A consortium led by global investment firm KKR and Singtel has completed its acquisition of STTGDC, marking a pivotal moment for the data centre platform, which has unveiled a refreshed global brand to signal its next phase of growth. The transaction, announced today, provides STTGDC with long-term capital, increased financial flexibility, and the backing of the consortium's global infrastructure expertise, enabling the company to scale its AI-ready digital infrastructure offerings while maintaining continuity in strategy, leadership, and customer commitment.

The deal is the latest in a broader wave of private-capital investment into Asian data centres, as infrastructure investors and telecom operators seek exposure to surging compute demand driven by cloud adoption and artificial intelligence. For Singtel, a Singapore telecommunications group, the acquisition deepens its participation in digital infrastructure alongside its regional associates, while KKR adds to a global infrastructure portfolio spanning data centres, telecom assets, and other critical infrastructure.

Retaining its name, STTGDC's new brand is anchored in the concept of "Built Ready," reflecting its focus on delivering reliable, resilient, and AI-ready infrastructure across Asia, the United Kingdom, and Europe. Bruno Lopez, President and Group CEO of STTGDC, described the completion as "the most important turning point in STTGDC's evolution since we founded the company more than 12 years ago." He emphasized that the investment enhances the company's capacity to grow and execute at scale while staying true to the values that have defined its journey, particularly as digital infrastructure becomes increasingly critical to economies, businesses, and communities.

The company enters this new chapter with strong operational momentum. Since the end of 2025, operational capacity has increased by 25% to 780MW, contracted capacity has grown by 50%, and annualised EBITDA has risen by 30%, reflecting sustained demand from hyperscalers, cloud service providers, AI customers, and enterprises across its markets. This growth underscores the industry's central challenge: converting demand into delivered capacity, which requires coordinated planning across power, cooling, design, supply chains, financing, and local market conditions, along with the discipline to operate mission-critical infrastructure reliably.

STTGDC's growth strategy remains focused on markets where customer requirements, power availability, infrastructure readiness, policy alignment, and long-term fundamentals support responsible development. With close to 2GW of powered land secured for assets under construction and pipeline development, the company is well positioned to convert customer demand into delivered capacity. Its global platform capabilities and local execution experience enable it to navigate distinct operating conditions in each market.

In India, STTGDC operates 34 data centres across 10 cities, with more than 613MW of IT capacity, and is strategically scaling its IT load to support the country's expanding digital economy. In Indonesia, the company is advancing a development pipeline of more than 360MW of AI-ready IT capacity backed by secured power at its Jakarta campus. Singapore remains strategically important, with STTGDC selected to develop 50MW of sustainable, AI-ready data centre capacity, contributing to the nation's goals as a trusted hub for AI and digital infrastructure. The Singapore allocation reflects the city-state's deliberate approach of capping and allocating data centre capacity through pilot programmes, which has made secured capacity a scarce and valuable asset for operators.

Responsible growth remains integral to STTGDC's operations. The company has already surpassed its 2028 carbon intensity reduction target three years ahead of schedule, with 83.2% of its electricity consumption sourced from renewable energy. Alongside environmental commitments, STTGDC works closely with governments, customers, and communities to address local priorities and maintain its social licence to operate.

Source: Citybuzz