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PAG’s Flow, PDG Announce Data Centre Milestones in Philippines, India

2022/12/11 by Christopher Caillavet Leave a Comment

Ayala Flow data centre

Flow chairman Kris Kumar (centre) and CEO Amandine Wang (fourth right) joined ALLHC’s Patrick Avila (far left)

Two regional players in the red-hot data centre space announced milestones this week, with Flow Digital Infrastructure breaking ground on a Philippine campus and Princeton Digital Group launching its flagship Indian facility in Mumbai.

Singapore-based Flow, a unit of Hong Kong private equity firm PAG, began construction of the ML1 campus south of Manila on Wednesday as part of its A-Flow joint venture with AyalaLand Logistics Holdings Corp, a subsidiary of Ayala Land.

The three-building Laguna facility, Flow’s first data centre project in the Philippines, will have an initial capacity of 6 megawatts that can be ramped up to 36MW, Flow said in a release. The target service date is the end of 2024.

“We believe our cutting-edge digital infrastructure solutions and ML1’s strategic location, bolstered by the synergy between Flow and ALLHC, will enable customers in the region to scale rapidly and seamlessly,” said Flow CEO Amandine Wang.

Partnership Takes Off

Flow and ALLHC formalised their partnership in October after announcing a joint venture agreement in May.

rangu salgame PDG

PDG co-founder, chairman and CEO Rangu Salgame

The Laguna JV is the first project unveiled by Flow in the region since PAG, which has $50 billion in assets under management around the region, launched the data centre initiative last year. A proposed $18 million buyout of Australian data centre firm DXN, announced in August, reportedly collapsed a few months later. With the equity deal having foundered, in late November Flow signed an agreement to export DXN’s modular data centre technology.

ALLHC chief operating officer Patrick Avila said A-Flow took pride in contributing to the Philippines’ fast-growing needs and transition towards a digital economy.

“As we mark the beginning of the development of our first data centre campus, we at ALLHC and Flow look forward to serving enterprises and global hyperscalers, and eagerly anticipate their continued growth with us,” Avila said.

Speedy Delivery

Also on Wednesday, Singapore-based Princeton Digital Group launched its flagship Indian data centre, dubbed MU1. The facility provides 48MW of capacity across two buildings and boasts IGBC Platinum certification.

With an investment of $300 million, MU1 is built across 6 acres (2.4 hectares) within a larger IT campus at Airoli, Navi Mumbai. PDG delivered MU1 within 20 months of the project’s announcement and ahead of the scheduled timeline, the company said in a release.

“India is one of the fastest-growing data centre markets in the world today and is a key focus market for PDG,” said co-founder, chairman and CEO Rangu Salgame. “We are committed to delivering hyperscale-grade capacity at global standards to our customers in India.”

Founded in 2017 and backed by global investors Warburg Pincus, Mubadala Investment Company and the Ontario Teachers’ Pension Plan, PDG has a presence in five countries with a portfolio of 20 data centres and 600MW capacity.

Note: This story has been updated to show that Flow signed a distribution deal with DXN last month.

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Filed Under: Data Centres Tagged With: Ayala Land, daily-sp, Data centres, Flow Digital Infrastructure, Manila, Mumbai, PAG, Princeton Digital Group

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