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The Tech Capital Understanding 2024 data centre investment trends

In an era where artificial intelligence and cloud computing are reshaping economies and societies, data centre investment emerges as a critical intersection of technology and finance. 2024 promises unprecedented levels of activity in this sector, driven by growing demands for data processing, the proliferation of machine learning applications, and the expansive reach of hypers...

The Tech Capital ST Telemedia Global Data Centres inks $1.3bn deal with KKR and Singtel

Data centre colocation services ST Telemedia Global Data Centres (STT GDC) has secured S$1.75 billion (~US$1.3 billion) from a consortium led by global investment firm KKR (NYSE: KKR) and Singaporean telecommunications conglomerate Singtel (SGX: Z74). Upon the full exercise of Redeemable Preference Shares (RPS) with detachable warrants, the consortium has committed an addit...

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