SEA Digest: Galaxy DC raises $250m; KKR-backed STT GDC opens Korea data centre

SEA Digest: Galaxy DC raises $250m; KKR-backed STT GDC opens Korea data centre

As the rising demand for AI computing drives closer integration between energy infrastructure, power supply, engineering and operations, data centre companies are scaling up their platforms across Asia, while seeking renewable energy and low-carbon operations.

London-based Galaxy Data Center has secured $250 million in an initial strategic financing round as it looks to support the rollout of gigawatt-scale AI data centre campuses across Southeast Asia using its regional hub in Singapore.

Meanwhile, KKR-backed data centre operator ST Telemedia Global Data Centres (STT GDC) has opened its first facility in South Korea. STT GDC had recently expanded its Jakarta campus through the addition of four facilities.

Galaxy DC raises $250m to develop data centres in SE Asia

London-based Galaxy Data Center (Galaxy DC) has secured $250 million in an initial strategic financing round from “a renowned international investment institution” to support its data centre platform development in Southeast Asia.

Galaxy DC is using its regional hub in Singapore to support the rollout of gigawatt-scale AI data centre campuses across Southeast Asia, targeting hyperscale customers through a mix of capital structures and local partnerships. Galaxy DC plans to expand its capabilities in AI data centres, including access to power resources, renewable energy, local project delivery and low-carbon operations.

It also intends to deepen partnerships with financial and strategic investors, looking to position Southeast Asia as a hub for digital infrastructure development.

“This financing further strengthens Galaxy DC’s regional platform capabilities. We are seeing rapidly evolving requirements from AI and cloud service clients — focusing not only on capacity, but also on delivery certainty, energy efficiency, operational resilience, and long-term scalability. Galaxy DC remains committed to leveraging cutting-edge, ever-evolving technology and synergistic sustainable energy solutions as its core, building future-ready GW-scale green computing infrastructure for our clients,” said Arthur Yang, Co-founder and CEO of Galaxy DC.

Galaxy DC focuses on the growing computing demands of AI and cloud computing, with hyperscale AI data centres (AIDCs) at the core of its offering.

“Galaxy DC has a clear development path in Southeast Asia as well as differentiated technical capabilities. We see long-term value in the company’s high-density, green, and scalable data center platform, and look forward to supporting its role in regional digital infrastructure development,” said a representative from a world-renowned investment institution.

KKR-backed STT GDC enters South Korea with first 30MW Seoul data centre

KKR-backed data centre operator ST Telemedia Global Data Centres (STT GDC) has launched its first facility in South Korea—a 30MW data centre in Seoul, as it expands its presence in North Asia.

The facility, STT Seoul 1, began full commercial operations this month and is operated through a joint venture between STT GDC, which holds a 60% stake, and South Korea’s Hyosung Heavy Industries, which owns the remaining 40%.

The Business Times first reported this development.

The launch follows STT GDC’s recent announcement that it is expanding its Jakarta campus through the addition of four facilities, including the opening of STT Jakarta 2 and the development of STT Jakarta 5 and STT Jakarta 6.

Located in Gasan‑dong, Geumcheon‑gu, Seoul district, STT Seoul 1 spans about 40,000 square metres of gross floor area and is designed to serve hyperscale and enterprise customers running AI and cloud workloads.

STT Seoul 1 represents a key step in STT GDC’s long-term expansion in Korea, supporting the growing demand for secure, high-availability digital infrastructure to underpin cloud, enterprise and emerging AI workloads.

ST Telemedia Global Data Centres (STT GDC) is a Singapore-headquartered data centre operator with a presence across Asia and Europe, including Singapore, the UK, Germany, India, Italy, Thailand, South Korea, Indonesia, Japan, the Philippines, Malaysia and Vietnam.

The company provides colocation and digital infrastructure services to enterprise and hyperscale customers, supporting growing demand for cloud computing and AI workloads.

Edited by: Pramod Mathew

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