Digital Edge (Singapore) Holdings has raised over US$1.6 billion in new capital through a combination of equity and debt financing to fuel its next phase of growth.
The capital raise includes US$640 million of equity investment from both existing and new investors as well as US$1 billion of total debt financing across multiple campus expansions.
The equity raise was significantly oversubscribed, and welcomed 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.
“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.
“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,” said John Freeman, president of Digital Edge.
Digital Edge was established in early 2020 and now owns and operates 21 data centres 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 2024, Digital Edge opened its third data centre in South Korea, known as SEL2. The 36-MW SEL2 facility is the first building in its 100-MW Incheon campus in Seoul. This followed the expansion of Digital Edge’s Jakarta footprint with the opening of its 23-MW EDGE2 facility earlier in the year.
Moving forward, Digital Edge is set to open the first facility in its 300-MW campus in Navi Mumbai in second quarter of 2025, as well as a hyperscale edge facility in downtown Tokyo known as TY07 — its ninth data centre facility in Japan.
