Vantage Data Centres is preparing to launch in the Asia Pacific due to two acquisitions and a $1.5 billion equity raise led by stakeholder DigitalBridge Investment Management. The expansion will see the company offer services across Tokyo and Osaka in Japan and Hong Kong, Kuala Lumpur, and Melbourne, Australia.
This expansion comes from its acquisition of Asia Pacific data centre provider Agile Data Centres, which currently provides 168 MW of IT load in Osaka, Tokyo, and Melbourne. Once the transaction closes, Vantage’s acquisition of PCCW’s data centre portfolio will cover the Hong Kong and Kuala Lumpur markets with 100 MW of critical IT load.
“Vantage has successfully expanded in the United States, Canada, and Europe, now it is time to serve the Asia Pacific region,” Sureel Choksi, president and CEO of Vantage Data Centres, said. “The key to our global expansion has been finding well-aligned partners who bring local expertise, an established footprint, a strong management team, the ability to scale quickly and are committed to high quality, sustainably designed data centre facilities.”
Previously, the company had announced plans to reach net-zero carbon emissions globally by 2030. The company aims to focus efforts on four areas, emissions reduction, renewable energy, supply chain decarbonisation, and carbon offset purchases.
