Stonepeak Completes USD 1.3 Billion Investment in Princeton Digital Group

NEW YORK & SINGAPORE – August 8, 2025 – Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced the close of its previously announced USD 1.3 billion preferred equity investment in Princeton Digital Group (“PDG” or the “Company”).

The investment, which underscores Stonepeak’s confidence in PDG’s strategy, leadership, and execution, strengthens the Company’s position as a leading provider of hyperscale infrastructure in Asia Pacific. With Stonepeak’s partnership and the continued support of Warburg Pincus, Ontario Teachers’ Pension Plan, and Mubadala, PDG is poised to continue expanding across established and emerging markets in APAC through greenfield development and M&A.

PDG represents Stonepeak’s third data center investment in Asia Pacific and its ninth globally, following previous investments in Digital Edge, AGP Sustainable Real Assets, Cologix, CoreSite, Montera Infrastructure, Cirion, and others, and adds significant scale to Stonepeak’s APAC data center portfolio and pipeline, which today spans more than 2.5 GW of capacity in operations or development.

Barclays served as financial advisor and Sidley Austin LLP served as legal counsel to Stonepeak. Goldman Sachs and J.P. Morgan served as financial advisor and Latham & Watkins served as legal counsel to PDG.

About Stonepeak
Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $76.3 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital, operational support, and committed partnership to grow investments in its target sectors, which include transport and logistics, digital infrastructure, energy and energy transition, and real estate. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, Abu Dhabi, and Riyadh. For more information, please visit www.stonepeak.com.

About Princeton Digital Group
Princeton Digital Group (PDG) is a leading developer and operator of Internet infrastructure. Headquartered in Singapore with presence and operations in Singapore, Japan, India, Indonesia, China, and Malaysia, its portfolio of data centers powers the expansion of hyperscalers and enterprises in the fastest-growing digital economies across Asia Pacific. For more information, visit www.princetondg.com or follow us on LinkedIn.

Contact

Kate Beers / Maya Brounstein
corporatecomms@stonepeak.com
+1 (646) 540-5225

Princeton Digital Group
Selena Sheikh
Selena.sheikh@princetondg.com

Finn Partners for Princeton Digital Group
PDG.ASIA@finnpartners.com