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Updated · Bloomberg · Apr 28Digital Edge explores sale options with potential $10 billion valuation
7 articles · Updated · Bloomberg · Apr 28
- The Singapore-based data center operator is working with JPMorgan Chase & Co. to review strategic alternatives, including a partial or full sale.
- Digital Edge, backed by Stonepeak Partners, could fetch up to $10 billion if a transaction proceeds, according to sources familiar with the matter.
- The deliberations remain private, and no final decision has been made as the company considers its next steps in the Asian data center market.
Can Asia's power grids support the gigawatt-scale AI ambitions behind Digital Edge's $10B valuation? With a $10B price tag, is Stonepeak cashing out at the peak of an AI data center bubble? Is Digital Edge's Indonesian AI campus a green energy model or an impending environmental disaster? How will a new owner navigate the fierce data sovereignty demands of Asian governments? Will Indonesia's bet on AI hubs boost its economy or just serve foreign tech giants? Are AI data centers creating 'heat islands' that will reshape Southeast Asia's urban landscapes?