PETALING JAYA: YTL Power International Bhd has acquired a 12.5MW green hyperscale data centre in Singapore, in line with the aim to expand its data centre presence in South-East Asia.
In a statement yesterday, YTL Power said its subsidiary YTL Data Center Holdings Pte Ltd (YTL DC) has completed the acquisition of Dodid Pte Ltd.
Dodid owns a Tier Three 12.5MW data centre in Singapore. Built and commissioned in 2018, Dodid is a green and state-of-the-art facility that serves the largest hyperscale customers in Asia.
The acquisition marks YTL DC’s first foray into the data centre industry outside Malaysia. YTL DC was founded in 2021 and is headquartered in Singapore.
YTL DC is also working closely with YTL PowerSeraya, Singapore’s second-largest power producer, and its retail arm Geneco on green energy solutions to enable the data centre to be run on renewable energy.
In addition, YTL DC is working on a pipeline of projects to roll out 300MW of green data centre capacity regionally by 2030.
YTL Power
These would primarily be in the key hubs of Singapore, Kuala Lumpur and Johor.
According to YTL Power, plans are underway to expand the group’s existing data centre facility in Sentul, Kuala Lumpur, to provide customers with close proximity network connectivity to key Internet exchange hubs in central Kuala Lumpur.
YTL DC will also utilise YTL Group’s expertise in renewable energy, telecommunications and construction to develop new data centre campuses in South-East Asia.
YTL Power managing director Datuk Yeoh Seok Hong (pic) said the burgeoning growth of the data centre market in South-East Asia amid digital transformation represents an exciting opportunity for YTL Power to expand its expertise in infrastructure to the digital age.
Based on the Cushman & Wakefield August 2019 Report, the South-East Asian data centre market has a size of US$3.5bil (RM14.79bil). The market is expected to grow at a compound annual growth rate of 13% over five years by 2024.
“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,” said Yeoh.
YTL Power is an international multi-utility group, listed on the Main Market.
It is also involved in communications and Internet-based solutions and services through YTL Communications Sdn Bhd – the operator of the “Yes” telecommunications platform, the first telecommunication company to launch fifth generation (5G) services in Malaysia.