SINGAPORE, Sept 11 (Reuters) - Vantage Data Centers said
on Thursday it has secured a $1.6 billion investment led by an
affiliate of GIC and a unit of Abu Dhabi Investment Authority to
scale up Asia-Pacific operations, including the purchase of a
data centre campus in Malaysia.
The U.S.-based company in a statement said the funding will
support its acquisition of Yondr Group's hyperscale campus in
Johor's Sedenak Tech Park in Malaysia.
It said the site, which will deliver more than 300 megawatts
of IT capacity, will bring Vantage Asia-Pacific's capacity to 1
gigawatt.
The investment underscores rising demand for digital
infrastructure in the region, driven by artificial intelligence
and cloud computing, it said.
Both GIC and ADIA are existing investors in Vantage Data
Centers, which is backed by digital infrastructure investment
firm DigitalBridge ( DBRG/PJ ).
Founded in 2010, Vantage Data Centers operates hyperscale -
or very large - data centre campuses across five continents, its
website showed.
The investment and the Johor campus acquisition are set to
close in the fourth quarter, Thursday's statement showed.