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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