Warburg Pincus in partnership with DC Connects, a South Korean data center developer, and Wide Creek AMC, a Seoul-based asset manager, has acquired a greenfield site in Yongin City to develop an 80-megawatt hyperscale data center. Construction has officially commenced following the groundbreaking of the landmark project.
The nearly 58,000-square-meter (624,000-square-foot) facility is strategically located in close proximity to Gangnam and Pangyo, often referred to as the “Silicon Valley of South Korea” — home to major technology firms with strong demand for hyperscale data centers. Designed to meet the highest international standards, the data center facility will feature a high-efficiency air- and liquid-cooling system capable of supporting high-density artificial intelligence (AI) applications ranging from 60–200 kilowatts. Equipped with fan walls and coolant distribution units (CDUs), the facility will be fully prepared to meet the needs of global cloud service