KKR, Singtel buy STT GDC for US$ 5.1 billion
Global investment firm KKR and Singtel announced today they have signed definitive agreements to acquire the remaining 82 per cent in ST Telemedia Global Data Centres (STT GDC), a data centre colocation services provider, from founding shareholder ST Telemedia for S$6.6 billion (US$ 5.1 billion). This would value the company at about S$13.8 billion (US$ […]
NeutraDC, Ishikari Renewable Energy ink MOU to promote GPU-as-a-Service
Indonesia-based data center operator NeutraDC has recently signed a Memorandum of Understanding (MOU) with Japan’s data center firm Ishikari Renewable Energy to connect Indonesia, Singapore and Hokkaido Ishikari as an integrated Asian network hub, the firms said in a joint press release. The parties will collaborate in attracting data center tenants and GPU (Graphics Processing […]
KKR, Singtel, GIC, Mubadala set to acquire STT GDC in US$ 10 billion deal
Sovereign wealth funds GIC and Mubadala Investment are in talks to join KKR and Singtel in a potential deal to acquire data centre operator ST Telemedia Global Data Centres (STT GDC), according to Singapore Business Times quoting sources familiar with the matter. A potential deal, which could come as early as this week, would value […]
[Opinion] ‘Business as usual’ for IJM’s US$1 billion data center jobs
IJM Corporation Berhad, the conglomerate at the center of a corruption and money-laundering probe by the Malaysian Anti-Corruption Commission (MACC) is a very profitable company by any account. Based on its press release on 27 August 2025, its financial results for the first quarter ended 30 June 2025 (Q1 FY2026) showed a year–on-year revenue growth […]
Digital Edge to invest US$4.5 billion to build 500MW data center in Jakarta
Stonepeak-backed Digital Edge yesterday announced a US$ 4.5 billion investment to build CGK Campus, a 500MW hyperscale AI-ready data center in Greater Jakarta, according to the firm’s press release. It is the Singapore-headquartered firm’s largest infrastructure commitment to date and will be one of Indonesia’s largest AI-ready hyperscale data center campuses when completed. Located in […]
Micron breaks ground on US$ 24 billion wafer fab facility in Singapore
Semiconductor manufacturer Micron Technology, Inc. yesterday broke ground on an advanced wafer fabrication facility in Singapore which represented an investment of US$ 24 billion (SG $31 billion) over 10 years, the firm says in a press release. Wafer output is expected to start in the second half of 2028 amid increased global demand for NAND […]
STT GDC launches Southeast Asia’s first HVDC-powered AI infrastructure testbed
Singapore-based ST Telemedia Global Data Centres (STT GDC), yesterday launched FutureGrid Accelerator, Southeast Asia’s first live High Voltage Direct Current (HVDC)-powered AI infrastructure testbed, according to the company’s press release. Jointly developed by STT GDC and LITEON, and supported by the Energy Research Institute @ NTU (ERI@N) and NTU deep-tech spinoff Amperesand, the live testbed […]
DayOne mulls US$20 billion IPO in US; dual listing with Singapore possible
Singapore-based DayOne Data Centers is considering an Initial Public Offerring (IPO) in the United States which could value the data center operator at US$20 billion, with the possibility of a dual listing with Singapore as well, sources cited by Bloomberg said recently. The company is currently in discussions to appoint banks for a potential listing […]
NTT Data inks 100MW power deal with B.Grimm Power for its Thai data center
NTT Global Data Centers has signed a 100MW Power Purchase Agreement with B.Grimm Power, through Amata B.Grimm Power, securing capacity for its upcoming Bangkok 4 Data Center in Chonburi, Thailand. Energization is planned for the second quarter of 2027. B.Grimm is one of Thailand’s leading private energy producers and is currently powering its Bangkok 2 […]
Digital Halo secures US$ 46.9 million financing to expand Manila data center
Digital Halo Pte Ltd, a Singapore-based data center operator, has recently secured a PhP 2.78 billion (US$46.9 million) project financing for the expansion of its inaugural MNL1 data center campus in the Philippines. The loan was granted by Rizal Commercial Banking Corporation (RCBC), one of the largest commercial banks in the Philippines, and represented the […]