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The company, who currently only manages sites in Malaysia, has carried out its first overseas acquisition in Singapore.
Founder and Editor, The Tech Capital
December 21, 2021 | 6:00 AM GMT
Singapore-based YTL Data Center Holdings Pte Ltd (YTL DC), the digital infrastructure subsidiary of YTL Power International Bhd, said it is projecting to bring online 300MW of data centre capacity across Southeast Asia by 2030.
The data centres are set to be located in key geographies including Singapore, Kuala Lumpur and Johor, amongst others.
The plans were this week boosted as the company closed on the acquisition of a 12.5MW data centre in Singapore.
The facility was owned by Dodid Pte Ltd and is YTL DC’s first non-Malaysian location.
YTL DC said it is working with YTL PowerSeraya, Singapore’s second-largest power producer, and its retail arm Geneco to enable the data centre to be run on renewable energy.
Datuk Yeoh Seok Hong, managing director for YTL Power, said: “This is a major strategic initiative as we seek to expand our infrastructure platform to build sustainable data-driven ecosystems powered by renewable energy, which will help meet the region’s growing appetite for cloud-based solutions and services.
“With YTL’s deep expertise in key telecommunications and electricity markets in Singapore, Malaysia and Indonesia, we are able to extract synergies from across the YTL group’s core businesses to bring cost efficiencies and long-term value to customers.”
He added that plans are underway to expand YTL group’s existing data centre facility in Sentul, Kuala Lumpur.
“YTL DC will also utilise the YTL group’s expertise in renewable energy, telecommunications and construction to develop new data centre campuses in Southeast Asia,” he said.
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