Completion
strengthens STTGDC's ability to scale AI-ready digital infrastructure,
building on strong operating momentum while maintaining continuity of
strategy, leadership and customer commitment
SINGAPORE -
Media OutReach Newswire
- 2 September 2026 - STTGDC today announced the completion of its
acquisition by a KKR-led consortium comprising funds managed by global
investment firm KKR and Singtel, and unveiled a refreshed global brand,
marking the beginning of the company's next chapter as a global digital
infrastructure platform.
The transaction strengthens STTGDC's ability to execute a strategy
already in motion, with long-term capital, increased financial
flexibility and the consortium's global infrastructure experience
providing continued growth and momentum. Customers will continue to be
served by the same leadership team, operating discipline and long-term
commitment that have underpinned the company's growth for more than a
decade.
Retaining the STTGDC name, the refreshed brand reflects the scale,
capabilities and global platform the company has built over more than a
decade. It is anchored in
Built Ready, expressing STTGDC's focus on delivering the
reliable, resilient and AI-ready infrastructure required by customers
across Asia, the United Kingdom and Europe.
"Today marks the most important turning point in STTGDC's evolution since we founded the company more than 12 years ago," said
Bruno Lopez, President and Group CEO of STTGDC. "The completion
of this transaction signals the beginning of a new chapter for our
company. We have spent over a decade building a global platform with the
scale, capabilities and operating discipline needed to support the next
generation of cloud and AI growth. With the KKR-Singtel consortium's
investment, we have greater capacity to grow and execute at scale while
remaining true to the values and customer commitment that have defined
STTGDC from its inception. Our refreshed brand reflects both the company
we have become and the responsibility we carry as digital
infrastructure becomes increasingly critical to economies, businesses
and communities. Built Ready is our commitment to delivering the
critical infrastructure our customers need to grow with confidence,
while building responsibly and sustaining the trust of governments,
customers and communities."
STTGDC enters this phase with strong operating momentum and a
substantial development pipeline. Since the end of 2025, operational
capacity has increased by 25% to 780MW. In addition, contracted capacity
has grown by 50% and annualised earnings before interest, taxes,
depreciation, and amortisation (EBITDA) has risen by 30%[1], reflecting
continued demand from hyperscalers, cloud service providers, AI
customers and enterprises across its markets.
As AI changes the scale, density and complexity of data centre
development, the industry's defining challenge is increasingly the
ability to convert demand into delivered capacity. This requires more
than capital or land. It depends on coordinated planning across power,
cooling, design, supply chains, financing and local market conditions,
together with the discipline to deliver and operate mission-critical
infrastructure reliably.
STTGDC's growth strategy remains focused on markets where customer
requirements, power availability, infrastructure readiness, policy
alignment and long-term fundamentals support responsible development.
With close to 2GW of powered land secured for assets under construction
and pipeline development, the company is well positioned to convert
customer demand into delivered capacity. Its global platform
capabilities and local execution experience enable it to navigate the
distinct operating conditions in each market.
This approach guides STTGDC's growth and investment across its global portfolio.
In India, STTGDC has 34 data centres across 10 cities and more than
613MW of IT capacity. The company is strategically scaling its IT load
capacity to support the country's expanding digital economy.
In Indonesia, STTGDC has been
expanding its Jakarta campus,
advancing a development pipeline of more than 360MW of AI-ready IT
capacity backed by secured power. Recent development milestones continue
to strengthen the company's ability to support Indonesia's growing
cloud, AI and digital infrastructure requirements.
Singapore remains strategically important. The selection of
STTGDC to develop 50MW of sustainable, AI-ready data centre capacity
will support Singapore's continued development as a trusted and
resilient hub for AI, digital infrastructure and international
connectivity, contributing to the country's strategic, economic and
sustainability priorities.
Responsible growth will remain integral to STTGDC's business and operations.
With
83.2% of electricity consumption across its operations sourced from
renewable energy, STTGDC surpassed its 2028 carbon intensity reduction
target three years ahead of schedule. Alongside its environmental
commitments, the company works closely with governments, customers and
communities to address local priorities and earn the trust that
underpins its social licence to operate.
[1] For the period from December 2025 through June 2026