KKR to Acquire 20% Stake in Singtel’s Regional Data Centre Business Valued at S$5.5 Billion
KKR to Acquire 20% Stake in Singtel’s Regional Data Centre Business Valued at S$5.5 Billion
September 17, 2023 07:27 PM Eastern Daylight Time
2023 年 9 月 17 日美國東部夏令時間晚上 7:27
SINGAPORE--(BUSINESS WIRE)--Singtel, Asia's leading communications technology group, and leading global investment firm KKR have reached a definitive agreement under which a fund managed by KKR will commit up to S$1.1 billion (~US$800 million) for a 20% stake in Singtel’s regional data centre business. This investment puts the enterprise value of Singtel’s overall regional data centre business at S$5.5 billion. KKR will have the option to increase its stake to 25% by 2027 at the pre-agreed valuation.
新加坡--(美國商業資訊)——亞洲領先的通信技術集團新加坡電信與全球領先的投資公司KKR已達成最終協議,根據該協議,KKR管理的基金將承諾高達11億新元(約合8億美元)收購新加坡電信區域數據中心業務20%的股份。這項投資使新加坡電信的整個區域數據中心業務的企業價值達到55億新元。按照預先商定的估值,KKR可以選擇在2027年之前將其股份增加到25%。
The collaboration is a first between Singtel and KKR, and enables Singtel to tap on KKR’s expertise investing in data centres and critical telecommunication infrastructure globally in addition to capital. The proceeds from this transaction will be used to accelerate the expansion of the regional data centre business across ASEAN markets, including Singapore, Indonesia and Thailand, while exploring markets like Malaysia and others. This will widen the business’ strategic choices, giving a variety of options to monetise in the future.
此次合作是新加坡電信和KKR之間的首次合作,使新加坡電信能夠利用KKR的專業知識在全球範圍內投資數據中心和關鍵電信基礎設施,以及資本投資。此次交易的收益將用於加速區域數據中心業務在包括新加坡、印度尼西亞和泰國在內的東盟市場的擴張,同時開拓馬來西亞等市場。這將擴大企業的戰略選擇,爲將來的盈利提供多種選擇。
Singtel’s regional data centre business is part of the Digital InfraCo unit which was formed in June 2023. Singtel has been growing this business anchored by its expertise in Singapore where it is one of the largest operators. In addition to 62MW of existing capacity in Singapore, Singtel is building a new 58MW DC Tuas in Singapore and has also partnered Telkom and Medco Power in Indonesia and GULF and AIS in Thailand to develop data centres in Batam and Bangkok respectively. The data centre portfolio will deliver a total combined capacity of over 155MW once the three new projects are operational in 2025, with room to scale up to more than 200MW.
新加坡電信的區域數據中心業務是成立於2023年6月的Digital InfraCo部門的一部分。新加坡電信憑藉其在新加坡的專業知識,一直在發展這項業務,新加坡是新加坡最大的運營商之一。除了新加坡的62兆瓦現有容量外,新加坡電信還在新加坡建造一座新的58兆瓦直流大巴,還與印度尼西亞的Telkom和Medco Power以及泰國的GULF和AIS合作,分別在巴淡島和曼谷開發數據中心。一旦這三個新項目於2025年投入運營,數據中心組合的總容量將超過155兆瓦,並有空間擴大到超過200兆瓦。
Mr Bill Chang, CEO of Singtel's Digital InfraCo, said, “KKR's investment underscores the quality of our data centre portfolio and confidence in our plans to scale the business by capitalising on the digitalisation and rapid AI adoption that is transforming this region. Our expertise in designing, building and operating data centres, and our connectivity leadership in the region, together with KKR's strong track record in supporting digital infrastructure assets and its platform-building expertise makes for a powerful combination. We look forward to building on the strong momentum we have achieved to grow the business into one of the region's leading green and sustainable data centre platforms with rich hyper-connectivity services.”
新加坡電信Digital InfraCo首席執行官Bill Chang先生表示:“KKR的投資凸顯了我們數據中心投資組合的質量,也凸顯了我們對通過利用正在改變該地區的數字化和快速採用人工智能來擴展業務的計劃的信心。我們在設計、建設和運營數據中心方面的專業知識以及我們在該地區的連接領導地位,再加上KKR在支持數字基礎設施資產方面的良好記錄及其平台建設專業知識,構成了強大的組合。我們期待在我們已經取得的強勁勢頭基礎上再接再厲,將業務發展成爲該地區領先的綠色和可持續數據中心平台之一,提供豐富的超連接服務。”
Mr Arthur Lang, Group CFO at Singtel, added, “The data centre industry is growing at an accelerated pace given the unprecedented industry trends we are witnessing. KKR is a highly credible partner in the data centre space and we look forward to our strategic partnership in scaling up the platform to become a meaningful growth engine for Singtel. The investment by KKR crystallises the latent value of our data centre assets and we hope this illuminates value for our shareholders in the coming months. With more than S$6 billion being unlocked since we embarked on our strategic reset two years ago, we continue to focus on unlocking value for our shareholders.”
新加坡電信集團首席財務官Arthur Lang先生補充說:“鑑於我們目睹了前所未有的行業趨勢,數據中心行業正在加速增長。KKR是數據中心領域高度可信的合作伙伴,我們期待建立戰略合作伙伴關係,擴大平台規模,成爲新加坡電信有意義的增長引擎。KKR的投資體現了我們數據中心資產的潛在價值,我們希望這能爲我們的股東在未來幾個月內帶來價值。自兩年前我們開始戰略重置以來,已解鎖超過60億新元,我們將繼續專注於爲股東釋放價值。”
Mr David Luboff, Partner and Head of Asia Pacific Infrastructure, KKR, said, “We are pleased to provide this tailored solution to support the regional data centre platform of Singtel, one of the most longstanding and distinguished corporations in Singapore and a leading digital infrastructure provider in Asia Pacific. Robust digital infrastructure, including high-quality data centres, will play a crucial role in enabling Southeast Asia’s flourishing digital economy, and Singapore is well-placed to serve as a central hub for the region. We look forward to working closely with Bill, Arthur and Singtel’s talented team to meet this tremendous demand, and sharing our global expertise and network to accelerate the platform’s growth across the region.”
KKR合夥人兼亞太基礎設施主管David Luboff先生表示:“我們很高興提供這種量身定製的解決方案,以支持新加坡電信的區域數據中心平台。新加坡電信是新加坡歷史最悠久、最傑出的公司之一,也是亞太地區領先的數字基礎設施提供商。強大的數字基礎設施,包括高質量的數據中心,將在推動東南亞蓬勃發展的數字經濟方面發揮至關重要的作用,而新加坡完全有能力成爲該地區的中心樞紐。我們期待與Bill、Arthur和Singtel才華橫溢的團隊密切合作,以滿足這一巨大需求,並分享我們的全球專業知識和網絡,以加速該平台在該地區的發展。”
Southeast Asia’s data centre market is expected to grow by 17% over the next five years compared to 12% for the rest of the world, with US$9 billion to US$13 billion in investments projected to flow into the region. While data centre capacity is poised to increase at a compound annual growth rate of 19% from 2021 to 20261, demand is expected to outpace supply driven by increased data consumption, enterprises transitioning to the cloud and the rapid rise of AI in the region. Malaysia, Indonesia and Thailand could see the biggest increase in capacity with Johor, in particular, benefitting from spill-over demand from Singapore due to the island state’s supply constraints. The growing need to handle high performance computing tasks such as generative AI will also spur a significant growth in GPU-powered data centres in the years to come.
預計未來五年東南亞的數據中心市場將增長17%,而世界其他地區的增長率爲12%,預計將有90億至130億美元的投資流入該地區。儘管從2021年到2026年,數據中心容量有望以19%的複合年增長率增長,但由於數據消耗增加、企業向雲端過渡以及該地區人工智能的快速崛起,需求預計將超過供應。馬來西亞、印度尼西亞和泰國的產能增幅可能最大,其中柔佛州尤其受益於該島國的供應限制導致新加坡的溢出需求。處理生成式人工智能等高性能計算任務的需求不斷增長,這也將刺激GPU驅動的數據中心在未來幾年內顯著增長。
KKR is making this investment as part of its Asia infrastructure strategy. This transaction marks KKR’s latest investment in Southeast Asia infrastructure and data centre infrastructure globally. KKR’s infrastructure investments in Southeast Asia have included Pinnacle Towers, a digital infrastructure platform in Asia with a strong focus on the Philippines; First Gen, a leading provider of clean and renewable power in the Philippines; and Aster Renewable Energy, a renewables platform that develops, builds, and operates solar, wind, and energy storage projects in the region. Worldwide, KKR’s investments in the data centre infrastructure sector have included CyrusOne, a global leader in the development and operation of sustainable, scalable, high-availability and flexible data centre solutions; Global Technical Realty, a build-to-suit and roll-up acquisition data centre platform in Europe; and CoolIT Systems, a leading provider of scalable liquid cooling solutions in Canada.
KKR將此項投資作爲其亞洲基礎設施戰略的一部分。此次交易標誌着KKR對東南亞基礎設施和全球數據中心基礎設施的最新投資。KKR在東南亞的基礎設施投資包括亞洲數字基礎設施平台Pinnacle Towers,重點關注菲律賓;菲律賓領先的清潔和可再生能源提供商First Gen;以及開發、建造和運營該地區太陽能、風能和儲能項目的可再生能源平台Aster Renewable Energy。在全球範圍內,KKR在數據中心基礎設施領域的投資包括開發和運營可持續、可擴展、高可用性和靈活的數據中心解決方案的全球領導者CyrusOne;歐洲量身定製和彙總收購數據中心平台Global Technical Realty;以及加拿大領先的可擴展液體冷卻解決方案提供商CooLit Systems。
The transaction is expected to be completed by the fourth quarter of 2023, subject to regulatory approvals and customary closing conditions.
該交易預計將於2023年第四季度完成,但須視監管部門的批准和慣例成交條件而定。
About KKR
關於 KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.
KKR是一家領先的全球投資公司,提供另類資產管理以及資本市場和保險解決方案。KKR旨在通過遵循耐心和紀律嚴明的投資方法、僱用世界一流的人才以及支持其投資組合公司和社區的增長來創造有吸引力的投資回報。KKR贊助投資於私募股權、信貸和不動產的投資基金,並擁有管理對沖基金的戰略合作伙伴。KKR的保險子公司在全球大西洋金融集團的管理下提供退休、人壽和再保險產品。提及KKR的投資可能包括其贊助基金和保險子公司的活動。有關 KKR & Co. 的更多信息Inc.(紐約證券交易所代碼:KKR),請訪問 KKR 的網站,網址爲 www.kkr.com。有關環球大西洋金融集團的更多信息,請訪問環球大西洋金融集團的網站 globalatlantic.com。
About Singtel
關於新加坡電信
Singtel is Asia's leading communications technology group, providing a portfolio of services from next-generation communication, 5G and technology services to infotainment to both consumers and businesses. The Group has presence in Asia, Australia and Africa and reaches over 770 million mobile customers in 21 countries. Its infrastructure and technology services for businesses span 21 countries, with more than 428 direct points of presence in 362 cities.
新加坡電信是亞洲領先的通信技術集團,爲消費者和企業提供從下一代通信、5G和技術服務到信息娛樂等一系列服務。集團業務遍及亞洲、澳大利亞和非洲,覆蓋21個國家的7.7億多移動客戶。其爲企業提供的基礎設施和技術服務遍及21個國家,在362個城市擁有超過428個直接接入點。
For consumers, Singtel delivers a complete and integrated suite of services, including mobile, broadband and TV. For businesses, Singtel offers a complementary array of workforce mobility solutions, data hosting, cloud, network infrastructure, analytics and cyber security capabilities.
對於消費者,新加坡電信提供一整套完整的綜合服務,包括移動、寬帶和電視。對於企業,新加坡電信提供一系列互補的勞動力移動解決方案、數據託管、雲、網絡基礎設施、分析和網絡安全功能。
Singtel is dedicated to continuous innovation, harnessing technology to create new and exciting customer experiences and shape a more sustainable, digital future.
新加坡電信致力於持續創新,利用技術創造令人興奮的新客戶體驗,塑造更可持續的數字化未來。
For more information, visit www.singtel.com.
欲了解更多信息,請訪問 singtel.com。
Follow us on Twitter / X at @SingtelNews.
在 Twitter 上關注我們/X @SingtelNews。
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1 Kearney 2022
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1 Kearney 2022
Contacts
聯繫人
Media
媒體
Wei Jun Ong
KKR Asia Pacific
Mobile: +65 6922 5813
Email: WeiJun.Ong@kkr.com
王偉軍
KKR 亞太區
手機:+65 6922 5813
電子郵件: WeiJun.Ong@kkr.com
Marian Boon
Singtel
Mobile: +65 8876 1753
Email: marian@singtel.com
Marian Boon
Singtel
手機:+65 8876 1753
電子郵件: marian@singtel.com
譯文內容由第三人軟體翻譯。