Alpha Data Centre Fund, managed by Keppel Capital’s wholly-owned subsidiary Alpha Investment Partners, has agreed to acquire a 100 percent shareholding interest in Huizhou Bike Property Co., a fully-owned subsidiary of Country Garden Holdings Co.
Huizhou Bike will own a greenfield data center development strategically located in the Tonghu Smart City in Huizhou, Guangdong Province, China. Alpha DC Fund, which is managed by Alpha Investment Partners, will invest approximately 1.5 billion yuan ($214 million) to acquire Huizhou Bike and to develop the data center. Chinese property developer Country Garden will undertake the construction of the core and shell of the facility.
In addition, Keppel Data Centres will also collaborate with local data center operator, Shenzhen Huateng Smart Technology Co. to implement global best practices for data center operations at the facility.
When fully developed, the data center in Huizhou will fit more than 6,000 high-density r
