Canadian pension manager CPP Investments has committed up to INR 70 billion—equivalent to $742 million—to a digital infrastructure partnership with India’s CtrlS Datacenters, alongside a separate $1.3 billion commitment to Ares Management’s data centre platform in Japan. Mingtiandi reported that these investments form part of a broader capital push across the region as cloud computing and artificial intelligence drive unprecedented demand for digital infrastructure.
Asia Pacific Hyperscale Expansion and Capital Requirements
CPP Investments managing director of real estate Hari Krishna V and Baker McKenzie partner Edwin Wong will kick off Mingtiandi’s APAC Data Centre Forum on Tuesday to examine hyperscale market investments. The discussion addresses the intense capital requirements needed to build out power, land, and construction pipelines across Asia.
Krishna joined CPP Investments in 2014 and currently oversees the organization’s real estate investments in India. Wong co-leads Baker McKenzie’s Asia Pacific data centre focus group, advising institutional investors and sponsors on complex private funds, club funds, joint ventures, and separate accounts.
Developers face mounting hurdles securing reliable power supplies and suitable land parcels in key markets. Institutional capital continues to flow into the sector to bridge these gaps, with legal advisors structuring intricate joint ventures to deploy billions of dollars safely.
Princeton Digital Group Scaling Regional Platform
Princeton Digital Group operates and develops more than 1.8 gigawatts of capacity across eight markets, following its recent expansion into Australia. Co-founder, chairman, and CEO Rangu Salgame takes center stage in Wednesday’s spotlight interview to discuss the Singapore-based operator’s expansion strategy and financing plans.
Backed by fund managers Warburg Pincus and Stonepeak, PDG outlined plans in March to raise up to $5 billion in debt during 2026. The company also secured $350 million in additional financing, pushing an existing facility to $750 million and converting it into a sustainability-linked loan tied directly to operational and environmental targets.
This debt target follows $2.5 billion in capital raised during 2025, which included a $1.3 billion preferred equity investment from Stonepeak. PDG broke ground on a $1 billion Jakarta campus last November and initiated a $700 million project in Incheon to establish its presence in South Korea. To sharpen its focus on this hyperscale pipeline, the company agreed to sell five operating Indonesian data centres to Sinar Mas.
Southeast asia live it capacity reaches 4.3 gigawatts
Southeast Asia’s live IT capacity is projected to reach 4.3 gigawatts in 2027, marking a 41 percent jump from 3.1 gigawatts this year, according to Knight Frank. Thursday’s panel features SC Zeus Data Centers CEO Joe Gooi, Wong & Partners partner Ai Leen Tang, and MSCI Research & Development executive director Benjamin Chow.
We are thrilled to welcome Hari Krishna V of CPP Investments, to the MTD TV APAC Data Centre Forum 2026 for a panel discussion on Asia’s hyperscale market.Register for the session: https://t.co/PCZeZLADCg#APAC #DataCentre #RealEstate pic.twitter.com/Ta4wmtvJc8
SC Zeus recently partnered with SoftBank unit SB Telecom Singapore and Malaysia’s HPC Group to build AI data centres in Malaysia, Thailand, Indonesia, and Vietnam. Gooi previously led Digital Realty’s portfolio and helped establish that company’s joint venture with Mitsubishi Corporation before taking the helm at SC Zeus, which launched in partnership with SC Capital Partners.
Tang brings over 25 years of real estate legal experience, advising on greenfield investments, co-location agreements, and Malaysian data centre developments. MSCI’s Chow joins the session to analyze transaction volumes and capital flows across the regional market.
Pro Tip
Sustainability-linked loans tied to PUE (Power Usage Effectiveness) targets increasingly unlock favorable debt pricing from institutional lenders.
Princeton digital group manages over 1.8 gigawatts
How much capacity does Princeton Digital Group currently manage?
Princeton Digital Group operates and has under development more than 1.8 gigawatts of capacity spanning eight distinct markets.
What financing targets has Princeton Digital Group set for 2026?
The Singapore-based developer outlined plans to raise up to $5 billion in debt during 2026 to fund its ongoing regional expansion.
Who is backing SC Zeus Data Centers in Southeast Asia?
SC Zeus operates as a platform launched in partnership with SC Capital Partners, and recently teamed up with SoftBank unit SB Telecom Singapore and Malaysia’s HPC Group.
What are the projected IT capacity numbers for Southeast Asia?
Knight Frank forecasts that Southeast Asia’s live IT capacity will hit 4.3 gigawatts in 2027, representing a 41 percent increase from 3.1 gigawatts.
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