KKR-Singtel consortium completes purchase of STTGDC

Artist impression of STT Jakarta 2 and STT Jakarta 3. Credit: STT GDC 
September 2, 2026 at 4:38 PM GMT+8

Singapore-headquartered data center platform STTGDC announced today the completion of its acquisition by a KKR-led consortium comprising funds managed by global investment firm KKR and Singtel.  The completion marks the strengthening of STTGDC’s ability to scale AI-ready digital infrastructure globally building on strong operating momentum, increased financial strength and global infrastructure experience, according to the firm’s press release.

Over the past 10 years, STTGDC has built a substantial development pipeline – almost 2GW of powered land secured for assets under construction and pipeline development. Since the end of 2025, operational capacity has increased by 25 per cent to 780MW. Additionally, contracted capacity has grown by 50 per cent and annualised earnings before interest, taxes, depreciation, and amortisation (EBITDA) has risen by 30 per cent, reflecting continued demand from hyperscalers, cloud service providers, AI customers and enterprises across its markets.

Its recent selection under Singapore’s DC- CFA2 to develop a 50MW sustainable and AI-ready data center further reaffirms its resilience and progressive strategy.

Alongside the completion, STTGDC also unveiled a new look through a new logo – a brand refresh which retains the STTGDC name, but reflects also its global focus across Asia, the United Kingdom and Europe. Leadership, operations and business strategy remain the same.

“Today marks the most important turning point in STTGDC’s evolution since we founded the company more than 12 years ago,” said Bruno Lopez, President and Group CEO of STTGDC. “The completion of this transaction signals the beginning of a new chapter for our company. We have spent over a decade building a global platform with the scale, capabilities and operating discipline needed to support the next generation of cloud and AI growth. With the KKR-Singtel consortium’s investment, we have greater capacity to grow and execute at scale while remaining true to the values and customer commitment that have defined STTGDC from its inception.”