Digital Realty has announced that BAM Digital Realty, its Indian joint venture with Brookfield Infrastructure and its institutional partners has received all requisite regulatory approvals and the parties have closed the joint venture.
The joint venture enables the expansion of PlatformDIGITAL, Digital Realty’s global data centre platform, which supports the evolving data, control and networking demands of global service providers as well as global and local enterprises. Its expansion across India is expected to enable customers to rapidly scale digital transformation by deploying critical infrastructure with a leading global data centre provider at the heart of a growing connected data community in India. Data centres developed in India will leverage the company’s industry-leading energy-efficient data centre design and operating procedures and highly repeatable Pervasive Data centre Architecture (PDx) approach for the new digital workplace.
To support the expected rapid growth opportunity for data centres in India, the company has also recently filled multiple senior leadership positions, in the fields of design and construction as well as business development.
“With the formal closing of the joint venture, we look forward to advancing several key strategic priorities for BAM Digital Realty and bringing together our collective capabilities to deliver a truly differentiated solution for our customers,” Arpit Agrawal, managing director and head of India and the Middle East for Brookfield Infrastructure, said. “The joint venture expands Brookfield Infrastructure’s significant global data infrastructure portfolio, which currently includes $23 billion in assets across data transmission, distribution, and storage, including a portfolio of 139,000 operational telecom wireless towers in India, which it intends to expand to 175,000 over the near term.”