Digital Edge (Singapore) Holdings Pte Ltd, a developer and operator of interconnection and hyperscale edge data centers in Asia, has raised over $1.6 billion in new capital through a combination of equity and debt financing.
The capital raise will support the company’s next phase of growth, as it seeks to meet increasing demand for cloud and AI-driven services in the region, according to the announcement.
The funding includes approximately $640 million in equity investments from existing and new institutional investors, including sovereign wealth funds, alongside $1 billion in debt financing to support multiple campus expansions.
The equity round was significantly oversubscribed, highlighting strong investor confidence in Digital Edge’s growth potential.
Digital Edge, a portfolio company of alternative investment firm Stonepeak, operates 21 data centers across Asia, delivering over 500 MW of critical IT load. It also holds another 300 MW for future development across key markets, including Japan, Korea, India, Malaysia, Indonesia, and the Philippines.
The company has made significant strides in expanding its footprint. In October, Digital Edge launched its 36 MW SEL2 facility, the first building of a planned 100 MW campus in Incheon, South Korea.
Earlier this year, it inaugurated the 23 MW EDGE2 facility in Jakarta, Indonesia. Future projects include a 300 MW campus in Navi Mumbai, India, scheduled to open in Q2 2025, and a hyperscale edge facility in Tokyo, TY07, the company’s ninth data center in Japan.
Andrew Thomas, Chairman of Digital Edge and Senior Managing Director at Stonepeak, credited the strong investor response to the company’s track record and commitment to customers. “Since our founding investment in 2020, Digital Edge has expanded into six countries, establishing a pan-Asia footprint,” he said.
Samuel Lee, CEO of Digital Edge, described the financing as a significant milestone. “This underscores the quality of our platform and team. We are excited to deliver the next phase of AI-ready data center developments,” he said.
John Freeman, President of Digital Edge, highlighted the flexibility of the funding structure. “This capital will accelerate our ability to meet the evolving needs of our customers across cloud, AI, and interconnection services,” he said.
Established in 2020 and headquartered in Singapore, Digital Edge aims to transform digital infrastructure in Asia through energy-efficient, connectivity-rich data centers. Backed by Stonepeak, the company has emerged as a market leader in the region’s data center industry.
Business News Asia
