November 21, 2025 Princeton Digital Group
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, said:...
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July 31, 2025 Princeton Digital Group
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...
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July 19, 2025 Princeton Digital Group
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,” said...
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May 20, 2025 Princeton Digital Group
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...
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May 20, 2025 Princeton Digital Group
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...
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September 27, 2024 Princeton Digital Group
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...
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September 23, 2024 Princeton Digital Group
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...
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March 27, 2024 Princeton Digital Group
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, 30km...
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September 27, 2023 Princeton Digital Group
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...
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August 09, 2023 Princeton Digital Group
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 itself...
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May 22, 2023 Princeton Digital Group
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...
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February 27, 2023 Princeton Digital Group
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, on a...
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June 15, 2022 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 will...
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February 23, 2022 Princeton Digital Group
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 a...
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August 25, 2021 Princeton Digital Group
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 be...
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June 28, 2021 Princeton Digital Group
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 in...
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April 13, 2021 Princeton Digital Group
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 Princeton...
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September 02, 2019 Princeton Digital Group
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 million...
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July 03, 2019 Princeton Digital Group
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 Axiata,...
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