Singapore-based data centre operator Princeton Digital Group (PDG) on Tuesday said it has signed a deal for a $360 million investment led by Canadian pension fund Ontario Teachers’ Pension Plan Board.
PDG’s biggest institutional backer, private equity firm Warburg Pincus, would also be a part of the latest round of fundraising, it said in a statement.
PDG operates 18 data centres serving internet and cloud companies across the Asia Pacific region, with operations focused on markets in China, Singapore, Indonesia and India.
Source: Reuters
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