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Zero Two joins Warburg Pincus as co-owner of Southeast Asia's Evolution Data Centres
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Zero Two joins Warburg Pincus as co-owner of Southeast Asia's Evolution Data Centres
Aug 11, 2025 9:33 PM

SINGAPORE, Aug 12 (Reuters) - Abu Dhabi-based digital

infrastructure firm Zero Two has invested in Evolution Data

Centres to join private equity firm Warburg Pincus as co-owner

of the Southeast Asia-focused data centre platform, the

companies said on Tuesday.

Details of the transaction were not disclosed in the

statement issued by the companies. Zero Two is part of sovereign

wealth fund Abu Dhabi Developmental Holding Company PJSC or ADQ.

The investment marks Zero Two's first foray into Southeast

Asia since its launch in 2022 and will provide long-term growth

capital to accelerate Evolution's rollout of hyperscale-ready

and renewable-powered data centres across the region, the

statement said.

Warburg Pincus invested in Evolution in 2022 via a joint

venture. Since then, Evolution has expanded its portfolio across

Thailand, the Philippines and Vietnam, the statement said.

Darren Webb, CEO and co-founder of Evolution, said Zero

Two's entry as a strategic investor would accelerate Evolution's

mission to deliver sustainable, high-performance digital

infrastructure across Southeast Asia.

Zero Two CEO Ahmed Al Hameli said the partnership aligned

with the firm's strategy to deploy long-term capital.

"We see a high growth trajectory in modern data centre

capacity at scale across Southeast Asia's significantly

underserved markets, where cloud and AI demand is rising

rapidly," Andrew Fitzpatrick, Warburg Pincus' Principal, said.

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