iAdvantage Limited, a subsidiary of SUNeVision Holdings Limited has entered into an agreement with a major hyperscale customer, wherein it will set up a single-user data centre.
This data centre will be equipped with a total IT power capacity of 10MW for the customer to facilitate the development of its business and enhance its operation in the Greater China hub, SUNeVision said in a stock exchange notification. SUNeVision Holdings is listed in Hong Kong Stock Exchange (HKSE).
The company did not name the hyperscale provider. Further, SUNeVision will rent a warehouse building situated in Fanling, New Territories, Hong Kong.
This property is owned by an affiliate of the major shareholder of the company, Sun Hung Kai Properties Limited and will invest significant amount of capital and resources to upgrade it for data centre use. SUNeVision will deliver the order of the project in phases, the first phase of the project is expected to be delivered to the customer and be operational in 2022.
SUNeVision is currently operating 5 data centres in Hong Kong and has scheduled to launch its 6th (at its site at Tsuen Wan Town Lot No. 428) and 7th (at its site at Tseung Kwan O Town Lot No. 131) data centres in 2022, the Project will be the Group’s 8th data centre and its first single-user data centre fully pre-committed from inception, it said.
The project demonstrates the Group’s abilities and endeavours to meet the needs and stringent requirements of hyper-scale customers, and highlights the Group’s end-to-end core competency in Hong Kong from site identification to design and construction to operation.
