PDG debuts in South Korea with USD 700 million investment

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By Jan Yong
Jan is an experienced journalist having written on a diverse range of subjects including property and travel in the last 15 years; and business, economy, law, luxury, health and lifestyle. He is currently immersed in cloud, data centers and artificial intelligence, and thinks quantum computing is the next big thing.
PDG’s SE1 campus in Incheon

Singapore-based developer and operator of data centers, Princeton Digital Group (PDG), today announced a US$ 700 million investment for its first multicampus facility in South Korea with a planned capacity of up to 500 MW. Construction of its first campus, its flagship 48 MW campus, PDG SE1, is slated to begin later this month and the 11,000 sqm facility is expected to be ready for service in early 2028, according to the firm’s press release. Located in Incheon, about 40 mins away from Central Seoul, the AI-ready facility already has power fully contracted.

SE1 will be purpose-built for hyperscale and AI workloads, featuring high-density configurations, advanced cooling technologies, and energy efficient systems aligned with PDG’s Net Zero by 2030 and RE100 commitments.

South Korea is PDG’s seventh country after Singapore, Japan, India, Indonesia, China and Malaysia. The country is one of Asia’s most mature and fastest-growing digital economies, but also one of its most complex markets, given land constraints, grid limitations, and stringent permitting requirements. PDG’s entry into Korea proves it has the ability to navigate these high-barrier-to-entry environments. Backed by some of the world’s largest blue-chip investors, PDG is well-positioned to serve the most demanding global hyperscale customers in Korea.

“South Korea is one of Asia Pacific’s most advanced digital economies and a critical market for cloud and AI hyperscalers. Our entry is part of a long-term plan to be a significant provider of AI and cloud data center capacity in the country,” said Rangu Salgame, Chairman, CEO and Co-founder of PDG.

With SE1, PDG’s portfolio now exceeds 1.2 GW of IT capacity across seven countries and more than 20 campuses.

 

 

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