(1)
PDG well on its way to a portfolio of 600 MW, an unrivalled footprint in Asia
TOKYO, June 29, 2021 - (JCN Newswire) - Singapore-based Princeton Digital Group (PDG), Asia s leading data center provider, today announced its plan to build one of the largest hyperscale facilities in Tokyo, Japan, with a total investment value of USD 1 Billion. Japan is the fifth market that the company has entered in since its formation 4 years ago. With this investment, PDG marks a major milestone in its plan to build a 600 megawatts (MW) portfolio across the region.
The new campus at Saitama City will have close to 100 MW of critical IT capacity across two phases of 48.5 MW each. Saitama City is one of the major commercial centers of the Greater Tokyo area. Located 30 km north of central Tokyo, the PDG Saitama campus has a total land area of 33,047 m2. The facility is designed to serve leading hyperscalers in Japan, one of the most dynamic cloud markets in the world.
Warburg Pincus-backed Princeton Digital to invest $1 bln in Japan data centre Reuters 3 hrs ago
SINGAPORE, June 29 (Reuters) - Singapore-based Princeton Digital Group (PDG), backed by private equity firm Warburg Pincus, said on Tuesday it was investing $1 billion to build a data centre facility in Japan, marking the company s foray into its fifth market.
Popular Searches
The new campus at Saitama City, a commercial center in the Greater Tokyo area, will have close to 100 megawatts (MW) of capacity across two phases of 48.5 MW each, the company said.
The Japan campus will be fully operational by the end of 2023 or early 2024, Chief Executive Rangu Salgame told Reuters.
By Reuters Staff
2 Min Read
SINGAPORE (Reuters) - Singapore-based Princeton Digital Group (PDG), backed by private equity firm Warburg Pincus, said on Tuesday it was investing $1 billion to build a data centre facility in Japan, marking the company’s foray into its fifth market.
The new campus at Saitama City, a commercial center in the Greater Tokyo area, will have close to 100 megawatts (MW) of capacity across two phases of 48.5 MW each, the company said.
The Japan campus will be fully operational by the end of 2023 or early 2024, Chief Executive Rangu Salgame told Reuters.
The new facility will take PDG’s capacity to 450 MW. PDG, which was formed in 2017, already has 18 data centres across 4 countries - China, Singapore, Indonesia and India.
streetAsia s premium subscription service Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. SUBSCRIBE NOW
Singapore Reporter/s
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi
Princeton to build $1bn data centre in Japan capacitymedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capacitymedia.com Daily Mail and Mail on Sunday newspapers.