Digital Edge (Singapore) Holdings Pte Ltd. has raised more than $1.6 billion in new capital through a combination of equity and debt financing to fuel its next phase of growth.
The capital raise includes approximately $640 million of equity investment from both existing and new investors as well as $1 billion of total debt financing across multiple campus expansions. The equity raise was significantly oversubscribed and welcomes some of the world’s largest institutional investors and sovereign wealth funds as new co-investors.
The growth capital will accelerate Digital Edge’s expansion to meet the increasing and nuanced cloud and AI demands of its customers across the region. Digital Edge was established in early 2020 and now owns and operates 21 data centers with more than 500 megawatts of critical IT load in service and under construction and development, with another 300 megawatts held for future development, across strategic locations in Japan, Korea, India, Ma