, Princeton Digital Group (PDG), yesterday announced a partnership with Pertamina Patra Niaga to use Hydrotreated Vegetable Oil (HVO) as a replacement for diesel fuel for its data centers in Indonesia, with an expected 70 – 90% reduction in carbon emissions, according to PDG’s press release. HVO is a renewable biofuel […]
Vantage Data Centers secures US$ 1.6 billion to buy Yondr’s data centers in Johor; expand APAC footprint
Vantage Data Centers, a global provider of hyperscale data center campuses, today announced that it has secured a US$ 1.6 billion investment from its existing investors, to expand its Asia-Pacific footprint in particular the purchase of Yondr Group’s Malaysian assets. The investment was led by an affiliate of GIC, a global institutional investor, and a […]
Bain Capital sells Chindata to Chinese consortium in US$ 4 billion deal
Private investment firm Bain Capital yesterday announced that its data center arm, WinTrix DC Group has signed a binding agreement to sell its entire stake in its China operations (Chindata) valued at US$4 billion to a consortium led by HEC Group. The transaction is believed to be the largest merger and acquisition deal in the […]