Princeton Digital to Spend $1 Billion on New Asian Data Centers

Princeton Digital Group will spend $1 billion to build new datacenters to support its operations in Singapore, underscoring long-term demand for the infrastructure that powers Southeast Asia’s fast-growing digital economy.

The Singapore-based company said the new campus it will build in Batam — an Indonesian island a few miles off the coast of the city-state — will allow its customers to expand their infrastructure as investment in the region grows. It has secured power for the 96-megawatt facility.