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     153  0 Kommentare ST Telemedia Global Data Centres Raises S$1.75 Billion from KKR-Led Consortium with Singtel

    ST Telemedia Global Data Centres (‘STT GDC’ or the ‘Company’), a leading data centre colocation services provider, KKR, a leading global investment firm, and Singtel, Asia’s leading communications technology group, today jointly announced the signing of definitive agreements under which a KKR-led consortium of KKR (on behalf of funds managed by it) and Singtel (the ‘Consortium’) will invest S$1.75 billion (~US$1.3 billion) in STT GDC. This transaction marks the largest digital infrastructure investment in Southeast Asia to date in 2024.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240618333507/en/

    The transaction comprises an initial S$1.75 billion (~US$1.3 billion) investment by the Consortium via Redeemable Preference Shares (RPS), with detachable warrants. Upon exercise of the warrants in full, the Consortium will invest an additional S$1.24 billion (~US$920 million).

    The Consortium was selected following an independent competitive process by STT and STT GDC, which considered, among other things, the Consortium’s collective expertise and track record, financial strength, and proposed business strategy. The proceeds of the investment will be used to further advance STT GDC’s position in the markets it operates in, and to support its continuing international expansion and growth plans through organic and inorganic strategies. Following the transaction, ST Telemedia continues to be the majority shareholder of STT GDC.

    Headquartered in Singapore, STT GDC is one of the world’s fastest-growing data centre providers with more than 95 data centres across 11 geographies and points of presence in over 20 major business markets. It provides critical services including high-quality colocation, connectivity, and round-the-clock support services. Today, its data centre portfolio has a total combined capacity of more than 1.7GW of IT load.

    Bruno Lopez, President & Group CEO of STT GDC, said, “We are thrilled to welcome KKR and Singtel, two blue-chip investors in the digital infrastructure space into the STT GDC group. Since our inception 10 years ago, STT GDC has developed into a leading data centre provider with a significant footprint in Asia, UK and Europe, supporting the growth of the world’s largest cloud and enterprise customers. With the industry experiencing unprecedented cloud and AI-led growth, this strategic partnership with KKR and Singtel will be a significant catalyst for STT GDC's next chapter of growth as a leader in the digital infrastructure industry.”

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    Business Wire (engl.)
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    ST Telemedia Global Data Centres Raises S$1.75 Billion from KKR-Led Consortium with Singtel ST Telemedia Global Data Centres (‘STT GDC’ or the ‘Company’), a leading data centre colocation services provider, KKR, a leading global investment firm, and Singtel, Asia’s leading communications technology group, today jointly announced the …

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