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Keppel data centre fund to jointly develop greenfield data centre in China for $292.0 mil

Felicia Tan
Felicia Tan • 3 min read
Keppel data centre fund to jointly develop greenfield data centre in China for $292.0 mil
KDCF II, which is managed by Alpha Investment Partners Limited (Alpha), is the private fund management arm of Keppel Capital. Photo: Keppel Corporation
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Keppel Data Centre Fund II LP (KDCF II) has entered into a strategic partnership with Heying to jointly develop a greenfield data centre in Greater Beijing, China.

The latest development marks Keppel’s sixth project since entering the Chinese data centre market in 2020.

Heying is the wholly-owned subsidiary of Tianjin Zhengxin Group Co., Ltd.

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