ST Telemedia Global Data Centres (STT GDC) Data Center News

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

STT GDC India names Bimal Khandelwal as new CEO

ST Telemedia Global Data Centres (STT GDC) has appointed Bimal Khandelwal as the new CEO of its India business. He has previously served as the CFO for STT GDC India. Prior to that, he worked in the telecoms, financial services, and IT sectors, including at Tata Teleservices. He is to succeed ...

September 17, 2024

Abdul-Rahman Oladimeji

ST Telemedia Global Data Centres (STT GDC)

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

STT GDC to pilot AI data center cooling control system

ST Telemedia Global Data Centres (STT GDC) has annunced plans to pilot an artificial intelligence-based autonomous control system for cooling. Daniel Pointon, group CTO at STT GDC, said: “Combining our expertise in delivering AI-ready data centers across major economic hubs with Phaidra’s in...

August 31, 2024

Abdul-Rahman Oladimeji

ST Telemedia Global Data Centres (STT GDC)

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

PAG and Ayala JV secure $41.1m loan for data center buildout in the Philippines

A-Flow Properties I Corp. (A-Flow), a joint venture between Ayala Land, Inc. and PAG’s Flow Digital Infrastructure has secured P2.4 billion ($41.1m) loan agreement to fund the development of a data center outside Manila, the Philippines. This loan is to be used for the initial phase of the ...

July 18, 2024

Abdul-Rahman Oladimeji

Philippines

STT GDC expands into Vietnam

ST Telemedia Global Data Centres (STT GDC) is expanding into Vietnam and has announced a joint venture partnership with Vietnamese technology company VNG Corporation for the “development, construction, and operation of data center projects in Ho Chi Minh City.”“We are thrilled to partner with ...

May 18, 2024

Abdul-Rahman Oladimeji

ST Telemedia Global Data Centres (STT GDC)

PLDT secures green loan for fiber network expansion

Philippines Long Distance Telephone Company (PLDT) has secured a green loan from Metropolitan Bank & Trust Co. (Metrobank) worth 4 billion pesos ($69 million). Proceeds from the loan will be used toward expanding PLDT's fiber footprint, as it seeks to "narrow the country's digital divide, ...

May 08, 2024

Abdul-Rahman Oladimeji

Philippines

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

Philippines conglomerate SMIC explores move into data centers

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 pres...

March 07, 2024

Abdul-Rahman Oladimeji

Philippines

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

Virtus reveals plans for new campus in Buckinghamshire, UK

UK data center company Virtus, owned by STT GDC and Macquarie Asset Management, announced plans for a new campus in Saunderton, Buckinghamshire, as it revealed the acquisition of a 50-acre plot in the village, located near High Wycombe and north of existing data center hub Slough. Virtus CEO N...

February 20, 2024

Abdul-Rahman Oladimeji

ST Telemedia Global Data Centres (STT GDC)

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

ST Telemedia GDC raises $338 million in SLP securities

Singapore's ST Telemedia Global Data Centres (STT GDC) announced this week that it has raised $338.14 million in sustainability-linked perpetual securities. This loan falls under the company's $1.13bn multicurrency debt issuance program will be used for "general corporate purposes" such as th...

January 11, 2024

Abdul-Rahman Oladimeji

ST Telemedia Global Data Centres (STT GDC)

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

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

Abdul-Rahman Oladimeji

Singapore

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

Abdul-Rahman Oladimeji

Jakarta

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