Keppel Data Centres injects interest in Keppel DC Singapore 4 into Alpha Data Centre Fund

SINGAPORE (July 18): Keppel Data Centres Holding (KDCH) has entered into a share purchase agreement with Thorium DC, a 70-30 joint venture company between the Alpha Data Centre Fund and KDCH, for the transfer of the entire issued share capital of Keppel DC Singapore 4 (KDC SGP 4) for a consideration of $170 million.

KDC SGP 4 is located in close proximity to KDCH-operated data centres in Tampines – Keppel DC Singapore 2 and 3.

Featuring 182,000 sf of gross floor area over five floors, the carrier-neutral facility achieved TOP in mid-2017, and has more than 25% of its data centre space committed.

---

Related Stories

• Keppel Corporation 1QFY2023 revenue up 9% y-o-y, net profit 'significantly higher' with O&M disposal gain
• Keppel's China logistics property fund partners BLOGIS, acquires first asset in Wuhan
• Keppel Infrastructure Trust and other Keppel units to acquire South Korean waste management firm for $666 mil

---