BDx Data Centers, a data center operator, and HEXA Renewables, an Independent Power Producer (IPP) recently signed an agreement to pioneer an innovative cross-border renewable energy model that will contribute at least 50MW of clean power to the Singapore-Malaysia energy grid, BDx says in a statement recently. Both Asia-based companies are backed by I Squared Capital, an independent global infrastructure investment manager.
The deal will see BDx funding the development of new renewable energy projects in Malaysia which will be injected into the regional grid to power Singapore’s energy needs. HEXA Renewables will help execute the projects.
“With Singapore expected to add over 300 MW of capacity in the near term, this move is a key milestone in supporting Singapore’s, and more broadly, the region’s climate ambitions,” said Mayank Srivastava, CEO, BDx Data Centers. He added that BDx’ partnership with HEXA Renewables introduces an innovative decarbonization model for the region whilst aligning hyperscale data center growth with renewable energy.
BDx operates CGK4, Indonesia’s first Sovereign AI data center campus which is currently powered by renewable energy. The data center is certified by NVIDIA under the DGX-Ready Data Center program, thus enabling BDx to deliver advanced green AI infrastructure. BDx aims to deploy 1 gigawatt (GW) of capacity across the region, with all its digital infrastructure fully green-powered. In every market it operates in, the company is actively exploring similar RE initiatives. Furthermore, CEO Mayank believes that performance and environmental responsibility are not mutually exclusive.
Vince Choi, CEO of HEXA Renewables commented, “Our partnership with BDx supports national sustainability goals while showcasing the power of regional collaboration in accelerating the energy transition.”
HEXA Renewables, which specialises in wind, solar and battery power, aims to develop, own and operate up to 5 GW of renewable energy power generation and battery storage projects in the Asia Pacific region targeting an aggregate investment of US$5 billion in the coming years.
