Keppel Data Centre Fund II attains $1.48b in funding

It got Asian Infrastructure Investment Bank as its investor.

An aggregate of $1.48b (US$1.1b) in funding from the Asian Infrastructure Investment Bank (AIIB) was attained by Keppel Data Centre (KDC) Fund II.

The move also included co-investment capital KDC Fund II.

In a breakdown, $134.61m (US$100m) into KDC Fund II through a parallel fund structure, as well as $67.30m (US$50m) through co-investments mark the final close of the funds. Proceeds of the investments will be used in the data centre sector in APAC and Europe.

Managing the KDC Fund II is Alpha Investment Partners Limited, a private fund manager under Keppel Capital.

“Data centres form the foundation of the digital economy which underpins almost every aspect of modern life today. We are pleased to welcome Asian Infrastructure Investment Bank as an investor and look forward to strengthening our partnership through the Keppel Data Centre Fund II, which is seizing opportunities arising from the burgeoning demand for quality data centres,” said Alvin Mah, CEO, Alpha Investment Partners Limited.

Follow the link for more news on

Keppel Corporation

investment

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia