Princeton Digital Group’s Digital Decarbonisation
Asia’s leading data centre provider Princeton Digital Group (also known as PDG) has secured its first RM1.276 bn (US$280m) green loan for its 150MW AI-ready JH1 campus, in Sedenak Tech Park (STeP) in Johor, Malaysia.
The loan will be provided by the Joint Green Loan Coordinators Maybank, Standard Chartered Bank and UOB Malaysia and this financing is PDG’s first green loan aligned with its green finance framework.
Check out where Princeton Digital Group was ranked in our Top 10 Colocation Providers in Asia.
Pioneering sustainable infrastructure for Asia's AI and cloud revolution
PDG is a leading developer and operator of Internet infrastructure based in Singapore with presence and operations across China, India, Indonesia, Malaysia and Japan, its managed colocation services provide advanced power and cooling technology, physical security, as well as comprehensive technical and connectivity services. The brand has plans to expand into other markets across the region to unleash the growth potential of global hyperscalers and enterprises.
The JH1 campus is one of the biggest AI-ready bases in Asia which aims to support the infrastructure demands of AI and cloud companies. The US$280m financing is for the first 52MW phase of JH1, which will be ready in June 2024.
This represents a major milestone in reducing resource consumption and emissions of the region’s AI infrastructure, fostering resilience to climate change and creating positive societal impact.
“PDG has been at the forefront of developing Asia’s data centre infrastructure to enable the massive growth of AI and cloud in the region,” said Rangu Salgame, Chairman, CEO and Co-Founder of PDG. “Our data centre campuses are AI-ready and combine quality and resilience of infrastructure with a primary focus on sustainability. JH1, and this financing by top banks, are evidence of how PDG is solving for sustainability while building at scale for AI. With our unmatched track record of execution, this further cements our position as a leading pan-Asian data centre operator.”
Digital decarbonisation at PDG
This step follows on from PDG’s work to digitally decarbonise. The second edition of its ESG report: ‘Toward Digital Decarbonisation’ details the company’s efforts to drive sustainability across its business and markets. The sustainability report highlights how the company’s vision is to be the most progressive data centre operator concerning sustainability in Asia.
It also addresses its commitment to integrating sustainability into its operational processes by maintaining high ESG standards to safeguard the environment and communities. PDG confirms via the report that it is continuing to work towards achieving Net Zero for Scope 1 and Scope 2 emissions by 2030.
******
Make sure you check out the latest edition of Data Centre Magazine and also sign up to our global conference series - Tech & AI LIVE 2024
******
Data Centre Magazine is a BizClik brand