Data Center News

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

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

Singapore

Seraya Partners reaches goal of $800 million APAC funding

Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, win...

December 14, 2023

Singapore

GSD raises $270m green financing for Malaysian facility

Chinese data center developer and operator GDS has raised MYR1.27 billion ($270m) in green financing for its Nusajaya Tech Park data center in Malaysia. The finance was secured from four financial institutions: UOB Malaysia, Bank of China (Malaysia) Berhad, OCBC Bank (Malaysia) Berhad, and Sta...

December 08, 2023

Malaysia

Malaysian telco Axiata to exit Nepalese market

Malaysian telco Axiata Group Berhad announced last week that it has entered into an unconditional sale and purchase agreement with Spectrlite UK Limited for the sale of Reynolds Holding Limited, which owns approximately 80 percent equity stake in Ncell Axiata Limited. The company mentioned th...

December 04, 2023

Malaysia

Mitratel acquires over 800 towers from Gametraco for $113 million

Jakarta-based PT Dayamitra Telekomunikasi Tbk (Mitratel) revealed last week that it recently acquired 803 towers from infrastructure operator PT Gametraco Tunggal for around $113 million. The Telkom Indonesia subsidiary noted that this acquisition includes 1.327 tenants, confirming that 562 ...

December 03, 2023

Jakarta

Gaw & Sinar Primera to construct new DC facility in Batam, Indonesia

Real estate private equity firm Gaw Capital Partners and Indonesian developer Sinar Primera announced a partnership this week to build a data center in Batam, Indonesia. Gaw will be acting as the primary investor in this partnership with Sinar Primera as the development manager will take a min...

November 03, 2023

Batam

VNPT unveils new DC campus outside Hanoi

State-owned telco Vietnam Posts and Telecommunications Group (VNPT) announced the launch of a new 23,000-square-meter data center campus outside Hanoi this week. The new Tier III facility known as VNPT IDC Hoa Lac – in the Hoa Lac High-Tech Park in the Thach That district, Ha Tay province, can...

October 27, 2023

Vietnam

6Estates launches Nvidia DGX BasePOD for AI offerings

Singaporean large language model provider 6Estates recently launched an Nvidia DGX BasePOD based on Nvidia GCX H100 systems to develop its AI offerings. The company will use this BasePOD for its "Model Solutions" offering, which provides users with personalized large language models. The clust...

October 11, 2023

Singapore

Globe Telecom bags $263m loan for network rollout

Philippines telco Globe has secured a $263 million loan with the Metropolitan Bank & Trust Company to finance its network upgrading and debt refinancing. In a press statement, the company had invested $660 million in Capex in the first half of this year. This investment was noted to be 25 ...

October 02, 2023

Philippines

Philippines-based Telco Dito Secures $3.9bn Loan for Network Expansion

Philippines-based telcommunity Dito secured a 15-year $3.9 billion loan to fund the rollout of its network expansion through its parent company, Dito CME Holdings, from a group of multinational banks. The company announced that about $1.5 billion will be diverted towards repaying another loan ...

September 25, 2023

Philippines

EdgeConneX secures $403.8m sustainability-linked financing for Indonesia data center

EdgeConneX has shared that it has secured $403.8 million in sustainability-linked financing (SLF). This loan is for its 120MW data center campus development in Jakarta, Indonesia.The deal leverages EdgeConneX's Sustainability Strategy and will reportedly use offshore US dollar borrowing. It re...

September 14, 2023

EdgeConneX

Indosat Ooredoo Hutchison is considering selling its fiber assets for $1 billion.

Indosat Ooredoo Hutchison (IOH) is contemplating selling its Indonesian fiber assets. The Indonesian telco is reportedly assessing its strategy for its fiber business, as Bloomberg reported last week. The assets could be valued at more than $1 billion, according to Bloomberg, which reported in...

September 14, 2023

Indonesia

Axiata's tower subsidiary Edotco completes the acquisition of PLDT towers

Axiata Group is done with the transfer of the remaining towers from PLDT's subsidiaries to its Philippine subsidiary. Thus, the Malaysian company has finalized an agreement to acquire and lease back 2,710 sites. The company declared that the final transfer of the six sites under its agreement ...

September 11, 2023

Philippines

GIC seeks to raise capital for South Korean data center initiative

The sovereign wealth fund GIC of Singapore is soliciting funds for a data center outside Seoul, South Korea. According to Business Korea, institutional investors, such as GIC, are working with indigenous institutional investors, securities companies, and asset management firms to build a data ...

July 24, 2023

Singapore

Equinix, AirTrunk, Microsoft, and GDS are chosen by Singapore for an 80MW data center experiment

As Singapore looks to end a years-long prohibition on new developments, four data center operators have been given 80MW of capacity for new facilities. Since 2019, Singapore has imposed a ban on the construction of new data centers; however, previously authorized facilities were permitted to b...

July 14, 2023

Singapore

Bitdeer expands: Announces new data centers in Norway and Bhutan

In Bitdeer Technologies Group's latest operations update, it shared details about its upcoming expansion. Linghui Kong, Chief Executive Officer of Bitdeer, noted that its 100MW Gedu mining data center in Bhutan, for example, is almost complete and is expected to be delivered in July. Further t...

July 12, 2023

Singapore

New 200 MW facility on the way to the island of Borneo

In Kota Samarahan on the island of Borneo, a new data center is the planning stage. Set to offer 200 MW, the facility will be built by FutureData Sdn Bhd, a new company formed by Cyclect Group and TSG Group.The data center will be the first major facility on the island; it's pegged to be carbo...

June 26, 2023

Southeast Asia

PLDT constructing a 100MW data facility in Philippines

PLDT, a Philippine telecommunications company, is considering the construction of a 12th data center within the country. Victor S. Genuino, president and CEO of ePLDT, disclosed the company's intention to construct a new 100MW facility while delivering the keynote address at the W. Media Phili...

June 26, 2023

Philippines

Evolution DC and Central Pattana build Bangkok data center

Evolution Data Centres has partnered with Central Pattana PCL, a Thai property developer, to construct a new data center in Bangkok. Under the terms of the joint venture agreement, the two corporations will construct a 34MW carrier-neutral data center in central Bangkok, Thailand. Phase 1 of t...

June 13, 2023

Bangkok / Krung Thep

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