Digital Edge: Raising the Bar with $1.6 Billion in New Funding
Deal News | Jan 06, 2025 | Stonepeak
Digital Edge (Singapore) Holdings Pte Ltd., a Stonepeak portfolio company, has successfully secured over $1.6 billion in new capital through equity and debt financing, aimed at further expanding its network of data centers across Asia. The capital raise included $640 million from equity investments and $1 billion from debt financing, targeting growth to meet increased cloud and AI demand. Digital Edge has expanded its operations across strategic locations such as Japan, Korea, India, Malaysia, Indonesia, and the Philippines and plans to continue this growth. Noteworthy developments include the opening of additional data centers in Seoul, Jakarta, Navi Mumbai and Tokyo. Key leadership from Digital Edge commented on the importance of these investments for achieving the company's ambitious expansion goals.
Sectors
- Data Centers
- Private Equity
Geography
- Asia – Digital Edge's expansion and operations are primarily focused across several key Asian countries, including Japan, Korea, India, Malaysia, Indonesia, and the Philippines.
- Singapore – Digital Edge is headquartered in Singapore, marking a significant geographical focus for the company and its strategic operations.
Industry
- Data Centers – The article is centered on Digital Edge, a leading developer and operator of interconnection and hyperscale edge data centers across Asia.
- Private Equity – Stonepeak, as a significant backer and alternative investment firm, specializes in infrastructure and real assets, which are central to the article's context.
Financials
- $1.6 billion – The total amount raised by Digital Edge in new equity and debt capital to fund expansion.
- $640 million – Amount raised through equity investment from existing and new investors.
- $1 billion – Total amount of debt financing secured for campus expansions.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Digital Edge (Singapore) Holdings Pte Ltd. | Target Company | Company | A data center platform company focused on transforming digital infrastructure in Asia, expanding its operations across several Asian countries. |
| Stonepeak | Private Equity Firm | Company | An alternative investment firm specializing in infrastructure and real assets, supporting Digital Edge in its strategic growth. |
| Andrew Thomas | Chairman | Person | Chairman of Digital Edge and Senior Managing Director at Stonepeak. |
| Samuel Lee | Chief Executive Officer | Person | CEO of Digital Edge, commenting on the significance of the new funding. |
| John Freeman | President | Person | President of Digital Edge, emphasizing the support received from investors. |