(Singapore/Thailand, 9 June 2025)
— Digital Edge
(Singapore) Holdings Pte. Ltd. (“Digital Edge”), a leading pan-Asian data
center platform backed by global infrastructure investor Stonepeak, today
announced a strategic joint venture with B.Grimm Power Public Company Limited
(“B.Grimm Power”), one of Thailand’s foremost energy producers. The partnership, Digital Edge B.Grimm (TH)
Holding Pte. Ltd, aims to develop
next-generation hyperscale and AI-ready data center campuses across Thailand to
meet surging digital infrastructure demand.
Operating under the
brand name ‘Digital Edge DC’, the joint venture has announced an investment
plan of approximately $1.0 billion, anchored by a 100-megawatt development in
Chonburi province, Thailand. Situated within Thailand’s Eastern Economic
Corridor (EEC), the flagship project is set to serve as a critical hub for AI
and cloud service providers expanding across Southeast Asia. The Chonburi
campus has recently received approval from the Thailand Board of Investment.
Thailand’s digital
infrastructure market is booming. With data consumption, cloud adoption, and AI
and machine learning workloads expanding at record pace, the country is quickly
emerging as a regional tech powerhouse. According to recent industry reports,
Thailand’s data center market is projected to grow at over 25% CAGR through
2030, with AI-driven compute needs accelerating demand for scalable and
energy-efficient facilities. The government has committed more than $2.7
billion in incentives for data center and cloud investments, reinforcing
Thailand’s ambition to become a regional digital hub.
The 100MW EEC project will offer
high-density colocation, interconnectivity, and hybrid cloud solutions tailored
for hyperscalers, AI workloads, and enterprise digital transformation.
Construction will be fast-tracked to meet the urgent needs of global tech
players scaling their AI infrastructure in Southeast Asia, with target RFS in
Q4, 2026.
“Thailand stands out as one of Asia’s most compelling digital growth markets,” said John Freeman, CEO of Digital Edge. “We are privileged to partner with B.Grimm Power on this landmark initiative. Together, we are introducing world-class data center infrastructure powered by sustainable energy—at hyperscale capacity and accelerated speed. As demand for AI and machine learning continues to surge, our entry into Thailand comes at an ideal time to support the country’s digital transformation.”
Dr. Harald Link,
Group President of B.Grimm Power Plc, added: “Our collaboration with Digital
Edge is a major milestone in our commitment to Thailand’s digital future. By
combining renewable energy with cutting-edge data center technology, we’re
enabling the country’s transformation into a regional AI and cloud innovation
hub.”
Digital Edge is known
for its rapidly growing, energy-efficient data center platform spanning nine
countries across Asia Pacific. With 24 data centers in operation and under
construction and over 1.1GW of secured IT power, the company is helping shape
the region’s digital future. Its entry into Thailand underscores its mission to
bridge the digital divide and enable AI-at-scale across emerging markets in
Asia.
With a legacy of over 147 years, B.Grimm has been a pioneer in sustainable energy solutions and one of
Thailand’s largest industrial power producers (SPP)—making it a major player in
the energy sector. With a significant land bank and deep experience in
greenfield infrastructure, its robust portfolio of combined cycle co-generation
and renewable energy assets ensures that the new data center campuses will meet
the rising demands for both performance and sustainability. Recognizing the
importance of adapting to the digital era, B.Grimm Power is strengthening its
organization by integrating innovation and digital technology, while
collaborating with partners to create solutions that meet customer needs and
support Thailand’s transformation into a regional digital hub. Natixis is
acting as exclusive financial advisor to B.Grimm Power for this strategic
partnership.
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