Digital Edge DC, a renowned pan-Asian hyperscale data center developer and operator, and portfolio company of Stonepeak, an alternative investment firm specializing in infrastructure and real assets, has raised over US$ 1.6 billion in new capital through a combination of equity and debt financing to fuel its next phase of growth.
According to a press release, the capital raised includes approximately US$ 640 million of equity investment from both existing and new investors as well as US$ 1 billion of total debt financing across multiple campus expansions. This aims to accelerate Digital Edge’s expansion to meet the increasing cloud and Artificial Intelligence (AI) demands of its customers across the region.
Digital Edge DC’s expanding footprint
Established in early 2020, and headquartered in Singapore, Digital Edge DC now owns and operates 21 data centers with over 500 MW of critical IT load in service and under construction and development, with another 300 MW held for future development, across strategic locations in Japan, Korea, India, Malaysia, Indonesia, and the Philippines.
In October 2024, Digital Edge opened its third data center in Korea, known as SEL2. The 36MW SEL2 facility is the first building in its 100MW Incheon campus in Seoul. This followed the expansion of Digital Edge’s Jakarta footprint with the opening of its 23MW EDGE2 facility earlier in the year.
Digital Edge is set to open the first facility in its 300MW campus in Navi Mumbai in Q2 of 2025, as well as a hyperscale edge facility in downtown Tokyo known as TY07, its ninth data center facility in Japan.
“This efficient and flexible funding will accelerate the continued execution of our vision, enabling us to further build-out our digital infrastructure to better meet our customers’ cloud, AI, and interconnection requirements,” said John Freeman, President of Digital Edge.
“The level of interest received from existing and new investors is testament to Digital Edge’s proven track record, expansion capacity, and relentless focus on delivering for our customers across the Asia Pacific region,” said Andrew Thomas, Chairman of Digital Edge and a Senior Managing Director at Stonepeak. “Since making the founding investment in Digital Edge in 2020, Stonepeak has been proud to support the platform’s expansion into six countries and a truly pan-APAC footprint.”
Samuel Lee, Chief Executive Officer of Digital Edge commented, “This is a major milestone for Digital Edge and an affirmation of the quality of this platform and our team. We are very proud of what we have achieved and are excited to deliver on the next phase of AI-ready data center developments.”
