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KKR-Led Consortium Completes Acquisition of ST Telemedia Global Data Centres

KKR & Co. logoKKR & Co.
Sig3.51Sen+4.85Env+2.08Soc+0.89Gov+0.66
Singtel logoSingtel
Sig3.60Sen+4.16Env+0.94Soc+0.95Gov+1.59

A KKR-led consortium with Singtel has completed its acquisition of ST Telemedia Global Data Centres, and STTGDC will retain its leadership and strategy. The investment is expected to add capital and financial flexibility for further expansion. Operational capacity rose 25% to 780 MW by June, contracted capacity increased 50%, and annualised EBITDA grew 30%.

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