PDG agrees to sell Indonesian enterprise data centers to Sinar Mas-backed SMPlus Digital Investama
The deal covers five operating facilities across Greater Jakarta, Bandung, Surabaya and Pekanbaru; PDG keeps its 400-megawatt hyperscale campuses.
At a glance
Princeton Digital Group (PDG) has agreed to sell its Indonesian enterprise data center business to PT SMPlus Digital Investama, a Sinar Mas-backed digital infrastructure platform, according to IREI.
The sale covers five operational data center facilities across Greater Jakarta, Bandung, Surabaya and Pekanbaru.
Rangu Salgame, PDG's chairman, chief executive and co-founder, said the company plans to keep investing in its 400-megawatt hyperscale business in Indonesia, which includes the JC2, JC3 and JC4 campuses.
Princeton Digital Group (PDG) has agreed to sell its Indonesian enterprise data center business to PT SMPlus Digital Investama, a Sinar Mas-backed digital infrastructure platform, according to IREI.
The sale covers five operational data center facilities across Greater Jakarta, Bandung, Surabaya and Pekanbaru. PDG acquired the facilities when it entered Indonesia in 2019 and has since invested in and enhanced the portfolio.
Rangu Salgame, PDG's chairman, chief executive and co-founder, said the company plans to keep investing in its 400-megawatt hyperscale business in Indonesia, which includes the JC2, JC3 and JC4 campuses. “From the outset of PDG’s founding, our strategy has been to enter a market, establish a strong operating presence, then expand for scale,” he said.
Financial terms were not disclosed. PDG's total portfolio exceeds 1.8 gigawatts across eight countries in Asia Pacific.
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