Digital Edge has secured over US$1.6 billion to accelerate expansion.
Takeaway Point
- Digital Edge has secured over US$1.6 billion to accelerate expansion.
- The company welcomed some of the world’s largest institutional investors and sovereign wealth funds as new co-investors.
- Digital Edge is a trusted and forward-looking data center platform company, established to transform digital infrastructure in Asia.
How much did Digital Edge raise?
Digital Edge 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 specializing in infrastructure and real assets, on Monday announced that it 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 raised was approximately $640 million of equity investment from both old and new investors, as well as $1 billion of total debt financing across multiple campus expansions, and welcomed some of the world’s largest institutional investors and sovereign wealth funds as new co-investors, the company said.
Andrew Thomas, Chairman of Digital Edge and a Senior Managing Director at Stonepeak, while commenting about the raise, said, “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. 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.”
John Freeman, President of Digital Edge, commented, “We would like to thank our investors and financing partners for their continued support and confidence in Digital Edge’s strategy. 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.”
Digital Edge data centers
According to the report, last October, the company opened its third data center in Korea, known as SEL2. The 36MW SEL2 facility is the first building in its 100MW Incheon campus in Seoul. This followed the expansion of Digital Edge’s Jakarta footprint with the opening of its 23MW EDGE2 facility earlier in the year. Looking forward, Digital Edge is set to open the first facility in its 300MW campus in Navi Mumbai in Q2 of 2025, as well as a hyperscale edge facility in downtown Tokyo known as TY07, its ninth data center facility in Japan.
About Digital Edge
Headquartered in Singapore, Digital Edge is a trusted and forward-looking data center platform company, established to transform digital infrastructure in Asia. Through building and operating state-of-the-art, energy-efficient data centers rich with connectivity options, Digital Edge aims to bring new colocation and interconnect options to the Asian market, making infrastructure deployment in the region easy, efficient and economical.
Backed by leading alternative investment firm Stonepeak, Digital Edge has established itself as a market-leading pan-Asia data center platform. The company provides data center and fiber services across Asia, with a presence in Japan, Korea, India, Malaysia, Indonesia and the Philippines.
