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Investors - SEPTEMBER 28, 2022

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Evolution partners with Warburg Pincus to develop sustainable data centers in Southeast Asia

by Andrea Zander

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.

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