March 07, 2024 Philippines
Philippines conglomerate SM Investments Corporation (SMIC) announced that it is looking at moving beyond retail redevelopment into data centers, and is planning at least one development in Batangas, south of Philippines capital Manila. SMIC president and CEO Frederic DyBuncio said to the press,...
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March 05, 2024 Singapore
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...
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March 04, 2024 Indonesia
Cable operator and Citramas Group BW Digital this week announced that it has acquired a new land for data center construction and has signed a memorandum of understanding (MoU) for the ‘joint development of a carrier-neutral digital ecosystem’ in Batam’s Nongsa Digital Park (NDP), which Citramas...
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February 27, 2024 Malaysia
APAC operator Bridge Data Centres has revealed new plans for further expansion in Malaysia with a new facility in Cyberjaya. The ChinData subsidiary said the project will offer 87MW across three phases, with the first two phases involving the construction of a three-story data center. “We are...
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February 27, 2024 Singapore
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...
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February 21, 2024 Malaysia
GDS this week announced a 21-year Virtual Power Purchase Agreement (VPPA) with Malaysian renewable energy firm, Cenergi SEA Berhad (Cenergi), under Malaysia’s Corporate Green Power Programme (CGPP). Under the agreement, GDS has subscribed to 22.5MWac of renewable power for its Nusajaya Tech Park...
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February 09, 2024 Singapore
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...
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December 22, 2023 Singapore
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 Agency...
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December 14, 2023 Singapore
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, wind,...
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December 08, 2023 Malaysia
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...
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December 04, 2023 Malaysia
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 that...
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December 03, 2023 Jakarta
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 of...
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November 03, 2023 Batam
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...
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October 27, 2023 Vietnam
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...
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October 11, 2023 Singapore
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 cluster...
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October 02, 2023 Philippines
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...
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September 25, 2023 Philippines
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...
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September 14, 2023 Indonesia
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...
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September 14, 2023 Indonesia
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...
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September 11, 2023 Philippines
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...
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