Princeton Digital Group (PDG), Asia Pacific’s leading data center operator, has signed a definitive agreement with Stonepeak in which the firm will make a preferred equity investment of $1.3 billion in PDG to support its continued expansion across Asia Pacific.
This investment follows PDG’s recently announced $1.2 billion debt financing. Together, Stonepeak’s investment and the recent debt financing bring the total capital raised by PDG in 2025 to $2.5 billion across equity and debt, reinforcing the company’s position as a leading provider of hyperscale infrastructure in Asia.
PDG has a current portfolio of more than 1.1 gigawatts across six countries. It is considered the region’s largest and fastest-growing data center platforms, according to a statement. Other investors include Warburg Pincus, Ontario Teachers’ Pension Plan, Mubadala and now Stonepeak.
Stonepeak’s long-term capital will support the company’s next phase of growth, includi
