Digital Edge JV to Develop 100MW Thai Data Centre Campus Under $1B Plan

Singapore-based Digital Edge has set up a joint venture with Thailand’s B.Grimm Power to build a 100-megawatt data centre campus in the industrial heartland east of Bangkok.

Operating under the brand name Digital Edge DC, the partnership aims to invest $1 billion to develop hyperscale and AI-ready campuses across Thailand to meet surging demand for digital infrastructure, the companies said Monday in a release. The flagship project, located in the Eastern Economic Corridor, is expected to enter service by the fourth quarter of 2026.

Digital Edge chief executive John Freeman said Thailand stands out as one of Asia’s most compelling digital markets, with the kingdom’s data centre sector projected to grow at a compound annual rate of more than 25 percent through 2030.

“As demand for AI and machine learning continues to surge, our entry into Thailand comes at an ideal time to support the country’s digital transformation,” said Freeman, who succeeded co-founder and longtime CEO Samuel Lee at the helm in March.

High-Powered Partner

B.Grimm Power, a unit of the Bangkok-based conglomerate led by Harald Link, is one of Thailand’s largest industrial power producers. The SET-listed company aims to increase the share of renewable energy in its power mix to over 50 percent by 2030 and achieve net-zero carbon emissions by 2050.

“By combining renewable energy with cutting-edge data centre technology, we’re enabling the country’s transformation into a regional AI and cloud innovation hub,” Link said.

The 100MW EEC project will feature high-density colocation, interconnectivity and hybrid cloud solutions tailored for hyperscalers, AI workloads and enterprise digital transformation, according to the JV partners, with construction being fast-tracked to meet the urgent needs of global tech players scaling their AI infrastructure in Southeast Asia.

Backed by US private equity firm Stonepeak, Digital Edge has 24 data centres in operation or under construction with over 1.1 gigawatts of secured IT power across nine Asia Pacific countries. The company announced in January that it had raised more than $1.6 billion in equity and debt financing, with the capital earmarked for expanding its digital infrastructure in Asia.

Market Heats Up

Thailand’s government in March announced its approval of three data centre projects with a combined IT load capacity of 347MW and representing a total investment of THB 90.9 billion ($2.7 billion).

The largest of the projects, a THB 72.7 billion data centre with a planned 300MW of capacity, is a development of Beijing Haoyang Cloud Data Technology, a mainland China platform whose investors include US private equity major Apollo Global Management.

The other greenlit projects include Singapore-based Empyrion Digital’s edge co-location data centre in Bangkok, dubbed TH1, a THB 4.7 billion facility with an IT load of 12MW, and a THB 13.5 billion project of GSA, a tie-up of Singapore’s Singtel and Thai firms Gulf Energy and AIS, with plans calling for 35MW of capacity at the facility in Chonburi province.

Global tech titans have also turned their attention to Thailand’s burgeoning data centre market, with Google unveiling a $1 billion digital infrastructure investment plan for the kingdom in September and TikTok maker ByteDance winning a BOI nod for $3.8 billion in projects in January.

Others circling the market include US data centre giant Equinix, which announced a plan in October to invest $500 million in Thailand’s digital infrastructure over the next decade. The same month, Bloomberg reported that Dubai-based Edgnex would spend $1 billion on three or four data centre projects in the country through a joint venture with local operator Proen Corp.

News of the multibillion-dollar proposals followed Microsoft’s declaration last May of “significant commitments” to new cloud and AI infrastructure in Thailand.