Princeton Digital Group raises USD 1.3 billion from Stonepeak to enhance its growth trajectory in the rapidly expanding Asia Pacific data center 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 itself as a leading provider of hyperscale data centers across Asia Pacific, with a current operational capacity exceeding 1.1 gigawatts. PDG operates in six countries, including Japan, India, Indonesia, China, and Malaysia, catering to the expansion needs of hyperscalers and enterprises within the region's rapidly growing digital economy.

In 2025, PDG has successfully raised a total of USD 2.5 billion through equity and debt financing. This capital infusion will enable PDG to further accelerate its growth through both organic development and strategic mergers and acquisitions. The firm enjoys substantial backing from esteemed global investors such as Warburg Pincus, Ontario Teachers’ Pension Plan, and Mubadala, positioning it uniquely in the competitive data center landscape.

Industry Overview in Asia Pacific

The data center industry in Asia Pacific is witnessing unprecedented growth, driven by the surging demand for cloud services, artificial intelligence, and big data analytics. As enterprises increasingly migrate towards digital tr