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Warburg Pincus-backed Princeton Digital to invest $1 bln in Japan data centre Reuters 3 hrs ago
SINGAPORE, June 29 (Reuters) - Singapore-based Princeton Digital Group (PDG), backed by private equity firm Warburg Pincus, said on Tuesday it was investing $1 billion to build a data centre facility in Japan, marking the company s foray into its fifth market.
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The new campus at Saitama City, a commercial center in the Greater Tokyo area, will have close to 100 megawatts (MW) of capacity across two phases of 48.5 MW each, the company said.
The Japan campus will be fully operational by the end of 2023 or early 2024, Chief Executive Rangu Salgame told Reuters.
By Reuters Staff
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SINGAPORE (Reuters) - Singapore-based Princeton Digital Group (PDG), backed by private equity firm Warburg Pincus, said on Tuesday it was investing $1 billion to build a data centre facility in Japan, marking the company’s foray into its fifth market.
The new campus at Saitama City, a commercial center in the Greater Tokyo area, will have close to 100 megawatts (MW) of capacity across two phases of 48.5 MW each, the company said.
The Japan campus will be fully operational by the end of 2023 or early 2024, Chief Executive Rangu Salgame told Reuters.
The new facility will take PDG’s capacity to 450 MW. PDG, which was formed in 2017, already has 18 data centres across 4 countries - China, Singapore, Indonesia and India.