Singapore-based data center platform Digital Edge, has hired JPMorgan Chase & Co to explore options including a full or partial sale, Bloomberg reports citing sources familiar with the matter. A sale if successful might value the Stonepeak-backed firm at US$ 10 billion, the people added.
Interested parties include infrastructure-focused funds and industry players. Talks are still preliminary and nothing might come out of it, the people said.
A Digital Edge representative when asked for comment, said that business is as usual with the focus on operating the business, executing strategy, and continuing to deliver for customers across all markets.
Stonepeak and JPMorgan declined to comment.
Digital Edge saw increased leasing activities by US hyperscalers in the last 18 months, according to some of the people.
In January, the company had announced a US$ 4.5-billion investment package to build CGK Campus, a hyperscale AI-ready campus in Indonesaiscalable to 1GW, which is currently under development. Its other data centers, EDGE1 has been fully contracted, while EDGE2 has achieved 70 per cent contracted capacity by the end of FY2025, demonstrating sustained demand for scalable colocation capacity.
In March, the company secured US$ 665 million, Indonesia’s largest data center green loan to finance the first phase of its 500MW CGK Campus in the country.
Digital Edge provides data centre and fiber services across Asia-Pacific including China, Indonesia, India and Japan, and boasts 1.8 gigawatts of secured IT power.