Recently, Seraya Partners from Singapore finalized an $800 million fund dedicated to driving growth in the Asian infrastructure landscape, particularly in data center operations and the transition towards greener energy sources.  

This investment firm, based in Singapore, Seraya Partners recently closed an $800 million fund aimed at catalyzing new infrastructure projects in various Asian markets, particularly focusing on data centers and facilitating the transition to greener energy. This initiative enjoys backing from several investors, including BlackRock as well as the Asian Infrastructure Investment Bank (AIIB).

Aiming at mid-market investment opportunities, the fund is structured to back infrastructure ventures in Asia , with an average investment size of around $100 million. 

The equity firm has carefully pinpointed the supply-demand discrepancies within the domains of digital infrastructure and the energy transition, making significant progress in allocating fund resources. It is worth noting that nearly 50% of the funds have already been channeled towards three prominent companies in Asia: a data center operator, Empyrion DC , the maritime operator for offshore wind farms known as Cyan Renewables, and the renewable energy company Astrid Renew.

Capital for the new fund raised by Seraya Partners has been secured from a varied pool of global institutional investors, which encompasses sovereign wealth funds, pension schemes, as well as family offices across North America, Europe, and the Asia-Pacific region.

Growth of Data Center Infrastructure in the APAC Region Exhibits Strong Momentum

In the previous year, the fund kickstarted a $400 million data center venture in South Korea , managed by Empyrion DC. This initiative, rooted in the equity firm’s operational framework, zeroes in on data centers across the APAC markets, particularly prioritizing green energy projects within the data center sector to tackle deficiencies in Asia's evolving data center industry.

The APAC area has emerged as one of the fastest-growing markets in the global data center development scene, spearheaded by nations like Japan, India , China, Australia, South Korea , Taiwan, and several countries in Southeast Asia.

In an exciting turn of events, leading tech giants such as Amazon Web Services ( AWS ), Google, and Microsoft, have unveiled plans ) have pledged to invest a staggering $8.46 billion in Thailand, indicating their strong interest in establishing data centers there.

Data centers These data centers play an integral role as the backbone of today’s internet, facilitating the seamless exchange of information and digital services. Corporations are strategically positioning themselves to invest in this domain to contribute meaningfully to Asia's evolving digital landscape.