Data Center News

GlobalFoundries signs multi-year PPA with Keppel

GlobalFoundries has signed a multi-year 150MW Power Purchase Agreement with Keppel to procure renewable energy for the chip manufacturer’s Singapore site. Following this agreement, Keppel will provide GlobalFoundries with between 150 and 180MW of energy from May 2024. The companies said in a j...

January 11, 2024

Keppel Data Center REIT

Swiss Life Asset Managers acquires major stake in Telecom Infrastructure Partners

Investment firm Swiss Life Asset Managers this week entered an agreement with London-based InfraBridge, an infrastructure investment management division of DigitalBridge Group, to acquire a co-controlling equity stake in Telecom Infrastructure Partners (TIP). Gianfranco Saladino, head of value...

January 10, 2024

London

Keppel partners with Grid Beyond for BESS projects in Dublin facilities

Keppel has filed with the Fingal and South Dublin County Councils as it seeks to install battery energy storage at its data centers in the Irish capital. These storage systems for both facilities are to be provided by Grid Beyond Limited, which provides grid-connected battery technologies and ...

January 06, 2024

Keppel Data Center REIT

Singapore considers making data centers and clouds "critical infrastructure"

Singapore’s government is currently contemplating marking data centers and clouds as "critical infrastructure,” and extending oversight to cloud service providers and data center operators. A decision in this regard is expected to be made by January 15, 2024. Currently, the Cybersecurity Age...

December 22, 2023

Singapore

Seraya Partners reaches goal of $800 million APAC funding

Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, win...

December 14, 2023

Singapore

Mitratel acquires over 800 towers from Gametraco for $113 million

Jakarta-based PT Dayamitra Telekomunikasi Tbk (Mitratel) revealed last week that it recently acquired 803 towers from infrastructure operator PT Gametraco Tunggal for around $113 million. The Telkom Indonesia subsidiary noted that this acquisition includes 1.327 tenants, confirming that 562 ...

December 03, 2023

Jakarta

Ridge purchases UK data center consultancy Concert

Building consultancy Ridge recently acquired London-based Concert, a data center-focused consulting company, to boost its business in that sector. Both companies finalized this acquisition on November 3, but the terms of the transaction were not disclosed. Concert will operate under its curre...

November 18, 2023

London

ICG completes £125 million purchase of London DC portfolio

Asset management firm Intermediate Capital Group recently completed a £125 million purchase of offices and data center portfolio in London leased to UK telco Vodafone. The 260,000 square feet portfolio comprises five data centers which was initially acquired from British Land who announced the...

October 23, 2023

London

6Estates launches Nvidia DGX BasePOD for AI offerings

Singaporean large language model provider 6Estates recently launched an Nvidia DGX BasePOD based on Nvidia GCX H100 systems to develop its AI offerings. The company will use this BasePOD for its "Model Solutions" offering, which provides users with personalized large language models. The clust...

October 11, 2023

Singapore

Keppel DC Secures S$120 million SLL Credit Facility

The Keppel DC REIT Management Pte. Ltd. Board of Directors announced that one of its DC campuses recently secured a S$120 million (US$87.7m) sustainability-linked Islamic credit facility. The company didn’t reveal details relating to the loan providers, intended loan uses, or sustainability ta...

September 28, 2023

Keppel Data Center REIT

Thames Water considers restricting London data centers' water usage

Thames Water has announced that it is considering restricting data center water-use in London. The measure could reportedly include charging operators more at peak times and adding flow restrictors to pipes.Initially, the private utility undertook an assessment to get insight into how much wat...

July 27, 2023

London

GIC seeks to raise capital for South Korean data center initiative

The sovereign wealth fund GIC of Singapore is soliciting funds for a data center outside Seoul, South Korea. According to Business Korea, institutional investors, such as GIC, are working with indigenous institutional investors, securities companies, and asset management firms to build a data ...

July 24, 2023

Singapore

Equinix, AirTrunk, Microsoft, and GDS are chosen by Singapore for an 80MW data center experiment

As Singapore looks to end a years-long prohibition on new developments, four data center operators have been given 80MW of capacity for new facilities. Since 2019, Singapore has imposed a ban on the construction of new data centers; however, previously authorized facilities were permitted to b...

July 14, 2023

Equinix

Bitdeer expands: Announces new data centers in Norway and Bhutan

In Bitdeer Technologies Group's latest operations update, it shared details about its upcoming expansion. Linghui Kong, Chief Executive Officer of Bitdeer, noted that its 100MW Gedu mining data center in Bhutan, for example, is almost complete and is expected to be delivered in July. Further t...

July 12, 2023

Singapore

98MW data center facility planned outside Abbots Langley, Hertfordshire

Greystoke Land Ltd has applied to the Three Rivers District Council to demolish extant structures on a 33-hectare site north of Mansion House Farm through Bedmond Road in Abbots Langley to construct a data center campus. The company intends to construct two data center structures totaling up t...

July 05, 2023

London

Havering Friends of the Earth raise concerns over data center plans

Havering Friends of the Earth has voiced concerns over an application to build a data center on Green Belt land. Digital Reef is proposing a huge data center campus in East Havering, within a new 500-acre site, with 67% of the land dedicated to an "ecology park." The company has offered the co...

June 14, 2023

London

Singapore's IMDA establishes tropical data facility sustainability benchmark

Singapore has introduced a standard for maximizing the energy efficacy of data centers (DCs) in tropical regions. The Infocomm Media Development Authority (IMDA) standard recommends operating centers at higher temperatures to save energy on cooling. Dr. Janil Puthucheary, Singapore's Senior Mi...

June 09, 2023

Singapore

Keppel Corp. Advises Singapore to Switch to Greener Data Centers or Risk Losing Demand

The Keppel Corporation is requesting that authorities develop environmentally friendly data centers. According to Nikkei Asia, Wong Wai Meng, the chief executive officer of Keppel's data center division, warned that the nation's capacity limitation is insufficient to meet current demand. The c...

May 23, 2023

Keppel Data Center REIT

CLAR Intends to Acquire The Seagate Singapore R&D Facility And Data Center

CapitaLand Ascendas REIT (CLAR) is seeking to acquire Seagate Singapore's research and development facility, which includes a data center, for $163.14 million. The facility, known as 'The Shugart' and located in the one-north district of Singapore, was constructed only eight years ago and was ...

May 19, 2023

Singapore

Macquarie Data Centres and Console Connect partner for new Point of Presence in Sydney

Macquarie Data Centers has announced that it has partnered with Console Connect to add a new Point of Presence in Sydney. Through the partnership, Console Connect’s Network-as-a-Service (NaaS) platform will be available at the Macquarie Data Centres campus in Macquarie Park, Sydney. The two ha...

May 03, 2023

Sydney

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