The capital raise includes approximately US$640 million of equity investment from both existing and new investors as well as US$1 billion of total debt financing across multiple campus expansions.
Digital Edge says the equity raise was significantly oversubscribed, and that the growth capital will accelerate the company’s expansion to meet the increasing and ‘nuanced’ cloud and artificial intelligence 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.
As we reported, the expansion of Digital Edge’s Jakarta footprint took place with the opening of its 23MW EDGE2 facility earlier in 2024. It is set to open the first facility in its 300MW campus in Navi Mumbai in India in Q2 of 2025, as well as a hyperscale edge facility in downtown Tokyo, its ninth data centre facility in Japan. Its third data centre in Korea opened recently.
