Princeton SG1 Data Center News

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

Abdul-Rahman Oladimeji

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

Abdul-Rahman Oladimeji

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

Abdul-Rahman Oladimeji

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

Abdul-Rahman Oladimeji

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

Abdul-Rahman Oladimeji

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

Abdul-Rahman Oladimeji

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

Abdul-Rahman Oladimeji

Princeton Digital Group

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

Abdul-Rahman Oladimeji

Singapore

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

Abdul-Rahman Oladimeji

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

Abdul-Rahman Oladimeji

Princeton Digital Group

Data center fire in Singapore impacts Alibaba Cloud services

A data center fire incident in Singapore has caused issues to Alibaba's cloud services. The company said it occurred in Availability Zone C of its Singapore region."At 10:20 on September 10, 2024 Beijing time, Alibaba Cloud monitoring detected network access anomalies in availability zone C of...

September 12, 2024

Abdul-Rahman Oladimeji

Singapore

PDG acquires new data center in Singapore

Princeton Digital Group this week announced the acquisition of Yahoo’s Singapore data center, SG3 which offers 5MW across 5,400 sqm (58,125 sq ft). Terms of the deal were not disclosed, but Yahoo will continue to host its infrastructure at the facility. Rangu Salgame, chairman, CEO and co-fo...

August 14, 2024

Abdul-Rahman Oladimeji

Singapore

Quantinuum signs MoU in Singapore for city-state’s quantum sector

Quantinuum has signed a Memorandum of Understanding with several Singaporean institutions to provide the city-state with access to it's H-Series and Helios quantum computers and collaborate on quantum computing use cases. Other signatories of the MoU include Singapore’s National Quantum Offic...

July 25, 2024

Abdul-Rahman Oladimeji

Singapore

Alibaba extends cloud price cut to international customers

Alibaba has revealed that it is now slashing its prices by as much as 59 percent for customers "from the US to Singapore." This comes shortly after the company's March 2024 announcement that it would be cutting cloud costs for its Chinese customers by up to 55 percent with the hope of winnin...

April 09, 2024

Abdul-Rahman Oladimeji

Singapore

Asia-Pacific plans new data center acquisitions

Singaporean real-estate firm Asia-Pacific Strategic Investments Limited (APS) this week announced plans to acquire a 100 percent stake in Taiwanese sustainable data solutions provider, Mobii Genius Co., Ltd., for US$150 million. “Creating green data processing and storage facilities is of par...

April 08, 2024

Abdul-Rahman Oladimeji

Singapore

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

Abdul-Rahman Oladimeji

Princeton Digital Group

Telkom Indonesia consolidates Singapore data centers

Telkom Indonesia has consolidated its Singapore data centers under one umbrella unit ahead of a potential sale. The company wrote on LinkedIn that this marks a “significant milestone in our journey toward becoming a regional powerhouse in the data center industry,” “The rationale behind this ...

March 05, 2024

Abdul-Rahman Oladimeji

Singapore

Empyrion DC secures S$133 million green loan

Empyrion DC, a Singapore-based data center operator, has secured a green loan worth S$133 million (US$98 million) to refinance its SG1 Dodid data center in Singapore, with proceeds used to “support existing operations” at the 12.5MW facility. This financing was provided by the UOB bank. Mark ...

February 27, 2024

Abdul-Rahman Oladimeji

Singapore

Singapore-based startup receives $12.5 million in funding for electricity transformers

Singapore-based startup Amperesand, which makes SSTs that could replace standard transformers in electricity distribution, has been given $12.5 million in funding to develop solid-state transformers (SSTs), which could make electricity grids more efficient and flexible. "We are thrilled to par...

February 09, 2024

Abdul-Rahman Oladimeji

Singapore

Singapore considers making data centers and clouds "critical infrastructure"

Singapore’s government is currently contemplating marking data centers and clouds as "critical infrastructure,” and extending oversight to cloud service providers and data center operators. A decision in this regard is expected to be made by January 15, 2024. Currently, the Cybersecurity Age...

December 22, 2023

Abdul-Rahman Oladimeji

Singapore

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