Data Center News

PDG Begins Construction on Latest Mumbai Data Center

APAC data center firm Princeton Digital Group (PDG) has begun construction on a new facility in Mumbai, India.“PDG has commenced construction of its MU2 data center campus in Mumbai, following a recent groundbreaking ceremony,” the company announced this week on LinkedIn.PDG acquired the land ...

April 10, 2026

Mumbai

Modular Data Center Provider EPG Raises $100M in Series B+ Funding

Singapore-based modular data center provider EPG has raised over $100 million in Series B+ funding, led by Decarbonization Partners, Alibaba Cloud, and other investors.The financing will support EPG's international growth, including expanding R&D, manufacturing, and delivery capabilities.A...

March 31, 2026

Singapore

EPG Secures $100m Series B Funding

Singaporean provider of modular and prefabricated data center infrastructure EPG has completed its Series B financing, raising nearly US$100 million. The company said the proceeds from the financing will support capacity expansion, working capital, and global growth.The round was co-led by in...

January 31, 2026

Singapore

20i Launches Data Center Location in Singapore

Managed hosting provider 20i has signed an agreement to lease capacity at an Equinix data center in Singapore. 20i providers hosting services, including reseller hosting, managed WordPress hosting, and cloud servers - including 20icloud, AWS, and GCP. It utilizes "autoscaling" and load balanci...

January 27, 2026

Singapore

Johnson Controls to Invest S$60m to Expand Innovation Center in Singapore

Johnson Controls has announced plans to invest up to S$60 million (US$44m) to expand its Innovation Center in Singapore. According to the company, the expansion will target the growing demand for more energy-efficient data center infrastructure across the Asia-Pacific region.Johnson Controls h...

January 06, 2026

Singapore

ESR Partners with Wide Creek for 80MW Incheon Facility

APAC real estate firm ESR this week said it was developing an 80MW data center in South Korea, in partnership with Seoul-based Wide Creek Asset Management. The facility is set to be leased to APAC data center operator Princeton Digital Group (PDG).Stuart Gibson, co-founder and co-CEO, ESR, sai...

November 21, 2025

Princeton Digital Group

Stack Secures Green Financing for Data Center in Tokyo

Stack Infrastructure has secured a 39.7 billion yen ($247.7m) green financing package to develop its data center campus in Japan's capital, Tokyo. The first stage of the 36MW TKY01 campus in Inzai, Greater Tokyo, is set to come online next year, offering 18MW, with the additional capacity set ...

October 27, 2025

Tokyo

Singapore Gov't Launches Data Center Efficiency Standard

The Singaporean government has launched a new standard to support data center operators. The standard - SS 715:2025: Energy Efficiency of Data Centre IT Equipment - aims to save energy consumption of IT equipment in data centers by at least 30 percent.The standard will also aid data center use...

August 29, 2025

Singapore

PDG Secures $160m Green Loan for Mumbai Data Center

APAC data center firm Princeton Digital Group (PDG) this week announced it has secured $160 million in green loans for its MU1 data center campus in Navi Mumbai, India. The financing, provided by local financial firms Axis Bank, Kotak Mahindra Bank, and Canara Bank, will be used to fund the co...

July 31, 2025

Princeton Digital Group

Princeton Digital Group Receives $1.3bn from Stonepeak

Asia Pacific-focused data center operator Princeton Digital Group has raised $1.3 billion from Stonepeak following its $1.2 billion debt financing deal back in May.“This milestone investment from Stonepeak is a strong endorsement of PDG’s strategy, execution, and sustained value creation,” sai...

July 19, 2025

Princeton Digital Group

Vena Launches AI-ready Data Center Subsidiary

Singaporean infrastructure developer Vena Global has launched a new subsidiary focused on the development of AI-ready data center infrastructure across the Asia-Pacific region, with plans to create a digital infrastructure developer that is highly integrated with low-carbon energy development....

May 30, 2025

Singapore

Partners Group to Acquire Digital Halo

Global private markets firm Partners Group is set to acquire Singapore-based Digital Halo- a data center operator with facilities located across Southeast and North Asia. The company is currently owned by Arch Capital, which will remain a minority shareholder in the business.Following the term...

May 20, 2025

Singapore

PDG Seals $1.2bn Financing for APAC Data Center Expansion

Princeton Digital Group (PDG) recently announced the successful raise of more than $1.2bn in financing to support its continued expansion and development across Asia.The financing comprises $800 million in project financing for the development and expansion of PDG’s data center campuses in Mu...

May 20, 2025

Princeton Digital Group

PDG Seals $1.2bn Financing for APAC Data Center Expansion

Princeton Digital Group (PDG) recently announced the successful raise of more than $1.2bn in financing to support its continued expansion and development across Asia.The financing comprises $800 million in project financing for the development and expansion of PDG’s data center campuses in Mu...

May 20, 2025

Princeton Digital Group

GDS rebrands international unit to DayOne

Chinese data center firm GDS has changed its name and officially launched as an independent company as of January 1, following the recent completion of a series B funding round. Established in 2022, what was then GDS International was founded to hold GDS Holding’s data center assets and operat...

January 06, 2025

China

Akamai to end CDN services in China

US-based cloud computing and Content Delivery Network (CDN) company Akamai plans to end its CDN in China, ending services in the country on June 30, 2026, the company said in a letter to customers. After this point, any remaining content requests will be automatically served from neighboring c...

January 04, 2025

China

Vertiv acquires tech and assets from BSE

Vertiv's Chinese subsidiary has acquired centrifugal chiller technology and assets from BiXin Energy Technology Co. (BSE), a manufacturer of chillers, heat pumps, heat-recovery solutions and air-handling units.“This acquisition supports our capital allocation strategy, which includes adding te...

December 21, 2024

China

Vnet to set up data center investment fund with Dajia

Chinese data center operator Vnet is setting up a data center investment fund with Chinese insurance company Dajia. The fund will be jointly operated by Vnet and Dajia subsidiary Dajia Investment Holding Company and will make its first investment in Vnet’s Taicang IDC campus in the Jiangsu pro...

December 03, 2024

China

Keppel looks to buy facilities in Singapore

Keppel DC REIT this week announced the proposed acquisition of two hyperscale data centers at the Keppel Data Centre Campus in Singapore from a joint venture owned by its parent company. Keppel will continue to operate and manage the two facilities post-acquisition.The deal would be for S$1.0...

November 20, 2024

Singapore

Alibaba Cloud revenue up 7% for the quarter

China's Alibaba Group saw its cloud computing business revenue grow by seven percent during Q3 2024. According to Alibaba CFO Toby Xu, AI-related product revenue has achieved triple-digit year-over-year (YoY) growth for the fifth consecutive quarter, which "triggers" more demand for the compan...

November 18, 2024

China

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