Princeton Digital Group Secures $1.3 Billion Investment from Stonepeak for Expansion

Princeton Digital Group Secures Significant Investment from Stonepeak

In a major milestone, Princeton Digital Group (PDG), a leading player in the data center domain across Asia Pacific, has solidified a deal with Stonepeak, a prominent alternative investment firm, to receive a preferred equity investment of $1.3 billion. This agreement is pivotal for PDG's growth initiatives aimed at expanding its operations throughout Asia.

The capital injection comes on the heels of PDG's successful $1.2 billion debt financing, which combined with the latest investment, propels the total funds raised by the company in 2025 to an impressive $2.5 billion. With this robust financial backing, PDG strengthens its foothold as a top-tier provider of hyperscale infrastructure in the region.

PDG has built an extensive portfolio, including over 1.1 gigawatts across six different nations, positioning it as one of the fastest-growing data center platforms in Asia. The firm counts globally recognized investors such as Warburg Pincus, Ontario Teachers' Pension Plan, and Mubadala among its stakeholders. Now, with Stonepeak's support, PDG is poised for accelerated growth in both established and emerging markets across Asia Pacific.

Rangu Salgame, Chairman and CEO of PDG, expressed his enthusiasm regarding this strategic investment, remarking, "This milestone investment from Stonepeak is a strong endorsement of PDG's strategy, execution, and sustained value creation. Stonepeak shares our deep conviction in the unprecedented growth of AI and cloud across Asia Pacific. With this partnership, PDG is uniquely positioned to scale with speed and continue being the trusted provider to the world's most demanding hyperscalers."

Stonepeak's commitment to long-term capital empowers PDG to embark on significant growth phases that encompass both new developments and mergers and acquisitions. Andrew Thomas, Senior Managing Director at Stonepeak, emphasized PDG's leadership within the digital infrastructure sector, stating, "PDG has established itself as one of the clear leaders among digital infrastructure platforms in the Asia Pacific region."

The collaboration invites optimism for the future, notably in light of the surging demand for AI-driven data capabilities. Ellen Ng, Co-Head of Asia Real Estate at Warburg Pincus, reinforced confidence in PDG, saying, "This latest investment by Stonepeak is a strong validation of PDG's market leadership and long-term strategy."

With backing from respected investors, PDG is also taking strides to develop its infrastructure to meet rising demands. The firm's advisory team includes financial giants Goldman Sachs, J.P. Morgan, and legal counsel from Latham & Watkins.

As a pivotal developer and operator in the global digital landscape, PDG's headquarters in Singapore is complemented by operations in Japan, India, Indonesia, China, and Malaysia. This geographical diversity allows PDG to cater to its clients' needs in some of the fastest-growing digital economies in Asia.

In summary, the strategic investment from Stonepeak is more than just a financial transaction; it represents a synergistic commitment to advancing digital infrastructure in an era defined by rapid technological innovation. With this formidable alliance, PDG is setting the stage for a bright future in the data center realm, ready to address the dynamic needs of its diverse clientele.

For more information, visit Princeton Digital Group or follow them on LinkedIn.