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KKR-Singtel Consortium Completes STTGDC Acquisition, Capacity 780MW
Business
— Aug 31, 2026
The KKR-Singtel consortium completed its acquisition of ST Telemedia Global Data Centres, retaining the company’s name and leadership while introducing a refreshed brand built around “Built Ready” to drive AI-ready data-center expansion across Asia, the UK and Europe. STTGDC reported strong momentum, with capacity up 25% to 780 MW since late 2025, contracted capacity up 50%, EBITDA up 30%, and a near 2 GW powered-land pipeline fueling ongoing growth.
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