PDG raises US$ 856 million debt for data center expansion in Indonesia
Singapore-based data center platform Princeton Digital Group (PDG) announced today it has raised about USD 856 million in total financing to support the build-out of its 120 MW JC3 campus in Indonesia. The financing comprises a fully underwritten USD 456 million syndicated facility— backed by DBS, HSBC, Maybank, SMBC, and Standard Chartered— and an accordion facility of […]
DCI Indonesia secures US$ 976 million loan for data center expansion
PT DCI Indonesia Tbk (DCII) has secured a credit facility valued at IDR 17 trillion (US$976 million ) from PT Bank Central Asia Tbk (BBCA) to accelerate its data center expansion in Indonesia, according to its exchange filing recently. “The facility will be used to fund the company’s capital expenditure requirements for the construction and completion of […]
Indonesia expects 1GW data center shortfall by 2030: Report
Indonesia is projected to experience a 1 GW shortfall of capacity by 2030 accompanied by a critical undersupply of Tier 3/4 data centers. This indicates ample room for growth in Southeast Asia’s largest economy, according to Mordor Intelligence. Live inventory in Indonesia currently stands at about 1.44 GW with over 70 per cent occupancy. The […]
Malaysia-based DPS inks MOU with Alibaba affiliate for potential US$ 1 billion AI data center in Melaka
Malaysia-based DPS Resources Berhad has last week entered into a Memorandum of Understanding with Hangzhou Xinfengwei Network Technology Co., Ltd., an affiliate of Alibaba Group Holding Limited, to explore the development of Artificial General Intelligence (AGI) data centre infrastructure projects in Melaka, Malaysia. The MOU was signed by DPS’ wholly-owned subsidiary, DPS Energy Sdn. Bhd. which specialises in […]
AirTrunk to invest US$ 3 billion in Johor to build two hyperscale campuses totaling 280MW capacity
AirTrunk, Asia-Pacific and the Middle East’s data centre platform, has today announced plans to invest RM12 billion (USD 3 billion) to develop two new hyperscale data centres in Malaysia, with combined capacity of 280 megawatts (MW) of IT load. This will bring the total capacity to more than 700 MW of IT load across four campuses […]
PDG buys 240 MW of powered land in Jakarta for 4th data center in Indonesia
Singapore-headquartered data center platform Princeton Digital Group (PDG) has today announced the purchase of 240 MW of powered land in Jakarta for its fourth and latest hyperscale data center campus, JC4, bringing its total capacity in Indonesia to 400 MW. Construction has commenced on the campus which spans over 106,217 sq. m., comprising four data […]
Digital Edge hires JPMorgan for possible stake sale valued at US$ 10 billion: Report
Singapore-based data center platform Digital Edge, has hired JPMorgan Chase & Co to explore options including a full or partial sale, Bloomberg reports citing sources familiar with the matter. A sale if successful might value the Stonepeak-backed firm at US$ 10 billion, the people added. Interested parties include infrastructure-focused funds and industry players. Talks are still preliminary […]
Singapore’s floating data center kicks off construction in Q1 2026; completion in 2028
Singapore’s long-awaited floating data centre project, a first on the island nation, will finally see the light of day when construction which began in Q1 2026 is expected to complete in 2028, according to Keppel Ltd’s Q1 2026 earnings update. The 25 MW project which was funded by Keppel Data Centre Fund II, had already secured a […]
Can floating data centers solve the heat crisis?
The idea of floating data centers has been bobbing around for some time now. The latest announcement of a floating data center about to be built off Yokohama in autumn 2025 has people excited again. Although only a Memorandum of Understanding (MOU) has been signed by a consortium of Japanese companies, the prospect of an […]
Philippines earmarks 4,000-acre land as AI hub under US-led Pax Silica
A 4,000-acre property within New Clark City has been earmarked as an artificial intelligence (AI) hub as the Philippines becomes the 13th nation to join the Pax Silica Declaration, a United States-led initiative that seeks to build a secure, resilient, and innovation-driven silicon supply chain covering critical minerals, semiconductors, AI, and advanced manufacturing. The AI industrial hub aligns […]