KKR-Singtel Consortium Completes STTGDC Acquisition
Analysis based on 6 articles · First reported Sep 01, 2026 · Last updated Sep 02, 2026
The completion of the acquisition provides ST Telemedia Global Data Centres with substantial capital and strategic backing, enhancing its ability to meet growing demand for AI-ready data centre capacity. This is likely to positively impact the data centre and digital infrastructure sectors, as well as the involved companies' market positions.
ST Telemedia Global Data Centres, a Singapore-headquartered data centre platform, announced the completion of its acquisition by a consortium led by global investment firm KKR & Co. and Singapore telecommunications company Singtel. The consortium's investment provides ST Telemedia Global Data Centres with long-term capital and increased financial flexibility to scale its AI-ready digital infrastructure. ST Telemedia Global Data Centres also unveiled a refreshed global brand anchored in 'Built Ready', reflecting its focus on delivering reliable and resilient infrastructure across Asia, the United Kingdom, and Europe. The company reported strong operating momentum, with operational capacity increasing by 25% to 780MW since the end of 2025, contracted capacity growing by 50%, and annualised EBITDA rising by 30%. ST Telemedia Global Data Centres continues to expand its portfolio, including 34 data centres in India, a development pipeline of over 360MW in Indonesia, and a 50MW project in Singapore. The company also highlighted its sustainability achievements, with 83.2% of electricity consumption from renewable sources and surpassing its 2028 carbon intensity reduction target three years ahead of schedule.
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