PDG raises $350 million loan to accelerate Asia data center expansion
Princeton Digital Group (PDG) is gearing up to raise up to $5 billion in debt in 2026 to expand its data center footprint across Asia.
The company just secured a fresh $350 million loan from big-name banks like Barclays, HSBC, and Deutsche Bank, bumping up its total debt facility to $750 million.
PDG's latest loan is tied to sustainability goals
PDG builds and operates data centers in seven Asian countries, including Singapore, India, Japan and South Korea, powering hyperscalers and enterprises across the region.
Their latest loan is now tied to sustainability goals, so the better they do on green targets, the better their loan terms get.
PDG is targeting up to $5 billion in debt financing
PDG expanded its HoldCo facility by $350 million to a consolidated $750 million and is targeting up to $5 billion in debt financing this year.
Now with over 1.8 GW of data center capacity across Asia, and more growth ahead, they are betting big on digital infrastructure for the future.