Digital Edge, National Investment and Infrastructure Fund and AGP DC InvestCo Pte Ltd (“AGP”) have entered into a partnership to develop a pan-India portfolio of hyperscale data centers.
The facilities will operate under the brand name Digital Edge DC and intend to support the country’s ongoing digital transformation and provide much needed capacity to the rapid growth of India’s cloud industry.
The partnership’s first project is a greenfield 300MW hyperscale facility in Navi Mumbai, which is the country’s biggest data center hub offering easy access to infrastructure, including power and fiber connectivity. The facility will be one of the largest data centers in India and is designed to cater to hyperscale deployments, leveraging Digital Edge’s cutting-edge engineering architecture to achieve market leading PUE (Power Usage Effectiveness) and WUE (Water Usage Effectiveness). Construction of the 47 acre site will commence in early 2023 and the facility will be built in multiple phases. Upon completion the data center will be fully operated by and marketed by Digital Edge DC.
This partnership with NIIF and AGP marks Digital Edge’s entry into the India market, growing its platform to six countries across Asia. NIIF will leverage its local and operational expertise in developing platforms as well as its strong infrastructure investment experience, and AGP, a sustainable-focused real assets manager, will bring on-the-ground real estate development and construction experience. The partnership aims to source power for its portfolio of data centers predominantly from renewable energy sources, drawing on the partner’s renewable energy development capabilities.
