Princeton Digital Group (PDG), a leading data centre operator in Asia, has announced plans to raise up to US$5b in debt financing this year. The funds will support the company’s rapidly expanding hyperscale platform across the region, where PDG currently operates in seven markets with a portfolio exceeding 18 gigawatts (GW). As part of this initiative, PDG has secured US$350m in debt financing, expanding its existing US$400m HoldCo loan to a total of US$750m.
The expanded HoldCo facility has been converted into a Sustainability-Linked Loan, aligning its pricing with operational and sustainability performance targets. This recent financing was secured from a consortium of global banks, including Barclays, BNP Paribas, Deutsche Bank, HSBC, SMBC, Societe Generale, and Standard Chartered. The funds will be used to develop capacity and build new campuses to support PDG’s hyperscale customer commitments.
Rangu Salgame, Chairman, CEO, and Co-founder of PDG, stated, “Our business momentum and delivery excellence continue to strengthen confidence among our capital partners. The expansion of our HoldCo facility reflects continued support for our execution discipline and track record across markets.” He added that converting the facility into a sustainability-linked structure demonstrates PDG’s commitment to embedding sustainability metrics into its capital framework.
Headquartered in Singapore, PDG operates data centres in Singapore, Japan, India, Indonesia, China, Malaysia, and South Korea, powering the expansion of hyperscalers and enterprises in Asia Pacific’s fastest-growing digital economies.
