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KKR-Singtel Consortium Completes STTGDC Acquisition, Unveils 'Built Ready' Brand

By Burstable Editorial Team
STTGDC's acquisition by a KKR-led consortium and Singtel is complete, launching a refreshed brand to accelerate AI-ready digital infrastructure growth.

STTGDC announced the completion of its acquisition by a consortium led by global investment firm KKR and Singtel, marking a pivotal moment in the company's evolution. The new ownership structure provides long-term capital, increased financial flexibility, and the consortium's global infrastructure expertise, enabling STTGDC to scale its AI-ready digital infrastructure platform. The company retains its name but launches a refreshed global brand anchored in 'Built Ready,' reflecting its commitment to delivering reliable, resilient, and AI-ready infrastructure across Asia, the United Kingdom, and Europe.

Bruno Lopez, President and Group CEO of STTGDC, emphasized the significance of this transition: "Today marks the most important turning point in STTGDC's evolution since we founded the company more than 12 years ago. With the KKR-Singtel consortium's investment, we have greater capacity to grow and execute at scale while remaining true to the values and customer commitment that have defined STTGDC from its inception." He added that the refreshed brand embodies the company's responsibility as digital infrastructure becomes increasingly critical to economies and communities.

The acquisition comes on the heels of strong operating momentum. Since the end of 2025, operational capacity has increased by 25% to 780MW, contracted capacity has grown by 50%, and annualised EBITDA has risen by 30% (for the period December 2025 through June 2026). This growth is driven by sustained demand from hyperscalers, cloud service providers, AI customers, and enterprises across its markets. As AI transforms the scale and complexity of data centre development, the industry's key challenge is converting demand into delivered capacity, which requires coordinated planning across power, cooling, design, supply chains, financing, and local market conditions.

STTGDC's growth strategy remains focused on markets with robust fundamentals, such as customer requirements, power availability, and policy alignment. With close to 2GW of powered land secured for assets under construction and pipeline development, the company is well-positioned to convert demand into capacity. Its global platform capabilities and local execution expertise enable it to navigate distinct operating conditions in each market.

In India, STTGDC operates 34 data centres across 10 cities, with more than 613MW of IT capacity, and is strategically scaling its IT load to support the country's digital economy. In Indonesia, the company is expanding its Jakarta campus, advancing a pipeline of over 360MW of AI-ready IT capacity backed by secured power. Singapore remains strategically important, and STTGDC has been selected to develop 50MW of sustainable, AI-ready data centre capacity, supporting the nation's ambitions as a trusted hub for AI and digital infrastructure.

Responsible growth continues to be integral to STTGDC's operations. The company already sources 83.2% of its electricity from renewable energy, surpassing its 2028 carbon intensity reduction target three years ahead of schedule. It works closely with governments, customers, and communities to address local priorities and maintain its social licence to operate.

With the completion of this acquisition, STTGDC enters a new chapter with the backing of a consortium that brings long-term capital and global infrastructure experience. The company is poised to accelerate its growth and deliver critical infrastructure that supports the next generation of cloud and AI services, while maintaining continuity of strategy, leadership, and customer commitment.

Burstable Editorial Team

Burstable Editorial Team

@burstable

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