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Home | IT | Data Centres and Virtualization

Digital Edge Secures $1.6 Billion to Boost Asian Data Center Expansion

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by Maison Edwards
January 8, 2025
Digital Edge Secures $1.6 Billion to Boost Asian Data Center Expansion

Digital Edge, a prominent data center developer and operator in Asia, has announced a substantial capital influx exceeding $1.6 billion to fuel its ambitious growth plans. This funding package comprises $640 million in equity investment from a mix of existing and new investors, alongside an additional $1 billion in debt financing aimed at supporting several campus expansions. Since its establishment in 2020, Digital Edge has successfully grown its portfolio to encompass 21 data centers with a combined critical IT load surpassing 500 megawatts (MW), and with further construction underway, the company has its sights set on an additional 300 MW for future development.

The strategically positioned data centers span key Asian markets including Japan, Korea, India, Malaysia, Indonesia, and the Philippines, positioning Digital Edge as a crucial player in the region’s data infrastructure landscape. In its latest developments, the company has officially opened its 23MW EDGE2 facility in Jakarta and is on track to launch the first facility within a 300MW campus in Navi Mumbai by the second quarter of 2025. Other upcoming projects include a hyperscale edge facility in downtown Tokyo and Digital Edge’s ninth data center in Japan, set to open their doors soon.

This infusion of capital is set to significantly accelerate Digital Edge’s expansion efforts, enabling the company to meet the rapidly growing demand for cloud and artificial intelligence solutions among its customers in Asia. The announcement not only reinforces Digital Edge’s strong growth trajectory but also highlights its dedicated focus on penetrating further into key markets within the region. By bolstering its presence and capabilities, Digital Edge aims to address the increasing needs for sophisticated data infrastructure and maintain its competitive edge in the ever-evolving tech landscape.

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