Peak Energy Investments and Singapore-headquartered data centre operator Digital Edge have begun a collaboration to pursue renewables projects to power data centres across the Asia Pacific.
Through this partnership, Peak Energy Investments and Digital Edge will jointly pursue an initial pipeline of 500MW of operating capacity for both existing and planned data centres over a three-year period.
Peak Energy, which focuses on a combination of solar, wind, and storage technologies, will develop renewable energy projects in countries where Digital Edge has existing deployments, including Japan, Korea, Indonesia, India and the Philippines, in addition to other fast growing markets to support Digital Edge’s expansion.
These projects will support the decarbonisation of up to 1GW of power and generate more than 1300GWh per year.
Samuel Lee, Chief Executive Officer at Digital Edge, said: “We are thrilled to partner with Peak Energy to scale our renewable energy usage across the region as we strive to achieve carbon neutrality by 2030.
“To date, we have made substantial progress in leveraging renewable energy across the Digital Edge platform, with our EDGE1 facility in Jakarta becoming the first data centre in Indonesia to run on 100% renewables.
“Through this partnership with Peak Energy, we will be able to further build on these initiatives and advance our ESG goals.”
Gavin Adda, Chief Executive Officer at Peak Energy, said: “Peak Energy is focused on helping corporates reduce their power costs and carbon footprints in a sustainable way.
“We look forward to expanding the existing relationship with Digital Edge on this exciting initiative.
“This partnership will foster the common business objectives of two rapidly growing companies throughout the Asia Pacific region.”
Digital Edge and Peak Energy are both portfolio companies of Stonepeak, an alternative investment firm specialising in infrastructure and real assets with a strong focus on both data centres and renewable energy assets.