Keppel is pleased to announce the structural completion of Keppel DC Singapore 8, its latest data centre asset in Singapore at a topping out ceremony. The purpose-built, carrier-neutral colocation data centre facility is the second of three planned complexes situated within the Keppel Data Centre Campus at 82 Genting Lane.
Built to Tier 3 equivalent, the six-storey Keppel DC Singapore 8 has a net lettable area (NLA) of approximately 100,882 sq ft (9,372 sqm) and is fully-leased to clients from across the cloud services, internet enterprise and telecommunications sectors. Keppel’s Data Centre and Networks Division will serve as the operator and facility manager for Keppel DC Singapore 8, when the first phase of this complex is ready for service, which is expected in 3Q 2024.
Mr Wong Wai Meng, CEO (Data Centres) of Keppel’s Data Centres and Networks Division, said, “Together with our partner, Cuscaden Peak, we are pleased to mark the structural completion of our second data centre in the Keppel Data Centre Campus, which stands for our shared commitment to support the long-term growth of Singapore’s digital economy.
“Keppel DC Singapore 8 demonstrates Keppel’s deep capabilities, as an asset manager and operator, to deliver both critical digital infrastructure that the world needs as well as high-quality alternative real assets that investors seek. Together with our stakeholders, Keppel will continue to push the envelope for sustainable data centres, as we explore more ways to optimise resource efficiency and reduce carbon emissions, including through the use of renewable energy to power and future-proof our assets.”
Keppel and Cuscaden Peak Investments Private Limited through their respective subsidiaries respectively have a 60:40 stake in a joint venture, Memphis 1 Pte. Ltd., which holds the leasehold interest in the site where the campus situated. The development of the first two complexes is partially funded by capital from Keppel’s private fund Alpha Data Centre Fund.
With a total planned GFA of about 659,612 sq ft (61,280 sqm), the Keppel Data Centre Campus will set new benchmarks for sustainable data centres through the use of cutting-edge solutions and best practices for greener operations. The first complex, Keppel DC Singapore 7, was awarded the BCA-IMDA Green Mark (Platinum Award) for New Data Centres in 2022. Keppel DC Singapore 8, features advanced equipment and designs that help to reduce construction waste and water consumption, as well as improve the efficiency of its cooling and facility management systems to enable more sustainable operations.
As a leader in data centre solutions, Keppel is well-placed to capitalise on increasing digitalisation, adoption of cloud services by enterprises and rapid growth in Internet of Things and generative AI, to create high-quality and more sustainable digital infrastructure both in Singapore and overseas. One such example is Keppel’s latest data centre asset in Shanghai, which recently achieved “Ready for Service” status. Spanning 239,239 sq ft (22,226 sqm) and located in one of the key financial hubs in China, the Shanghai Data Centre 1 in Qingpu District is well positioned to serve financial and banking sector clients, as well as domestic and foreign cloud service providers and internet enterprises, in Greater Shanghai. Shanghai Data Centre 1 is also partially funded by capital from Keppel’s private fund, the Keppel Data Centre Fund II.
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About Keppel
Keppel Ltd. (SGX:BN4) is a global asset manager and operator with strong expertise in sustainability-related solutions spanning the areas of infrastructure, real estate and connectivity. Headquartered in Singapore, Keppel operates in more than 20 countries worldwide, providing critical infrastructure and services for renewables, clean energy, decarbonisation, sustainable urban renewal and digital connectivity. Keppel creates value for investors and stakeholders through its quality investment platforms and diverse asset portfolios, including private funds and listed real estate and business trusts.