KKR-led consortium and Singtel complete acquisition of STTGDC as company refreshes brand

0

STTGDC says a KKR-led consortium and Singtel have completed the acquisition of the data centre operator, as the company simultaneously unveiled a refreshed global brand intended to support its next phase of expansion.

In a statement distributed by Media OutReach Newswire on 2 September 2026, STTGDC said the transaction provides long-term capital and increased financial flexibility, while keeping the existing leadership team and strategy in place. The company said it will retain the STTGDC name and position its refreshed brand around the phrase “Built Ready”.

STTGDC Group CEO Bruno Lopez said the deal marked a major turning point for the company, and framed the rebrand as a reflection of the role digital infrastructure plays in economies and communities.

STTGDC also provided operating and pipeline figures to support its growth narrative. The company said operational capacity increased by 25% to 780MW since the end of 2025, while contracted capacity grew by 50%. It added that annualised EBITDA rose by 30% for the period from December 2025 through June 2026.

The company linked the acquisition and brand refresh to broader market dynamics, arguing that as AI workloads increase density and complexity, the ability to translate demand into delivered capacity is an industry constraint. It cited the need for coordinated planning across power, cooling, design, supply chains, financing and local conditions.

STTGDC said its growth strategy remains focused on markets where power availability, infrastructure readiness, policy alignment and longer-term fundamentals support development. It said it has close to 2GW of powered land secured for assets under construction and pipeline development.

The company highlighted expansion activity across several markets. In India, STTGDC said it operates 34 data centres across 10 cities with more than 613MW of IT capacity. In Indonesia, it pointed to an expansion of its Jakarta campus and a development pipeline of more than 360MW of “AI-ready” IT capacity backed by secured power. In Singapore, it referenced its selection to develop 50MW of sustainable, AI-ready data centre capacity.

STTGDC also emphasised sustainability metrics, stating that 83.2% of electricity consumption across its operations is sourced from renewable energy and that it had surpassed its 2028 carbon intensity reduction target three years early, according to the release.

Share.

Comments are closed.