ADQ-backed Zero Two completed an investment in Evolution Data Centres.

ADQ-backed Zero Two, a company that develops digital asset infrastructure, completed an investment in Evolution Data Centres, a Singapore-based company that develops and operates sustainable hyperscale and AI-focused data centers. Financial terms were not disclosed. “We are excited to partner with Evolution and Warburg Pincus to support the expansion of digital infrastructure across Southeast Asia. Evolution’s strong market positioning and leading execution capabilities make it a compelling fit for Zero Two’s long-term capital deployment strategy. Together, we aim to accelerate the scale up of energy-efficient hyperscale data centres that meet the region’s rapidly growing cloud and AI demands,” Ahmed Al Hameli, Zero Two CEO.