Princeton Digital Prepares Rp7.79 Trillion Fund to Develop Data Centre in Indonesia
Investment flows into hyperscale data centres in Indonesia are intensifying amid surging demand for digital infrastructure and the aggressive expansion of global technology companies in Southeast Asia. Princeton Digital Group (PDG) has recently raised funding of around US$856 million to expand its hyperscale data centre capacity in Indonesia.
The funding will support the development of the JC3 data centre campus with a capacity of 120 megawatts (MW), while reinforcing Indonesia’s position as one of the strategic markets in the data centre industry in the region.
The funding consists of a syndicated facility of US$456 million, equivalent to Rp7.79 trillion (exchange rate of Rp17,100 per US dollar), fully guaranteed by a consortium of five international banks, namely DBS, HSBC, Maybank, SMBC, and Standard Chartered. In addition, there is an additional financing facility of around US$400 million that is still in process.
The financing scheme is structured based on PDG’s Green Finance Framework and is said to be one of the largest green loans in Asia for the data centre sector.
Chairman, CEO, and Cofounder of PDG, Rangu Salgame, stated that the success of this funding reflects the high confidence of global financial institutions in the prospects of the data centre industry in Indonesia.
“Indonesia is a key market in our portfolio, where demand for high-quality data centre capacity continues to increase rapidly,” he said in a statement on Thursday (7/5/2026).
According to him, the expansion of global hyperscaler companies in Indonesia is driving the need for data centre operators capable of delivering large-scale capacity with international standards and high construction speed.
“As hyperscaler companies expand domestically, they require partners capable of delivering large-scale solutions with speed, certainty, and global standards,” he said.
This strengthening of investment demonstrates that Indonesia is increasingly viewed as one of the main destinations for foreign direct investment (FDI) in the digital economy sector, particularly cloud infrastructure and artificial intelligence.
Currently, PDG has a data centre portfolio of 400 MW in Indonesia. The company is also expanding its operational footprint through the development of the JC3 project, the launch of JC4, investments in renewable energy, and strengthening digital connectivity.
Regionally, PDG’s total portfolio has exceeded 1.8 gigawatts (GW) spread across seven countries in Asia.
The influx of jumbo financing from global banking into data centre projects in Indonesia shows the increasing confidence of international investors in the prospects of domestic digital economic growth, especially amid the acceleration of cloud, AI, and data-based digital service adoption.