Princeton Digital Group Accelerates AI Infrastructure Growth Across Asia Pacific with $1.3 Billion Capital Injection
Princeton Digital Group (PDG), a leading data center platform, is positioning itself at the forefront of AI infrastructure expansion in the Asia Pacific region following a substantial $1.3 billion equity investment. Rangu Salgame, PDG’s Chairman, CEO, and co-founder, revealed in a recent interview at the 2025 APAC Data Centre Forum that the company is rapidly scaling its footprint across key Asian markets to meet surging demand.
Strategic Capital Infusion to Fuel Rapid Expansion
In July, US-based private equity firm Stonepeak committed $1.3 billion to acquire preferred equity shares in PDG, marking a significant milestone in the company’s growth trajectory. This investment is part of a broader capital raise exceeding $3 billion in 2024, including $1.2 billion in debt financing. Salgame emphasized that the influx of funds is critical to keeping pace with the unprecedented acceleration in AI-related data center demand, which now requires delivering hundreds of megawatts of capacity within compressed timelines.
Expanding Footprint with High-Capacity Facilities
PDG’s flagship 96MW campus near Tokyo, which became fully operational in April, represents a $1 billion investment and serves as the company’s inaugural facility in Asia’s largest data center market. This campus exemplifies PDG’s commitment to building hyperscale infrastructure capable of supporting intensive AI workloads.
Currently, PDG operates over 553MW of live IT capacity across 16 data centers spanning China, Indonesia, Singapore, Malaysia, India, and Japan. This extensive network positions PDG as the leading data center operator in Asia Pacific outside of mainland China. Salgame highlighted that the company is witnessing demand surges that require scaling capacity by triple-digit megawatts rapidly, driven primarily by hyperscale cloud providers and AI training requirements.
Ambitious Growth Plans Across Key Asian Markets
PDG is targeting over 1GW of operational capacity in the region, with existing assets including 100MW in Greater Tokyo, 390MW across two facilities in Johor, Malaysia, and a 150MW campus in Mumbai. The company is actively developing projects in Indonesia and mainland China, with plans to deepen its presence in India and Japan. Additionally, PDG aims to enter emerging markets such as South Korea and Australia within the coming months.
“Our roadmap includes significant expansion in established and new markets to meet the escalating AI infrastructure needs,” Salgame stated. This strategic diversification aligns with the growing cloud adoption in Asia Pacific, which is currently expanding at an estimated annual rate of 20%.
Leading the Hyperscale AI Infrastructure Wave
With over $2.5 billion raised in 2024 alone, PDG is well-capitalized to lead the hyperscale data center buildout essential for AI deployments. The company’s robust financial backing, including the Stonepeak equity infusion and multiple debt facilities, underpins its ambition to deliver multi-gigawatt capacity across Asia Pacific within the next few years.
Salgame projects that PDG could add approximately two gigawatts of capacity over the next three to four years, reflecting the rapid pace at which AI infrastructure demand is evolving. “The next gigawatt of capacity will be deployed much faster than before,” he noted, underscoring the urgency and scale of the opportunity.
Upcoming Industry Engagements and Market Outlook
Following the conclusion of the 2025 APAC Data Centre Forum, PDG and industry stakeholders will convene at the second annual Tokyo Forum on November 5, hosted at the Mandarin Oriental Tokyo. This event will gather global investors and local leaders to explore investment prospects in Japan’s residential, hospitality, and commercial real estate sectors, further highlighting the region’s dynamic growth environment.
As AI continues to reshape technology infrastructure demands, PDG’s strategic investments and market expansion efforts position it as a pivotal player in Asia Pacific’s data center ecosystem, driving innovation and capacity to support the next generation of AI applications.
