Digital Edge DC: Digital Edge plans 300MW data center in Navi Mumbai, India
Jan 09, 2023 | Posted by MadalineDunn
Digital Edge has announced that it is expanding into India, with the addition of a new 300MW, 47-acre hyperscale facility in Navi Mumbai. This development is part of a partnership between the Singaporean company, National Investment and Infrastructure Fund (NIIF) and AGP DC InvestCo Pte Ltd (AGP) that plans to develop a pan-India portfolio of hyperscale data centers.
Work will begin on the facility in early 2023 and when construction is complete, the data center will be fully operated by and marketed by Digital Edge DC. According to reports, the facility will see an investment of $2 billion.
Speaking about the project, Samual Lee, Digital Edge CEO, said that the project is a key milestone in the company’s growth journey and that the addition is a move that adds “breadth and depth” to its regional platform, which now spans 16 data centers across six Asian markets. Lee added: “NIIF and AGP bring solid local know-how to our data center expertise, making a strong combination when it comes to executing the project at speed and to international standards.”
Meanwhile, Andrew Thomas, senior managing director at Stonepeak, said: “We believe that this is an opportune time for Digital Edge to enter the market in Navi Mumbai. Critical data center infrastructure has a long runway for growth in the country as India’s digital economy continues to rapidly expand. We have been excited to partner with the Digital Edge team since the platform’s inception in 2020 and, in NIIF and AGP, we have found ideal partners to expand into India.”
Ben Salmon, the founding partner of AGP, commented: “AGP is excited to be partnering with Digital Edge and NIIF for the build out of this new Indian data center platform. The collaboration of skill sets between the partners positions us well to support the much needed expansion of India’s critical digital infrastructure and deliver to the high standards of hyperscale customers.”