Bridge Data Centres (Bridge DC) has bagged $2.8 billion in bank financing to fund its expansion plans.
The funding has been underwritten by “a consortium of international and cross-regional banks,” according to the Bain Capital-backed business.
It is hoped that the money will help “accelerate development of hyperscale campuses in high-growth markets, including Malaysia, Thailand and beyond,” a Bridge DC statement said.
“This financing milestone underscores strong market confidence in Bridge Data Centre’s leadership, underpinned by record contracted capacity growth,” said Eric Fan, president of Bridge Data Centres. “More than 11 lead banks have committed to the largest ever bank facility, reinforcing Bridge DC’s strong backing from diverse financial institutions.”
Bridge DC operates across the APAC region. In Malaysia, it has six data centers in operation or development. The company announced plans for the first 16MW building at its MY03 site in Kuala Lumpur’s Mranti Park in 2021, and committed to an expansion in 2023. The company operates two facilities in Cyberjaya with a third in development, and launched a data center outside Johor in 2022.
Most recently, in October 2024, it agreed a joint venture with Malaysian developer Mah Sing Group Berhad to develop a 200MW campus outside Kuala Lumpur.
In Thailand, it currently operates a single facility in the capital city of Bangkok, which it purchased in 2022.
“Bridge Data Centres has consistently demonstrated its ability to execute on its ambitious growth strategy, delivering world-class data center solutions that meet the rapidly evolving needs of hyperscalers driven by generative AI,” said Drew Chen, partner at Bain Capital.
“This landmark financing facility is a testament to the strength of Bridge DC’s business growth trajectory. Bain Capital is proud to support Bridge DC as it continues to expand its footprint and consolidate its position as a leader in APAC’s digital infrastructure landscape.”
