June 16, 2026 Seoul
NFD Korea is planning a 300MW data center campus in Dangjin, a city south of Seoul. The 43,188 sqm (464,871 sq ft) facility will include six buildings, each with 50MW of capacity. The company has secured construction permits and a power agreement with Korea Electric Power Corporation, with...
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June 12, 2023 Empyrion Digital
Empyrion DC has begun construction on its first data center in the Gangnam neighborhood of Seoul, South Korea. The 40MW facility, located in Yangjae-dong, Seocho-gu, will be the first to be built in the Gangnam region since around 2011. Interestingly enough, this is when Psy's song Gangnam-Style...
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April 26, 2023 Empyrion Digital
The intended construction of Empyrion DC's Gangnam Data Center (GDC) has been financed by three South Korean financial institutions. KEB Hana Bank, Hana Capital Co Ltd, along with the National Credit Union Federation of Korea will provide the loan, which KEB Hana Bank and Hyundai Asset Management...
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April 19, 2023 Empyrion Digital
A syndicated loan has been obtained by Empyrion DC, a portfolio business of Seraya Partners, from KEB Hana Bank, Hana Capital Co Ltd, and the National Credit Union Federation of Korea to fund the development of the Gangnam Data Centre (GDC) in Seoul, South Korea. The funding from the loan will be...
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August 04, 2022 Empyrion Digital
Empyrion DC has announced that it’s expanding its data center footprint with the addition of a new 10-story data center located in Seoul, South Korea. The facility will have a capacity of 40MW, and the company plans to inject as much as $400 million into the project and launch it in 2024....
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March 31, 2022 Seoul
Alibaba Cloud has announced the opening of a new data center in Seoul, South Korea. The company first revealed plans for a South Korean cloud region last year. It currently operates 82 Availability Zones and 26 regions across the globe. Alibaba’s head of Cloud Intelligence for Japan and Korea,...
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March 21, 2022 Seoul
Pacific Asset Management and Canada Pension Plan Investment Board have formed a joint venture for the sole purpose of developing a hyperscale data center in Seoul, South Korea. The two companies announced that they would be investing KRW 200 billion (US$164.4 million) to develop the largest...
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March 01, 2022 Seoul
Singapore’s SC Capital Partners (SCCP) has announced the launch of a new data center firm. The real estate investment firm says it will be developing hyperscale facilities across Asia. Zeus Data Centers, backed by SCCP, launched its website and social media pages in the summer. Reports show that...
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