Key Takeaways
Southeast Asian hyperscale data infrastructure provider Bridge Data Centres (Bridge DC) announced it secured $2.8 billion in financing to expand across the Asia-Pacific region (APAC).
Bridge DC secured funding from 11 banks, making it one of the largest data center investments in APAC, which includes East Asia, Southeast Asia, South Asia, Oceania, and North Asia.
Eric Fan, President of Bridge DC, called the investment a “financing milestone [that] underscores strong market confidence in Bridge Data Centre’s leadership.”
“More than 11 lead banks have committed to the largest ever bank facility, reinforcing Bridge DC’s strong backing from diverse financial institutions,” Fan said.
Bain Capital acquired Bridge DC in 2017 as part of a larger strategy to expand its pan-Asian data center platform.
Drew Chen, a partner with Bain Capital, noted that partnering with Bridge DC was a no-brainer.
Chen said: “Bridge Data Centres has consistently demonstrated its ability to execute its ambitious growth strategy, delivering world-class data center solutions that meet the rapidly evolving needs of hyperscalers driven by generative AI.”
Why This Deal Matters
The investment comes at a perfect time.
With a growing digital economy and, subsequently, an increasing demand for infrastructure, APAC is a prime opportunity for data center development.
It’s considered an untapped market, especially compared to the U.S. and Europe, with more than 4 billion people in the region.
In 2021, APAC accounted for 37% of the world’s GDP, with projected growth to reach 42% by 2040.
More specifically, China, Japan, India, and South Korea play a dominant role in global trade:
- China leads as the world’s largest exporter, accounting for 13% of global exports.
- Japan contributes 5.5%, specializing in high-tech electronics.
- India exports $440 billion annually, serving as a major IT services hub.
- South Korea exports $680 billion, driven by semiconductors and electronics.
Bridge DC sees that it’s time to open up the market to other countries, so it will begin building in Malaysia and Thailand.
Chen said: “Bain Capital is proud to support Bridge DC as it continues to expand its footprint and consolidate its position as a leader in APAC’s digital infrastructure landscape.”
