Kepple DC Singapore 1 (S25) Data Center News

Keppel DC Secures S$120 million SLL Credit Facility

The Keppel DC REIT Management Pte. Ltd. Board of Directors announced that one of its DC campuses recently secured a S$120 million (US$87.7m) sustainability-linked Islamic credit facility. The company didn’t reveal details relating to the loan providers, intended loan uses, or sustainability ta...

September 28, 2023

Abdul-Rahman Oladimeji

Keppel Data Center REIT

GIC seeks to raise capital for South Korean data center initiative

The sovereign wealth fund GIC of Singapore is soliciting funds for a data center outside Seoul, South Korea. According to Business Korea, institutional investors, such as GIC, are working with indigenous institutional investors, securities companies, and asset management firms to build a data ...

July 24, 2023

Abdul-Rahman Oladimeji

Singapore

Equinix, AirTrunk, Microsoft, and GDS are chosen by Singapore for an 80MW data center experiment

As Singapore looks to end a years-long prohibition on new developments, four data center operators have been given 80MW of capacity for new facilities. Since 2019, Singapore has imposed a ban on the construction of new data centers; however, previously authorized facilities were permitted to b...

July 14, 2023

Abdul-Rahman Oladimeji

Equinix

Bitdeer expands: Announces new data centers in Norway and Bhutan

In Bitdeer Technologies Group's latest operations update, it shared details about its upcoming expansion. Linghui Kong, Chief Executive Officer of Bitdeer, noted that its 100MW Gedu mining data center in Bhutan, for example, is almost complete and is expected to be delivered in July. Further t...

July 12, 2023

Singapore

Singapore's IMDA establishes tropical data facility sustainability benchmark

Singapore has introduced a standard for maximizing the energy efficacy of data centers (DCs) in tropical regions. The Infocomm Media Development Authority (IMDA) standard recommends operating centers at higher temperatures to save energy on cooling. Dr. Janil Puthucheary, Singapore's Senior Mi...

June 09, 2023

Abdul-Rahman Oladimeji

Singapore

Keppel Corp. Advises Singapore to Switch to Greener Data Centers or Risk Losing Demand

The Keppel Corporation is requesting that authorities develop environmentally friendly data centers. According to Nikkei Asia, Wong Wai Meng, the chief executive officer of Keppel's data center division, warned that the nation's capacity limitation is insufficient to meet current demand. The c...

May 23, 2023

Abdul-Rahman Oladimeji

Keppel Data Center REIT

CLAR Intends to Acquire The Seagate Singapore R&D Facility And Data Center

CapitaLand Ascendas REIT (CLAR) is seeking to acquire Seagate Singapore's research and development facility, which includes a data center, for $163.14 million. The facility, known as 'The Shugart' and located in the one-north district of Singapore, was constructed only eight years ago and was ...

May 19, 2023

Abdul-Rahman Oladimeji

Singapore

Keppel Data Centres and Woodside partner on liquid hydrogen supply

Keppel Corporation has signed an agreement with Australia's Woodside Energy, which could see it supply 1,000 tonnes (1,100 tons) of liquid hydrogen a day from Woodside's portfolio of planned production facilities, to Keppel's data center in Singapore. This deal follows a series of successful ...

April 28, 2023

Keppel Data Center REIT

Floating data center park in Singapore to go ahead after gaining regulatory approval

Keppel Data Centres has announced that its floating data center park in Singapore has received approval and will proceed. Located at the Loyang Offshore Supply Base operated by Toll Group, the facility was originally proposed back in 2019, which came after a significant investment in Californi...

April 18, 2023

Singapore

Scientists at NTU Singapore invent data center cooling spray

When it comes to data center cooling, everyone's on the hunt for the latest innovative, efficient tech; and at Singapore's Nanyang Technical University (NTU), its research team is working on the latest solution. The group proposes cooling servers by spraying chips with fluid; dielectric fluid,...

April 11, 2023

Singapore

Keppel DC REIT Receives Credit Facilities Totaling $73 million

The DC REIT group of Keppel has received a new credit facility of over $70 million, guaranteed by the financial services firm Perpetual. Keppel DC REIT Fin. Company Pte. Ltd., a wholly-owned subsidiary of Keppel DC REIT, has procured the Loan Facility guaranteed by Perpetual Ltd (Asia) in its ...

March 07, 2023

Abdul-Rahman Oladimeji

Keppel Data Center REIT

Keppel Corp Announces Acquisition of a Facility in Malaysia Owned By its Subsidiaries

Keppel Corporation has announced that it has absorbed one of its subsidiaries. The move will also see Keppel take ownership of one of the company’s data centers. Keppel acquired Juventas DC PTE ltd (JPL) for $25.4m from Causeway DC Pte Ltd. (CDCPL). JPL has now become Keppel Corp’s wholly-o...

October 05, 2022

Abdul-Rahman Oladimeji

Keppel Data Center REIT

Singapore authorities to begin taking applications for new data centers

Singapore has announced the end of its data center moratorium and is now accepting new applications for facilities, following Infocomm Media Development Authority (IMDA) and Economic Development Board's (EDB) pilot scheme launch. The moratorium was originally put in place back in 2019 due to S...

July 22, 2022

Singapore

Keppel Reveals Plans For Beijing Data Center

Keppel has announced that it is developing a data center in Greater Beijing, China. According to the Singaporean company, its Keppel Data Centre Fund II LP (KDCF II) has partnered with Heying to develop a greenfield data center facility in Greater Beijing, China. KDCF II is managed by Keppel’s...

July 19, 2022

Abdul-Rahman Oladimeji

Keppel Data Center REIT

Keppel DC REIT Buys Two Data Centers in China For $206m

Keppel DC REIT has announced the acquisition of two data centers in China. The Singaporean data center REIT entered into an agreement with Guangdong Bluesea Data Development Co. Ltd. to acquire two facilities in Jiangmen, Guangdong Province. The deal is worth RMB 1,380.6 million (~US$206m)....

June 24, 2022

Abdul-Rahman Oladimeji

Keppel Data Center REIT

Evolution Data Centres (EvoDC) launches new Sustainable Data Centre Charter

Evolution Data Centres has announced the launch of its new Sustainable Data Centre Charter, through which it measures its entire operations, with the aim of minimizing carbon intensity and limiting water usage as the company grows. The charter includes the target of emitting 20 tonnes of carbo...

June 20, 2022

Singapore

RDA and MVGX partner for sustainable data center development

MetaVerse Green Exchange (MVGX), a crypto exchange regulated by the Monetary Authority of Singapore (MAS), has announced it is teaming up with AI firm Red Dot Analytics, for carbon measurement and to offset tropical data centers.Singapore implemented a three-year moratorium on new data center ...

May 23, 2022

Singapore

SGTech's response to Singapore's data center quota

Although back in 2019, Singapore introduced a data center moratorium following concerns around energy supplies, in 2022, this moratorium was lifted - with conditions. Part of these conditions was that the country would be more selective over future data center projects. Further details around...

April 11, 2022

Singapore

Singapore and Silicon Valley tie second place in data center rankings

According to Cushman & Wakefield's 2022 Global Data Center Market Comparison report, Singapore now ties with the US's Silicon Valley in its league table of the top data center markets. This means that Singapore is now the top market for data centers in Asia-Pacific, beating Hong Kong (6th ...

February 03, 2022

Singapore

Singapore's moratorium on new data center builds lifts, but what's next?

This week, Singapore's Trade and Industry Minister made an announcement that the country's moratorium on new data center builds, which was introduced back in 2019. Minister Gan Kim Yong said that going forward, a "more selective" approach to new builds will be taken.In a written reply to a par...

January 17, 2022

Singapore

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