A consortium led by KKR, comprising funds managed by KKR alongside Singtel, has completed the acquisition of STTGDC. The transaction provides the data centre operator with long-term capital and enhanced financial flexibility as it expands its infrastructure portfolio.
Following the transaction, the company will retain the STTGDC name, its existing leadership team and its strategic direction. It has also introduced a refreshed global brand centred on “Built Ready”, which reflects its focus on reliable, resilient and AI-ready infrastructure across Asia, the United Kingdom and Europe.
“Today marks the most important turning point in STTGDC’s evolution since we founded the company more than 12 years ago,” said Bruno Lopez, President and Group CEO of STTGDC. “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.”
Capacity reaches 780MW
STTGDC’s operational capacity has expanded by 25% since the end of 2025 to reach 780MW, accompanied by a 50% increase in contracted capacity. Over the same general timeframe, annualised earnings before interest, taxes, depreciation and amortisation rose by 30% between December 2025 and June 2026. The company attributed this financial performance to strong demand from hyperscalers, cloud service providers, AI customers and enterprises across its markets.
To support future expansion, STTGDC has secured close to 2GW of powered land for data centres under construction and projects in its development pipeline. Developing capacity at that scale requires careful coordination across power supply, cooling, design, supply chains, financing and local infrastructure. These requirements are becoming increasingly complex as AI intensifies the scale and density of data centre projects. STTGDC is concentrating development in markets where customer requirements can be supported by available power, infrastructure readiness, policy conditions and long-term development prospects.
Expansion continues across India, Indonesia and Singapore
India represents a substantial part of STTGDC’s existing footprint, where the company operates 34 data centres across 10 cities with more than 613MW of IT capacity and continues to increase its presence. In Indonesia, the operator is expanding its Jakarta campus and maintains more than 360MW of AI-ready IT capacity in its development pipeline, backed by secured power. Singapore also remains part of the company’s expansion plans, with STTGDC selected to develop 50MW of sustainable, AI-ready data centre capacity in the country.
Alongside its facility buildout, the company reported that 83.2% of electricity consumed across its operations is sourced from renewable energy. This shift enabled STTGDC to reach its 2028 carbon intensity reduction target three years ahead of schedule.
