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Hong Kong data centre operator SUNeVision Holdings Ltd. (SEHK: 1686) has cut the ribbon on its hyperscale data centre MEGA Gateway located in Tsuen Wan. MEGA Gateway, whose delivery has been delayed due to Hong Kong’s stringent COVID-19 restrictions, is SUNeVision’s seventh portfolio facilit...
April 06
The Financial Times and Light Reading have recently reported on alleged Chinese interference in submarine cable construction, namely the Southeast Asia-Japan 2 consortium (SJC2) cable, along the critical South China Sea (SCS) route. This has, until recent years, been the preferred route for intra-Asia submarine cables crisscrossing the Asia Pacific and for cables crossing th...
March 16
Real estate private equity firm Gaw Capital Partners has formed a JV platform jointly with A3 Capital to invest in greenfield and under-performing data centre assets across Southeast Asia. The joint platform will assume the name of Infinaxis Data Centre with hard assets to be managed by Infinaxis, and staffed by a data centre team originally under A3 Capital. The JV’...
February 23
Chinese data centre operator Chindata Group Holdings Limited (Nasdaq: CD) has priced its US$300 million in aggregate principal amount of senior notes due 2026. The Notes were assigned BBB- by Fitch. It will bear interest at a coupon rate of 10.500% per annum and will be issued at a price of 99.061% of the aggregate principal amount. The offering of Notes attracted unprec...
February 17
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