Data Center News

Read Mubadala Leads Princeton Digital Group's $500m Equity Raising Round
Mubadala Leads Princeton Digital Group's $500m Equity Raising Round

Mubadala Leads Princeton Digital Group's $500m Equity Raising Round

February 23, 2022 Princeton Digital Group

Princeton Digital Group has announced that it raised a new round of equity led by Mubadala. Mubadala is the Abu Dhabi government’s arm, and it has put in $350 million in the equity round worth over $500 million. The round will fund PDG, which has 20 data centers across the APAC region with a...

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Read Data Center First moves into Batam, Indonesia with new data center
Data Center First moves into Batam, Indonesia with new data center

Data Center First moves into Batam, Indonesia with new data center

October 18, 2021 Batam

Data Center First has announced that it is moving into Batam, Indonesia, with its first data center in the country. According to the company, the first phase will see the construction of a 30MW facility at Batam Island's Nongsa Digital Park, spanning 276,600 sq ft (25,700 sqm), and there is a...

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Read Princeton Digital Group to build a $150m data center in Jakarta, Indonesia
Princeton Digital Group to build a $150m data center in Jakarta, Indonesia

Princeton Digital Group to build a $150m data center in Jakarta, Indonesia

August 25, 2021 Princeton Digital Group

Princeton Digital Group (PDG) has announced that it is investing $150 million to build a data center in Indonesia. The facility (Jakarta Cibitung- JC2) will have 22MW of power, and it will be built in the same campus that hosts PDG’s JC1 data center. Upon completion, the facility can still be...

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Read Gaw Capital announces joint venture for building data center in Batam, Indonesia
Gaw Capital announces joint venture for building data center in Batam, Indonesia

Gaw Capital announces joint venture for building data center in Batam, Indonesia

July 23, 2021 Batam

Hong Kong-based real estate equity firm Gaw Capital Partners has announced a new joint venture with veteran Wong Ka Vin. The new company is Data Center First Pte Ltd. Gaw says the joint venture will focus exclusively on developing a data center campus in Batam, Indonesia. Kenneth Gaw, President...

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Read Telkom Indonesia and Etisalat to develop $100m data center in Batam, Indonesia
Telkom Indonesia and Etisalat to develop $100m data center in Batam, Indonesia

Telkom Indonesia and Etisalat to develop $100m data center in Batam, Indonesia

July 20, 2021 Batam

According to Indonesia’s Coordinating Ministry for the Economy, Telkom Indonesia and Etisalat are joining forces to develop a new data center in northwest Indonesia. This announcement comes as the country undergoes a data center construction boom and is expected to reach a value of USD$ 3.07...

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Read Princeton Digital Group considers $400m fundraising ahead of potential IPO
Princeton Digital Group considers $400m fundraising ahead of potential IPO

Princeton Digital Group considers $400m fundraising ahead of potential IPO

June 28, 2021 Princeton Digital Group

According to reports from Bloomberg, Princeton Digital Group wants to raise funds from investors to the tune of $400 million. Princeton Digital Group invests, develops, and operates data centers across Asia in countries like Singapore, China, Indonesia, and India. It also has 18 data centers in...

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Read PRINCETON DIGITAL GROUP Secures $230 Million Financing, Charts Out $1 Billion Expansion in China (PR)
PRINCETON DIGITAL GROUP Secures $230 Million Financing, Charts Out $1 Billion Expansion in China (PR)

PRINCETON DIGITAL GROUP Secures $230 Million Financing, Charts Out $1 Billion Expansion in China (PR)

April 13, 2021 Princeton Digital Group

Continued progress against an aggressive 300MW expansion plan Confirms completion of fully contracted 42MW Shanghai data center campus Largest international partner to domestic and international hyperscaler customers in China SINGAPORE & SHANGHAI--(BUSINESS WIRE)--Singapore-based Princeton...

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Read Princeton Digital Group Announces Two Transactions in China and Singapore As Part of US$500 Million Growth Plan (PR)
Princeton Digital Group Announces Two Transactions in China and Singapore As Part of US$500 Million Growth Plan (PR)

Princeton Digital Group Announces Two Transactions in China and Singapore As Part of US$500 Million Growth Plan (PR)

September 02, 2019 Princeton Digital Group

Singapore and Shanghai, China – Singapore-based Princeton Digital Group (PDG), a Warburg Pincus-backed investor, developer and operator of internet infrastructure, today announced that it has acquired assets and land for data center development in China and Singapore, as part of a US$500 million...

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Read PDG to Acquire Majority Stake in XL Axiata’s Data Center Portfolio in Indonesia (PR)
PDG to Acquire Majority Stake in XL Axiata’s Data Center Portfolio in Indonesia (PR)

PDG to Acquire Majority Stake in XL Axiata’s Data Center Portfolio in Indonesia (PR)

July 03, 2019 Princeton Digital Group

Singapore and Jakarta, Indonesia – Singapore-based Princeton Digital Group (PDG), a Warburg Pincus-backed investor, developer and operator of internet infrastructure, announced today that it has reached a definitive agreement to acquire a 70% stake in XL Axiata’s data center portfolio. XL Axiata,...

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