Data Center News

Digital Edge Planning Massive Expansion

Digital Edge has announced its plan to double its data center capacity over the next five years. The company also announced plans to expand into Thailand and India. Digital Edge was formed by Stonepeak Infrastructure in August 2020. Stonepeak is a New York-based private equity company. Digi...

November 21, 2022

Digital Edge DC

Telehouse begins work on its Paris data center

Telehouse has announced that it has begun work on its new data center at its TH3 Paris Magny campus in France. The second on the site, the data center, is located on a former EADS military site and will provide 12,000 sqm (129,150 sq ft) of IT floor space and 18MW of capacity across five buil...

October 05, 2022

Telehouse

Founder of Vnet, Josh Sheng Chen Looking To Acquire The Company

The founder of Vnet, Josh Sheng Chen, has offered to acquire the data center company. According to reports from the Chinese data center firm, a non-binding proposal has been received from Josh Sheng Chen. The proposal is to acquire all of Vnet’s outstanding ordinary shares. He proposed $8.2...

September 21, 2022

21Vianet

Digital Edge commences work on 32MW data center in Jakarta

Digital Edge has announced that it has begun work on its Jakarta data center in Indonesia. The facility, situated under 3km from its EDGE1 facility will have a capacity of 23MW and will be known as EDGE2.According to the company, the facility will be operated by PT. Ekagrata Data Gemilang (Ed...

September 07, 2022

Digital Edge DC

MBK Partners Mulling Over Vnet Acquisition

According to Bloomberg, Private equity company MBK Partners is mulling over the acquisition of China’s Vnet. Vnet Group Inc., formerly known as 21Vianet, is a Chinese data center firm. MBK is in discussions with a partner over a joint offer for Vnet. Vnet had been an acquisition target for ...

July 29, 2022

21Vianet

Lendlease begins construction on 100 MW data center campus in Japan for Princeton Digital Group

Princeton Digital Group (PDG) has announced that Lendlease has commenced work on its 100MW data center campus. The two held a groundbreaking ceremony in Saitama City, north of Tokyo, to mark the occasion. According to reports, the data center is pegged to be one of the largest in Japan and wi...

June 15, 2022

Princeton Digital Group

Digital Edge announces it has opted for Nortek’s StatePoint for new data center

Digital Edge has announced it will be using Nortek's StatePoint liquid cooling technology in its new data center, the NARRA1, which is set to be the largest carrier-neutral facility in an operational capacity in the Philippines. The company said it has chosen this technology as part of its go...

May 19, 2022

Digital Edge DC

SK ecoplant and Digital Edge Partner To Develop 150MW Facility in South Korea

Digital Edge and SK Ecoplant have formed a joint venture to develop a data center in Incheon, South Korea. The facility will be named Bupyeong data center. Per the agreement, the two firms will jointly develop and promote the 120MW hyperscale data center project. The facility will be locate...

April 25, 2022

Digital Edge DC

Chinese Investment Firms Make Offers For Vnet

Vnet, formerly known as 21Vianet has received unsolicited acquisition offers from two Chinese investment firms. Industrial Bank Co. ltd and Hina Group are looking to acquire the Chinese data center firm. The offer tabled is US$8 in cash per American depositary share. The offer can also be a...

April 13, 2022

21Vianet

KDDI and Telehouse discuss sustainability and targets

KDDI and its data center subsidiary Telehouse recently made their latest sustainability announcements and set a number of target dates to achieve carbon neutrality. Alongside this, they published the details of number of initiatives that will help them to achieve their green goals. Currently, ...

April 12, 2022

Telehouse

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

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 ...

February 23, 2022

Princeton Digital Group

Blackstone Makes a $250m Investment In Vnet

Chinese data center firm Vnet has announced that Blackstone has invested $250 million in the firm. Blackstone bought $250 million worth of convertible notes in Vnet. According to Vnet, it will be using the funds to develop and expand in China. The founder and executive Chairman of Vnet, Josh C...

February 01, 2022

21Vianet

AIIB to invest $150 million in new data centers

Multilateral bank Asian Infrastructure Investment Bank (AIIB), has announced that it is making a significant investment in new data center development, with $150 million. The Beijing-based company will direct the funds through the Keppel Data Centre Fund II (KDCF II). Current reports outline t...

January 24, 2022

Beijing

Beijing warning over data center construction

In light of the global push to reduce carbon emissions, Beijing outlined in a plan published on Wednesday that local governments in China should ensure that the "blind and disorderly development" of data centers is carefully monitored and prevented. Moreover, it stated that governments should ...

December 09, 2021

Beijing

China Mobile is developing a data center in Hong Kong

China Mobile International Limited (CMI) has started work on a new data center facility in Hong Kong, China. CMI is developing the facility on a 1 million square foot land in Fo Tan, Sha Tin. The facility will have multiple stories, and it will cover 103,660 square meters (1.1 million square f...

December 09, 2021

China Mobile

Digital Edge acquires five data centers in Japan

Digital Edge has completed the acquisition of five data centers in Japan. The company acquired the data centers from ICT Services company Itochu Techno-Solutions (CTC) for a fee of around $230 million. The report also shows that CTC will still be an anchor customer across all the data centers....

December 06, 2021

Digital Edge DC

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

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 ...

August 25, 2021

Princeton Digital Group

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

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 i...

June 28, 2021

Princeton Digital Group

Digital Edge now the single largest shareholder in Indonet through $165 million investment

Digital Edge has acquired the major stake in Indonesian telco PT Indointernet for $165 million. The acquisition of the major stake was backed by the Stonepeak Infrastructure Partners private firm. This move is Digital Edge’s first in Indonesia. After completing the deal, the CEO of Digital Edg...

June 16, 2021

Digital Edge DC

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

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 Princet...

April 13, 2021

Princeton Digital Group

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