Wednesday, 26 August 2020

Stonepeak, Digital Edge partner on diversified Asia Pacific data centre platform formation

KUALA LUMPUR, Aug 25 -- Stonepeak Infrastructure Partners (Stonepeak) and a group of seasoned senior executives have formed a diversified, independent data centre platform, Digital Edge, with a focus on acquiring and developing carrier-neutral data centres and related digital infrastructure assets across the Asia Pacific region.

According to a statement, Stonepeak, its investors and the Digital Edge management team have made a US$1 billion equity capital commitment to the platform. (US$1 = RM4.168)

The platform is led by Digital Edge's Chief Executive Officer, Samuel Lee – who previously served as President of Equinix’s Asia Pacific business – and several individuals from his prior senior team at Equinix.

They are joined by senior executives Jay Park, formerly with Facebook; John Freeman, formerly with Tata Communications; and Jonathan Walbridge, formerly with Macquarie.

Based in Singapore, Digital Edge aims to deliver innovative data centre and interconnect solutions in order to make customer deployments easy in complex, evolving environments.

Stonepeak has been an active investor in digital infrastructure, with multiple investments across the data centre, fibre and wireless space.

Earlier this year, Stonepeak announced the acquisition of Xplornet Communications, the leading provider of broadband connectivity in rural Canada. Over the past three years, the firm has established a presence in Asia Pacific and has been active in infrastructure investments across multiple sectors.

-- BERNAMA


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