To continue to expand on its 400 MW hyperscale portfolio in the country
JAKARTA, Indonesia — October 12, 2026 – Princeton Digital Group (PDG), a leading data center operator in Asia Pacific, today announced that it has signed a definitive agreement to sell its enterprise data center business in Indonesia to PT SMPlus Digital Investama (together with its affiliates, “SM+”). SM+ is a digital infrastructure and services investment platform backed by Sinar Mas, one of Indonesia’s largest conglomerates.
The transaction comprises five operational data center facilities located across Greater Jakarta, Bandung, Surabaya and Pekanbaru. PDG acquired the facilities when it entered Indonesia in 2019 and has since invested in and enhanced the portfolio.
Rangu Salgame, Chairman, CEO and Co-Founder of PDG, said: “From the outset of PDG’s founding, our strategy has been to enter a market, establish a strong operating presence, then expand for scale. In Indonesia, we entered the market through the acquisition of an established data center portfolio, while investing to expand our capabilities and build a hyperscale business.”
“We have since developed a 400 MW hyperscale portfolio in the country, comprising our JC2, JC3, and JC4 campuses, and plan to continue to invest in our expansion. This transaction is a natural step to continue serving our hyperscale customers’ growing requirements in Indonesia and across APAC,” added Salgame.
The transaction remains subject to customary closing conditions.
PDG’s total portfolio exceeds 1.8 GW across eight countries in Asia Pacific.