Announced

KKR and Singtel to invest $1.3bn in ST Telemedia Global Data Centres.

Synopsis

KKR, an investment firm, and Singtel, a telecommunications conglomerate, agreed to invest $1.3bn in ST Telemedia Global Data Centres, a data centre colocation services provider. “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," Bruno Lopez, STT GDC President & Group CEO.

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