Digital Edge raises over US$1.6 billion in new equity and debt capital to fund continued platform expansion

  • The capital includes US$640 mil in equity and US$1 bil in debt for expansions
  • Investment will drive expansion to meet growing cloud, AI demands across APAC

Digital Edge (Singapore) Holdings Pte Ltd., a leading developer and operator of interconnection and hyperscale edge data centers across Asia and a portfolio company of Stonepeak, a leading alternative investment firm specialising in infrastructure and real assets, has secured over US$1.6 billion (RM7.2 billion) in new capital through a combination of equity and debt financing to fuel its next growth phase.

The capital includes US$640 million (RM2.8 billion) in equity from both existing and new investors, alongside US$1 billion (RM4.5 billion) in debt financing for campus expansions. The equity raise was significantly oversubscribed, attracting some of the world’s largest institutional investors and sovereign wealth funds as new co-investors.

The growth capital will accelerate Digital Edge’s expansion to meet the increasing and nuanced cloud and AI demands of its customers across the region. Digital Edge was established in early 2020 and now owns and operates 21 data centers with over 500 MW of critical IT load in service and under construction and development, with another 300 MW held for future development, across strategic locations in Japan, Korea, India, Malaysia, Indonesia, and the Philippines.

In October, the company launched its third data centre in Korea, SEL2, a 36MW facility at its 100MW Incheon campus in Seoul. Earlier, it expanded its Jakarta operations with the 23MW EDGE2 facility. Upcoming projects include a 300MW campus in Navi Mumbai by Q2 2025 and TY07, its ninth facility in Japan, in downtown Tokyo.

“The level of interest received from existing and new investors is testament to Digital Edge’s proven track record, expansion capacity, and relentless focus on delivering for our customers across the Asia Pacific region,” said Andrew Thomas, chairman of Digital Edge and a senior managing director at Stonepeak. “Since making the founding investment in Digital Edge in 2020, Stonepeak has been proud to support the platform’s expansion into six countries and a truly pan-APAC footprint.”

Samuel Lee, CEO of Digital Edge commented, “This is a major milestone for Digital Edge and an affirmation of the quality of this platform and our team. We are very proud of what we have achieved and are excited to deliver on the next phase of AI-ready data center developments.”

“We would like to thank our investors and financing partners for their continued support and confidence in Digital Edge’s strategy,” said John Freeman, president of Digital Edge. “This efficient and flexible funding will accelerate the continued execution of our vision, enabling us to further build-out our digital infrastructure to better meet our customers’ cloud, AI, and interconnection requirements.” 

 


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