Malaysian-listed YTL Power International, through its subsidiary YTL Data Center Holdings (YTL DC) has completed the acquisition of Singaporean firm Dodid, which owns a 12.5 megawatt (MW), Tier3 data center in Singapore.
The facility, located at Tagore Lane, was built and commissioned in 2018.
The acquisition marks YTL DC’s first foray into the data center industry outside Malaysia, which the company says is its first step towards establishing a regional data center platform in Southeast Asia.
YTL DC is also working closely with YTL PowerSeraya, Singapore’s second largest power producer and its retail arm Geneco, on green energy solutions to enable the data center to be run on renewable energy.
YTL DC is also working on a pipeline of projects to roll out 300MW of green data center capacity regionally by 2030, primarily in the key hubs of Singapore, Kuala Lumpur and Johor.
Cover photo: YTL Power International