KKR-Singtel Consortium Completes Acquisition Of STTGDC As Data Center Capacity Reaches 780 MW

STTGDC has completed its acquisition by a consortium led by KKR and Singtel, providing the global data center operator with additional long-term capital and financial flexibility as it accelerates development of AI-ready digital infrastructure across Asia and Europe.

The consortium includes funds managed by KKR and Singtel. Financial terms of the completed transaction were not disclosed.

STTGDC is retaining its existing name and leadership team while introducing a refreshed global brand built around the positioning “Built Ready,” reflecting its focus on delivering resilient, scalable and AI-ready infrastructure.

The transaction comes as STTGDC continues to expand rapidly.

Since the end of 2025, the company’s operational capacity has increased 25% to 780 MW, while contracted capacity has grown 50%.

Annualized EBITDA increased 30% between December 2025 and June 2026, reflecting continued demand from hyperscalers, cloud service providers, AI customers and enterprise customers.

STTGDC has also secured close to 2 GW of powered land supporting assets currently under construction and its broader development pipeline.

The company plans to use the additional financial flexibility and infrastructure expertise provided by KKR and Singtel to continue converting growing AI and cloud demand into operating data center capacity.

STTGDC said its strategy will remain focused on markets where customer demand, available power, infrastructure readiness, government policy and long-term economic fundamentals support large-scale development.

The company has a particularly significant presence in India, where it operates 34 data centers across 10 cities with more than 613 MW of IT capacity.

STTGDC is also expanding its Jakarta campus in Indonesia, where its development pipeline includes more than 360 MW of AI-ready IT capacity backed by secured power.

In Singapore, STTGDC has been selected to develop 50 MW of sustainable, AI-ready data center capacity, strengthening its position in one of Asia’s most strategically important digital infrastructure markets.

The company’s growth strategy also emphasizes sustainability as power requirements increase alongside AI workloads.

STTGDC said 83.2% of the electricity consumed across its operations is sourced from renewable energy. The company has also surpassed its 2028 carbon-intensity reduction target three years ahead of schedule.

The transaction positions STTGDC to continue expanding a global platform spanning Asia, the United Kingdom and Europe while maintaining continuity in management, operations and customer relationships.

KEY QUOTE:

“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. 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.”

Bruno Lopez, President and Group CEO of STTGDC