Backed by a consortium of five leading international banks
Jakarta, Indonesia, 7 May 2026 – Princeton Digital Group (PDG), a leading data center operator in Asia, today announced that it has raised approximately USD 856 million in total financing, on the back of customer success, to support the build-out of its 120 MW JC3 campus.
The financing comprises a fully underwritten USD 456 million syndicated facility—underwritten by DBS, HSBC, Maybank, SMBC, and Standard Chartered—alongside an accordion facility of approximately USD 400 million currently in progress. Structured under PDG’s Green Finance Framework, the facility is among the largest green loans in the region.
“Securing this financing underscores both the strength of our business model and the confidence of leading global financial institutions in our ability to execute at scale,” said Rangu Salgame, Chairman, CEO and Co-Founder of PDG. “Indonesia is a key market in our portfolio, where demand for high-quality data center capacity continues to accelerate. As hyperscalers expand in the country, they require partners who can deliver at scale with speed, certainty, and global standards.”
PDG has established a significant presence in Indonesia with a total portfolio of 400 MW. The company has continued to expand its footprint through a series of milestones, including the recently announced launch of JC4, ongoing development of JC3, investments in renewable energy procurement, and strategic partnerships to enhance connectivity and sustainability across its operations. PDG’s total portfolio exceeds 1.8 GW across seven countries in Asia.
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About Princeton Digital Group
Princeton Digital Group (PDG) is a leading developer and operator of data centers. Headquartered in Singapore with presence and operations in Singapore, Japan, India, Indonesia, China, Malaysia and South Korea, its portfolio of data centers powers the expansion of hyperscalers and enterprises in the fastest-growing digital economies across Asia. For more information, visit www.princetondg.com or follow us on LinkedIn.
For more information please contact:
Princeton Digital Group
Selena Sheikh
[email protected]
Finn Partners for Princeton Digital Group
[email protected]