Evolution Data Centres (EDC) has entered into a programmatic joint venture with affiliates of Warburg Pincus (WP) for the development of sustainable hyper-scale data centers in the fast-growing cloud markets within Southeast Asia.
As part of the joint venture, WP will be committing capital from its maiden asset-level Asia real estate fund, which successfully closed with committed capital of $2.8 billion in late 2021.
“This funding will help us realize our vision of being the leading sustainable data center provider in the region,” said Darren Webb, co-founder and CEO of EDC.