Stonepeak Is Said in Talks to Invest in Warburg-Backed Princeton

Stonepeak Is Said in Talks to Invest in Warburg-Backed Princeton

Stonepeak Partners is in talks to invest in data center operator Princeton Digital Group, people familiar with the matter said, as the US infrastructure investor seeks to build up its presence in Asia Pacific.

Stonepeak talks over $1bn investment in Warburg-backed Princeton

Stonepeak Partners is in advanced discussions to invest over $1bn in Singapore-based data centre operator Princeton Digital Group, according to a report by Bloomberg citing sources familiar with the matter, as the US infrastructure investor looks to expand its footprint across the Asia Pacific region. The potential transaction is expected to take the form of a structured equity deal, though terms remain under negotiation and no final agreement h…