Singapore’s Digital Edge Raise $1.6 Billion in Funding

Digital Edge (Singapore) Holdings Pte Ltd., a leading developer and operator of interconnection and hyper-scale edge data centres across Asia and portfolio company of Stonepeak, a leading alternative investment firm specialised in infrastructure and real assets, on Monday announced that it has raised over $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 centres with over 500 MW of critical IT load in service and under construction and development, with another 300 MW held for future development, across strategic locations in Japan, Korea, India, Malaysia, Indonesia, and the Philippines.

In October last year, Digital Edge opened its third data centre in Korea, known as SEL2 and the 36 MW SEL2 facility is the first building in its 100 MW Incheon campus in Seoul, the company said in an official release.

This followed the expansion of Digital Edge’s Jakarta footprint with the opening of its 23 MW EDGE2 facility earlier in the year. Looking forward, Digital Edge is set to open the first facility in its 300 MW campus in Navi Mumbai in India in the second quarter of 2025, as well as a hyper-scale edge facility in downtown Tokyo known as TY07, its ninth data centre facility in Japan.

Perfect Track Record           

Digital Edge Chairman and senior Managing Director at Stonepeak Andrew Thomas said that the level of interest received from existing and new investors is testament to their company’s proven track record, expansion capacity, and relentless focus on delivering for its customers across the Asia Pacific region.

He also said that since making the founding investment in Digital Edge in 2020, Stonepeak has been proud to support the platform’s expansion into six countries and a truly pan-APAC footprint.

Digital Edge CEO Samuel Lee said that this was a major milestone for Digital Edge and an affirmation of the quality of this platform and his team.

Headquartered in Singapore, Digital Edge, through building and operating state-of-the-art, energy-efficient data centres rich with connectivity options, Digital Edge aims to bring new colocation and interconnect options to the Asian market, making infrastructure deployment in the region easy, efficient and economical.

Backed by leading alternative investment firm Stonepeak, Digital Edge has established itself as a market-leading pan Asia data centre platform. The company provides data centre and fiber services across Asia.