10 October 2022

Keppel’s latest data centre at Genting Lane achieves BCA Green Mark Platinum Award

Keppel Data Centre Singapore 7 (KDC SGP 7), located at Genting Lane in Singapore, has achieved the BCA Green Mark Platinum Award, based on the Green Mark for New Data Centres. This is the highest green accolade conferred by Singapore’s Building and Construction Authority (BCA) specifically for new data centre developments. The BCA Green Mark awards recognise developers, building owners and individuals who have made outstanding achievements in environmental sustainability in the built environment.

Sustainability has been a key guiding principle in the design of KDC SGP 7, which incorporates green features such as energy-efficient equipment and advanced technologies to improve performance of the chiller plant and data hall cooling systems, as well as reduce water consumption.

Keppel Data Centres Holdings Pte. Ltd. (Keppel Data Centres) and Cuscaden Peak Investments Private Limited (Cuscaden Peak Investments) through their respective subsidiaries have a 60:40 stake in a joint venture, Memphis 1 Pte. Ltd. (Memphis 1), which owns the industrial site, 82 Genting Lane, where KDC SGP 7 is situated. Development of the data centre is funded by way of debt securities that have been issued by Memphis 1 to Alpha Data Centre Fund (ADCF)[1], Keppel Data Centres and Cuscaden Peak Investments.

Being built to Tier III specifications, KDC SGP 7 will have a gross floor area (GFA) of approximately 185,462 sq ft (17,230 sqm). Keppel Data Centres is currently developing the seven-storey data centre and will serve as its operator and facility manager when the property is completed and operational in the second quarter of 2023.

Mr Wong Wai Meng, CEO of Keppel Data Centres, said, “As an industry leader in data centres, Keppel has been focused on developing innovative solutions for greener data centres, harnessing technology, as well as working with customers and industry partners to reduce the carbon footprint of our assets. We are honoured to receive the BCA Green Mark Platinum Award, which is testament to Keppel’s commitment to deliver high-quality, robust digital infrastructure while balancing environmental considerations.”

Mr Alvin Mah, CEO of Alpha, said, “We are delighted KDC SGP 7 was conferred the BCA Green Mark Platinum Award, which is an affirmation of our Vision 2030 commitment to place sustainability at the core of our strategy and continuous effort to deliver value for our investors. As demand for data centres continue to accelerate, Alpha is able to leverage the expertise of the Keppel Group and industry partners to connect investors with quality investment opportunities in the fast-growing green data centre sector.”  

 

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About Keppel Data Centres

Keppel Data Centres Holding (Keppel Data Centres) is a 70-30 joint venture between Keppel Telecommunications & Transportation (Keppel T&T) and Keppel Land, both subsidiaries of Keppel Corporation, one of Singapore’s flagship multinational companies with a global footprint in more than 20 countries. Keppel provides solutions for sustainable urbanisation, focusing on four key areas comprising Energy & Environment, Urban Development, Connectivity and Asset Management. 

Keppel Data Centres has a track record of more than a decade in owning, developing and managing high-quality carrier-neutral data centre facilities that support mission-critical computer systems. Strongly committed to environmentally sustainable business practices, Keppel Data Centres offers a comprehensive range of wholesale, build-to-suit and co-location solutions built to the highest industry standards. 

Keppel T&T is also the sponsor of Keppel DC REIT, the first data centre Real Estate Investment Trust (REIT) listed in Asia and on the SGX-ST. Keppel Data Centres, together with other members of Keppel Group, owns and operates a global portfolio of 30 data centres located in key data centre hubs across Asia Pacific and Europe. 

For more information, please visit www.keppeldatacentres.com

About Keppel Capital

Keppel Capital is a premier asset manager in Asia. It is the asset management arm of Keppel Corporation, one of Singapore’s flagship multinational companies with a global footprint in more than 20 countries. Keppel Corporation provides solutions for sustainable urbanisation, focusing on energy & environment, urban development, connectivity and asset management.

With assets under management of approximately S$42 billion[2], as at end-2021, Keppel Capital has a diversified portfolio that includes real estate, infrastructure and data centre assets in key global markets.

Keppel Capital aims to create value and deliver sustainable returns for institutional and retail investors through a range of products including listed REITs, business trusts, private funds, separate accounts and pooled investment vehicles.

About Cuscaden Peak Investments Private Limited

Cuscaden Peak Investments Private Limited (formerly known as Singapore Press Holdings Private Limited before it was privatized on 13 May 2022) is a wholly owned subsidiary of Cuscaden Peak Pte. Ltd. (“Cuscaden Peak”), a consortium made up of three shareholders - Hotel Properties Limited; Mapletree Investments Pte. Ltd., and CLA Real Estate Holdings Pte. Ltd. It has businesses in Retail & Commercial, Purpose-Built Student Accommodation (PBSA), Aged Care and Events Management Businesses.

On the retail and commercial front, Cuscaden Peak owns ~61% stake in SPH REIT, whose portfolio comprises three properties in Singapore, namely Paragon, The Clementi Mall and The Rail Mall. In Australia, SPH REIT holds an 85% stake in Figtree Grove Shopping Centre and a 50% stake in Westfield Marion Shopping Centre. Cuscaden Peak Investments also has joint venture stakes in The Seletar Mall and an upcoming integrated development consisting of The Woodleigh Residences and The Woodleigh Mall.

We are a leading player in PBSA, owning and operating a portfolio of assets in 18 cities across the United Kingdom and Germany. We also own Orange Valley, one of Singapore’s largest private nursing homes platform, with an additional six assets in Japan. Cuscaden Peak Investments also has a stake in Constellar Holdings, which operates events development and management, as well as event space management businesses.

 

 

[1] ADCF is managed by Keppel Capital’s Alpha Investment Partners Limited (Alpha)
[2] Gross asset value of investments and uninvested capital commitments on leveraged basis to project fully-invested AUM.