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Lendlease commences construction on 100 MW data centre campus in Japan for Princeton Digital Group

TOKYO, Jun 13, 2022 - (ACN Newswire via SEAPRWire.com) - Lendlease and Princeton Digital Group (PDG) today marked the commencement of construction of a 100 MW data center campus with a groundbreaking ceremony in Saitama City, north of Tokyo. This is the first project under Lendlease Data Centre Partners. Lendlease is developing and constructing the core and shell on a built-to-suit basis for PDG, on a long-term lease. PDG will invest in and operate the data center with its mechanical and electrical equipment. This data center will be one of the largest in Japan and is well poised to serve the hyperscale requirements of some of the world's largest cloud, commerce and content companies. The gross development value of the project post completion of all phases will be in excess of A$800 million for Lendlease, while PDG is investing US$1 billion of capital in this new data center.Andrew Gauci, Lendlease Managing Director, Japan & Head of Telecoms and Data Infrastructure, Asia; Rangu Salgame, Princeton Digital Group Chairman & CEO; Justin Gabbani, Lendlease Chief Executive Officer Asia; and, Varoon Raghavan, Princeton Digital Group Chief Operating Officer (L-R) at the groundbreaking ceremony in Saitama City, Japan.Artist's impression of the 100 MW data centre in Saitama City, Japan.Located in Saitama City, 30 km north of central Tokyo, the facility is sited on approximately 33,000 sqm of land in one of the major commercial centers in the Greater Tokyo area. The phased development is planned to deliver more than 60,000 sqm of gross floor area and close to 100 MW of IT capacity. Japan is the second largest data center market in Asia. Japan and Greater Tokyo are still in the early stages of growth, particularly in terms of entry and expansion of global hyperscalers.The new facility will be built to the latest hyperscale design and standards, offering enhanced scalability, connectivity and reliability. Kajima Corporation has been appointed as contractor and Nikken Sekkei Ltd designer. This phase will be completed in 2024.Andrew Gauci, Managing Director of Japan & Head of Telecoms and Data Infrastructure Asia:"We are excited to commence construction of our first data center project under Lendlease Data Centre Partners, for a Pan-Asia market leader like PDG. This contributes to the Japanese government's plans to increase data capability in the country and improve digital resilience. Data centers is also a key sector for Lendlease and we look forward to accelerating our growth in the data infrastructure sector across our strategic markets."Rangu Salgame, Chairman and CEO of Princeton Digital Group:"Today marks an important milestone in PDG's plans in Japan, which is an important and strategic market for our customers. The on-time commencement of construction is a validation of our approach of adopting the right model for each market such as working with leading developers like Lendlease for this project. Our continued track record of delivering on our commitments is a key factor in why PDG is a partner of choice for hyperscalers across the region."For more information please contact: LendleaseShizuka AoneShizuka.Aone@lendlease.com+81 80 3578 3971Princeton Digital GroupPritimukta Sarangi pritimukta.sarangi@princetondg.com PRecious Communications for Princeton Digital Group PDG@preciouscomms.com About Lendlease Lendlease is an international real estate group with core expertise in shaping cities and creating strong and connected communities. Our purpose is Together we create value through places where communities thrive. Headquartered in Sydney, Australia, and listed on the Australian Securities Exchange, Lendlease has operations in Australia, Asia, Europe and the Americas, with approximately 8,000 employees internationally. Our core capabilities are reflected in our operating segments of Development, Investments and Construction. For more information, please visit: www.lendlease.com About Princeton Digital GroupPrinceton Digital Group (PDG) is a leading developer and operator of Internet infrastructure. Headquartered in Singapore with presence and operations in China, Singapore, India, Indonesia, and Japan, its portfolio of data centers powers the expansion of hyperscalers and enterprises in the fastest-growing digital economies across Asia. For more information, www.princetondg.com or follow us on LinkedIn (www.linkedin.com/company/princetondg/). Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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NEC Signs the “Business Ambition for 1.5 degrees Celsius Pledge”

TOKYO, Oct 26, 2021 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) has signed the "Business Ambition for 1.5degC Pledge," aiming to keep the rise in global temperature within 1.5degC. The Business Ambition for 1.5degC Pledge is a campaign led by the United Nations Global Compact(1), We Mean Business(2), and the Science Based Targets (SBT) Initiative(3) that urges companies to set science-based targets aiming for net zero greenhouse gas (GHG) emissions by 2050. In response to this call, NEC is now aiming for net zero greenhouse gas emissions throughout its supply chain.NEC has been promoting initiatives to achieve the SBT 1.5degC target as a part of "Responding to Environmental Issues Centered on Climate Change," which is specified as one of the management priority themes of "Materiality" from the ESG perspective in NEC's "Mid-term Management Plan 2025." NEC is also a proud member of "RE100"(4).In order to accelerate its GHG reduction initiatives, NEC has resolved to operate its Tokyo-based headquarters and the "NEC Cloud IaaS"(5) cloud infrastructure service with only renewable electricity from the fiscal year 2022. NEC will also continue to steadily reduce GHG emissions from its own activities and supply-chain, as well as contribute to the reduction of GHG emissions from its customers.Furthermore, NEC Laboratories America, Inc., which conducts research and development of cutting-edge technologies, has joined "Princeton E-ffiliates Partnership"(6), a corporate membership program administered by the Andlinger Center for Energy and the Environment at Princeton University in the United States. The Andlinger Center develops a wide range of technologies and policy measures to tackle global energy and environmental issues. The Center convenes non-profits, government entities, and leaders across industries to find solutions in energy and the environment. E-ffiliates offers companies a unique opportunity to be part of this network and engage in close collaborations with affiliated faculties from a broad range of disciplines at the university. Through E-ffiliates, NEC will explore and pursue transformational innovations needed to help realize a decarbonized society.Going forward, NEC will continue to be a leader in decarbonization by utilizing ICT technologies.(1) United Nations Global CompactEstablished by the former UN Secretary General Kofi Annan at the World Economic Forum held in 1999, the compact urges the implementation of 10 principles in 4 areas: human rights, labor standards, the environment, and anti-corruption within the scope of the influence of each company. NEC signed the compact in 2005.(2) We Mean BusinessA platform operated by international organizations, think tanks, NGOs, etc. that are promoting global warming countermeasures for companies and investors.(3) Science Based Targets (SBT) InitiativeAn international initiative to verify that a company's greenhouse gas reduction goals are consistent with scientific evidence. NEC's 1.5 ? C level target was certified by the SBT Initiative in May 2021.https://www.nec.com/en/press/202106/global_20210611_01.html(4) RE100A collaborative global initiative of influential businesses committed to 100% renewable electricity and led by The Climate Group in partnership with CDP. The Japan Climate Leaders? Partnership (JCLP) has supported the participation of Japanese companies as a regional partner.(5) NEC Cloud IaaSA safe and secure cloud infrastructure service provided by NEC. https://www.nec.com/en/global/solutions/cloud/infrastructure_service.html(6) Princeton E-ffiliates PartnershipA corporate membership program administered by the Andlinger Center for Energy and the Environment in Princeton University.https://acee.princeton.edu/e-ffiliates/ Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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Princeton Digital Group Announces a $150 Million New Data Center in Indonesia

JAKARTA, Aug 25, 2021 - (ACN Newswire via SEAPRWire.com) - Singapore-based Princeton Digital Group (PDG), Asia's leading data center provider, today announced plans for a greenfield development in Jakarta, Indonesia, as part of PDG's plan to expand its footprint to serve its customers' needs in the booming Indonesian digital economy. With 19 data centers across 5 countries PDG has built an unrivalled footprint in less than 4 years since its inception. The company recently announced an investment of USD 1 billion to open a 100 MW flagship data center campus in Japan.The new 22MW data center, to be named Jakarta Cibitung 2 (JC2), is being built within the same 19,550m2 campus that houses PDG's existing data center JC1. This expanded campus of 35MW is well-poised to serve global cloud companies, domestic internet companies and enterprises with unmatched scalability, connectivity and reliability.The greater Jakarta area is experiencing increasing adoption of cloud-based services, among consumers, businesses and government. Indonesia is also home to some of the fastest-growing start-up companies of SE Asia."The Asia Pacific region is set to be the largest data center market in the world, and this announcement underscores our vision to be the market leader in this region," said Rangu Salgame, Chairman and CEO of Princeton Digital Group. "Over the last four years, through our unique three-pronged strategy of acquisitions, carve-outs and greenfield development, we've built a strong portfolio of data centers across key Asian markets such as China, Singapore, Indonesia, India and Japan. PDG has become a partner of choice for hyperscalers across multiple countries. PDG's growth in Indonesia demonstrates our continued ability to expand rapidly in markets that matter to our customers."Jakarta is an exciting market, Cibitung being the pre-eminent cloud cluster in the region. With the expanded campus, PDG has become a significant player in the Indonesian market. With the explosive economic growth and rapid digitalization by both government and private sectors in Indonesia, the market is core to PDG's strategy," added Stephanus Tumbelaka, PDG's Managing Director of Indonesia.According to Structure Research, the Jakarta data center colocation market is still developing, and the sector is expected to grow at a five-year CAGR of 23.7% through 2025. Jakarta is going to be a hyperscale market sooner than later.About Princeton Digital GroupPrinceton Digital Group (PDG) is a leading investor, developer and operator of Internet infrastructure. Headquartered in Singapore with presence and operations in China, Singapore, India, Indonesia, and Japan, its portfolio of data centers power the expansion of hyperscalers and enterprises in the fastest growing digital economies across Asia. For more information, visit www.princetondg.comMedia ContactsPrinceton Digital GroupGrace ChenPR@princetondg.comPRecious Communications for Princeton Digital GroupPDG@preciouscomms.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Princeton Digital Group announces 100 MW Flagship Data Center Campus in Japan, committing $1 Billion in investment

TOKYO, Jun 29, 2021 - (JCN Newswire via SEAPRWire.com) - Singapore-based Princeton Digital Group (PDG), Asia's leading data center provider, today announced its plan to build one of the largest hyperscale facilities in Tokyo, Japan, with a total investment value of USD 1 Billion. Japan is the fifth market that the company has entered in since its formation 4 years ago. With this investment, PDG marks a major milestone in its plan to build a 600 megawatts (MW) portfolio across the region.The new campus at Saitama City will have close to 100 MW of critical IT capacity across two phases of 48.5 MW each. Saitama City is one of the major commercial centers of the Greater Tokyo area. Located 30 km north of central Tokyo, the PDG Saitama campus has a total land area of 33,047 m2. The facility is designed to serve leading hyperscalers in Japan, one of the most dynamic cloud markets in the world.PDG has already secured the land and power with construction to begin later this year. The facility will be built to the latest hyperscale design and standards, with unrivalled scalability, connectivity and reliability."The Asia Pacific region is set to be the largest data center market in the world, and this announcement underscores our vision to be the market leader in this region," said Rangu Salgame, Chairman and CEO of Princeton Digital Group. "Over the last four years, through our unique three-pronged strategy of acquisitions, carve-outs and greenfield development, we've built a strong portfolio of data centers across key Asian markets such as China, Singapore, Indonesia and India. PDG has become a partner of choice for hyperscalers across multiple countries. Our entry into Japan and, in particular, Tokyo demonstrates our continued ability to enter new markets that matter to our customers."Tokyo is the largest data center market in Asia outside of China and is still in the early stages of growth, particularly in terms of entry and expansion of global hyperscalers. According to Structure Research, Greater Tokyo's hyperscale colocation market is expected to reach USD1.6 billion by 2025, growing at a CAGR of 25.1% between 2021 and 2025."The Greater Tokyo market is projected to see accelerated demand from hyperscale data center deployments moving forward from what we believe is a convergence of several critical factors that include Japan's sizeable addressable market as the 3rd largest country in the world by GDP, the absence of a domestic hyperscale cloud platform that presents an ideal competitive landscape between both US and Chinese hyperscale cloud providers, as well as being a key connectivity aggregation and distribution hub for submarine cables landing from the US West Coast to access the rest of the Asia Pacific region", said Jabez Tan, Head of Research, Structure Research.About Princeton Digital GroupPrinceton Digital Group (PDG) is a leading investor, developer and operator of Internet infrastructure. Headquartered in Singapore with presence and operations in China, Singapore, India, Indonesia, and Japan, its portfolio of data centers power the expansion of hyperscalers and enterprises in the fastest-growing digital economies across Asia. For more information, visit www.princetondg.comMedia ContactsPrinceton Digital GroupGrace ChenPR@princetondg.com PRecious Communications for Princeton Digital GroupPDG@preciouscomms.com Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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