KKR-Singtel consortium completes acquisition of STTGDC as data centre operator unveils new brand

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Ansherina Baes

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4 minutes ago

Singapore – STTGDC has completed its acquisition by a consortium led by global investment firm KKR and Singtel, as the data centre operator prepares for its next phase of expansion across Asia, the United Kingdom and Europe.

The company also announced a refreshed global brand while retaining the STTGDC name. The new branding is centred on the theme “Built Ready”, which the company said reflects its focus on reliable, resilient and AI-ready digital infrastructure.

The transaction provides STTGDC with additional long-term capital and financial flexibility, while the company said its leadership team, strategy and approach to customer service will remain unchanged.

“Today marks the most important turning point in STTGDC’s evolution since we founded the company more than 12 years ago. The completion of this transaction signals the beginning of a new chapter for our company. We have spent over a decade building a global platform with the scale, capabilities and operating discipline needed to support the next generation of cloud and AI growth,” said Bruno Lopez, President and Group CEO of STTGDC.

“With the KKR-Singtel consortium’s investment, we have greater capacity to grow and execute at scale while remaining true to the values and customer commitment that have defined STTGDC from its inception. Our refreshed brand reflects both the company we have become and the responsibility we carry as digital infrastructure becomes increasingly critical to economies, businesses and communities. Built Ready is our commitment to delivering the critical infrastructure our customers need to grow with confidence, while building responsibly and sustaining the trust of governments, customers and communities,” Lopez continued.

STTGDC said its operational capacity has increased by 25% since the end of 2025 to 780MW. Over the same period, contracted capacity has risen by 50%, while annualised earnings before interest, taxes, depreciation and amortisation (EBITDA) have increased by 30%.

The company said demand from hyperscalers, cloud service providers, AI customers and enterprises has continued to support its expansion across its markets.

STTGDC has close to 2GW of powered land secured for assets under construction and pipeline development. The company said its development strategy is focused on markets where power availability, infrastructure readiness, customer requirements, policy and other long-term factors support data centre development.

In India, STTGDC operates 34 data centres across 10 cities, with more than 613MW of IT capacity. It said it is continuing to expand its IT load capacity in response to growth in the country’s digital economy.

In Indonesia, the company is expanding its Jakarta campus and has a development pipeline of more than 360MW of AI-ready IT capacity backed by secured power.

Singapore also remains a key market for the company. STTGDC was selected to develop 50MW of sustainable, AI-ready data centre capacity, which the company said will support the country’s position as a hub for AI, digital infrastructure and international connectivity.

STTGDC also highlighted its environmental performance. It said 83.2% of electricity consumed across its operations is sourced from renewable energy, allowing it to exceed its 2028 carbon intensity reduction target three years ahead of schedule.

The company said it will continue working with governments, customers and communities as it expands its data centre operations across its markets.

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