KKR and Singtel consortium completes acquisition of data centre operator STTGDC

In a significant corporate development, a consortium led by investment firms KKR and Singtel has finalized the acquisition of data centre operator STTGDC, effectively marking a new era for the Singapore-based company. The transaction, finalized on September 2, 2026, empowers STTGDC with substantial capital, enhanced financial flexibility, and invaluable global infrastructure experience, bolstering its strategic growth trajectory.

STTGDC's leadership team, operating principles, and decade-long commitment to the company's growth remain intact, ensuring continuity for its customers. The refreshed global brand signifies the company's evolution into a comprehensive digital infrastructure platform, emphasizing reliability, resilience, and AI-readiness across Asia, the United Kingdom, and Europe.

The refreshed brand, 'Built Ready,' underscores STTGDC's dedication to providing dependable, resilient, and AI-ready infrastructure, driven by a robust pipeline of development projects and a substantial increase in operational and contracted capacity. Since December 2025, STTGDC's capacity has expanded by 25% to 780MW, while contracted capacity has surged by 50% and EBITDA has risen by 30%, reflecting robust demand from diverse sectors.

With nearly 2GW of powered land secured for assets under construction, STTGDC is poised to meet growing customer demands through its strategic focus on markets that align with its operational strengths and sustainability commitments. As AI continues to reshape the data centre landscape, STTGDC remains well-equipped to navigate the challenges and opportunities presented by the evolving industry.