Data Center News

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

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

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

Princeton Digital Group Announces Two Transactions in China and Singapore As Part of US$500 Million Growth Plan (PR)

Singapore and Shanghai, China – Singapore-based Princeton Digital Group (PDG), a Warburg Pincus-backed investor, developer and operator of internet infrastructure, today announced that it has acquired assets and land for data center development in China and Singapore, as part of a US$500 milli...

September 02, 2019

Princeton Digital Group

PDG to Acquire Majority Stake in XL Axiata’s Data Center Portfolio in Indonesia (PR)

Singapore and Jakarta, Indonesia – Singapore-based Princeton Digital Group (PDG), a Warburg Pincus-backed investor, developer and operator of internet infrastructure, announced today that it has reached a definitive agreement to acquire a 70% stake in XL Axiata’s data center portfolio. XL Axia...

July 03, 2019

Princeton Digital Group

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