Stonepeak has completed a $1.3 billion preferred equity investment in Princeton Digital Group to enhance its infrastructure capabilities in the Asia Pacific market.

Information on the Target

Princeton Digital Group (PDG) is a prominent developer and operator of internet infrastructure, based in Singapore. The company has established its presence across several key markets in Asia Pacific, including Singapore, Japan, India, Indonesia, China, and Malaysia. PDG specializes in providing data center solutions that facilitate the growth of hyperscalers and various enterprises within the rapidly expanding digital economies of the region.

PDG's portfolio includes a range of state-of-the-art data centers designed to meet the increasing demand for infrastructure in these markets. With a focus on operational excellence and innovation, the company positions itself as a leader in the provision of hyperscale infrastructure, which is essential for supporting the digital transformation of numerous industries across Asia Pacific.

Industry Overview in Asia Pacific

The Asia Pacific region is experiencing a significant shift towards digitalization, driven by rapid urbanization, increased internet penetration, and a growing demand for cloud services. As