Princeton PDG BJ1 Data Center News

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

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

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

PDG to develop data center campus at Mindspace park

Princeton Digital Group (PDG) has signed a deal with business park developer Mindspace REIT to develop three more data centers outside Mumbai, India. Under this partnership, Mindspace REIT will develop three additional built-to-suit data centers for PDG, adding a further 1 million sq ft to its...

September 27, 2024

Princeton Digital Group

PDG announces $1bn expansion plan in Mumbai and Chennai

Princeton Digital Group (PDG) has announced plans to expand its data center capacity in Mumbai and Chennai, India through a $1 billion into the country which will bring its India portfolio to 230MW of capacity. DG plans to add three new facilities, bringing the total campus capacity to 150MW a...

September 23, 2024

Princeton Digital Group

PDG completes first phase of Tokyo data center

Data center operator Princeton Digital Group (PDG) has completed the first phase of its 96MW data center campus, TY1, in Tokyo, Japan which included the core and shell construction of a six-story facility, expected to supply 48MW of IT capacity. The TY1 data center located in Saitama City, 30k...

March 27, 2024

Princeton Digital Group

Princeton Digital Group launches sixth DC campus in Indonesia

Princeton Digital Group (PDG) has opened its sixth data center campus in Indonesia with the launch of its 22MW hyperscale data center facility (JC2) in Citibung, Greater Jakarta. Built on the same center as the JCI, the new facility takes the Citibung campus up to 35MW.Varoon Raghavan, COO and...

September 27, 2023

Princeton Digital Group

Princeton Digital Group (PDG) to power Indonesian data center with biomass

Princeton Digital Group (PDG) will power one of its Indonesian data centers with biomass, following the signing of a renewable energy contract with PT Cikarang Listrindo Tbk (CL). PDG will subsequently power its Cibitung data center with the company's biomass-sourced energy.The facility itsel...

August 09, 2023

Princeton Digital Group

Princeton Digital Group Intends to Construct a 150MW Data Facility in Johor, Malaysia

A new campus for data centers is being built by Princeton Digital Group in Johor, Malaysia. This week, the company announced that it had purchased 31 acres of land from JLand Group (JLG) to construct a 150MW campus in Sedenak Tech Park (SteP). The first 60MW phase, JH1, is expected to be opera...

May 22, 2023

Princeton Digital Group

CapitalOnline Data Service Buys data Center Builder Outside Beijing

A company planning to construct a 3,200-rack data center in Huaili County, China, has been purchased by Chinese cloud provider CapitalOnline Data Service. This week, the company bought Huailai Wisdom Cloud Port Technology's entire equity stake. The company just recently received authorization ...

March 24, 2023

Beijing

Princeton Digital to expand Asian data center footprint

Singapore-based Princeton Digital has announced plans to develop more data centers in Asia, in a bid to support operations in its global headquarters. To do this, the company is injecting an investment of $1 billion. With this, the company is expanding into Batam with a 96-megawatt facility, o...

February 27, 2023

Princeton Digital Group

Lendlease begins construction on 100 MW data center campus in Japan for Princeton Digital Group

Princeton Digital Group (PDG) has announced that Lendlease has commenced work on its 100MW data center campus. The two held a groundbreaking ceremony in Saitama City, north of Tokyo, to mark the occasion. According to reports, the data center is pegged to be one of the largest in Japan and wi...

June 15, 2022

Princeton Digital Group

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

AIIB to invest $150 million in new data centers

Multilateral bank Asian Infrastructure Investment Bank (AIIB), has announced that it is making a significant investment in new data center development, with $150 million. The Beijing-based company will direct the funds through the Keppel Data Centre Fund II (KDCF II). Current reports outline t...

January 24, 2022

Beijing

Beijing warning over data center construction

In light of the global push to reduce carbon emissions, Beijing outlined in a plan published on Wednesday that local governments in China should ensure that the "blind and disorderly development" of data centers is carefully monitored and prevented. Moreover, it stated that governments should ...

December 09, 2021

Beijing

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

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