Vantage Data Centers recently announced the company raised a record $10 billion in incremental debt and equity financing throughout 2023 to support the growing demand.
The new STT Johor data center campus will be built on over 22 acres of land, delivering a development potential of 120 megawatts of IT power supplied through diverse substations in close proximity to the new data center campus.
Developments will bring 500 megawatts (MW) of total IT load upon full build out of all four campuses for the Digital Realty and Blackstone Inc. venture
Blackstone-affiliated funds have agreed to establish a joint venture with Digital Realty to develop four hyperscale data center campuses across three metro areas on two continents.
The data center facility will represent 182,000 square feet on two floors and a 56,000 square foot state-of-the-art office and operations support center.
PowerHouse's strategy to redevelop the site to be a digital hub that supports the internet's evolution to Web3 brings the plot of land full circle, as there is a rich history of connectivity on the site.