US EditionStonepeak Invests $1.3 Billion In Warburg Pincus-Backed Data Center Operator Princeton Digital
SINGAPORE, JUL 18 – Princeton Digital Group raised $1.3 billion from Stonepeak to fund greenfield projects and acquisitions amid growing data center demand driven by AI and cloud platforms, company said.
- On July 17, 2025, Princeton Digital Group signed a definitive agreement with Stonepeak for a $1.3 billion preferred equity investment to support its expansion in Asia Pacific.
- This investment followed PDG's May $1.2 billion debt financing and a total capital raise of $2.5 billion in 2025 amid growing demand for hyperscale data centers driven by AI and cloud growth.
- PDG owns over 1.1 gigawatts capacity across 20 facilities in six countries, positioning it as a leading Asia Pacific data center operator amid a regional capacity forecast doubling by 2030.
- PDG chairman Rangu Salgame called Stonepeak’s investment a "resounding vote of confidence" in their strategy, while Stonepeak’s Andrew Thomas said PDG is a standout platform in Asia’s digital infrastructure boom.
- The capital injection aims to accelerate PDG's growth through greenfield developments and acquisitions, with Warburg Pincus remaining the largest shareholder, reinforcing PDG's market leadership in Asia.
39 Articles
39 Articles
Stonepeak Invests $1.3 Billion In Warburg Pincus-Backed Data Center Operator Princeton Digital
Stonepeak is investing in Princeton Digital to tap into some of the world’s fastest growing digital hubs. Data center capacity across the Asia Pacific will double to 24 gigawatts by 2030, surpassing that of U.S., according to Cushman & Wakefield.
Stonepeak Backs Princeton Digital With $1.3B Boost in Bold Asia Data Center Play - USA Herald
In a high-voltage move that underscores the explosive demand for digital infrastructure across Asia, alternative investment powerhouse Stonepeak has poured $1.3 billion into Princeton Digital Group (PDG) in a landmark preferred equity deal. The transaction, announced Friday, marks one of the region’s largest private infrastructure investments this year and sets the stage for an aggressive expansion of Princeton’s already formidable data center f…
Warburg Pincus-backed data centre operator Princeton Digital bags US$1.3 billion from Stonepeak
Warbug Pincus-backed Princeton Digital Group announced on Friday (Jul 18) that it secured US$1.3 billion in funding from Stonepeak, a New-York based alternative investment firm specialising in infrastructure and real assets.
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