NTPC’s green energy arm eyes USD 1.2bn from Indian IPO
Sep 19, 2024 11:52 CESTDigital Edge Singapore Holdings said on Thursday it will pursue 500 MW of green energy capacity for its Asian data centres under a partnership with renewables developer Peak Energy Investments that could be expanded to up to 1,000 MW.
The two portfolio companies of US infrastructure investor Stonepeak will initially pursue commissioned capacity to support Digital Edge’s operating and planned data centres over three years. The target projects should be located in countries where Digital Edge has existing deployments, including Japan, Korea, Indonesia, India and the Philippines. Other markets will be included as well, in line with the tech group's expansion.
The initiative will support the decarbonisation of up to 1 GW of power and facilitate the generation of more than 1,300 GWh of green electricity annually, contributing to each of Digital Edge's and Peak Energy's sustainability goals and business objectives.
Digital Edge aims to make its operations carbon neutral by the end of the decade. The company already has a data centre facility in Indonesia running on 100% renewable power.
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