Evolution Data Centres (EDC), a pan-Asian data center platform, has signed a joint venture agreement with Megawide, an engineering and infrastructure firm in the Philippines, to design, build and operate a carrier-neutral data center in the Philippines.
The project involves the long-term development of a 69MW colocation data center in Cavite, spread over a 4-hectare campus, with an initial 23MW phase 1 deployment within 2024.
EDC has selected the Philippines market as part of their strategy to focus on high growth markets and specifically because of the country’s rising data consumption, young digital-savvy generation and strong governmental support for digital transformation.
As part of their commitment to build greener data centers they will work with Megawide to ensure that the new data center will minimize its impact on the environment. This will include powering the facility with renewable energy.
According to Darren Webb, Chief Executive Officer of EDC, this project will deliver the very latest digital infrastructure to meet the needs of a growing, content hungry population. They are also passionate about building and operating hyper-scale, sustainable data centers, across Southeast Asia.
In September 2022, EDC also entered into a programmatic joint venture with affiliates of Warburg Pincus, a global private equity giant for the development of sustainable hyper-scale data centers in the fast-growing cloud markets in Southeast Asia.
Megawide on the other hand has been focusing on transport and social infrastructure in recent years. However, in 2022, the company intended to build data centers which marked the company’s entry into the field of digital infrastructure. Their major priority at the moment is creating a seed asset that will eventually grow into a portfolio of assets.
Jaime Feliciano, Megawide’s Chief Business Development Officer, said that digitalization has greatly affected enterprises and consumers alike and data centers are at the very core of this new reality.