Green financing by leading global banks to fund continued campus expansion.
Johor, Malaysia, 4 November 2026 – Princeton Digital Group (PDG), a leading data center operator in Asia Pacific, today announced that it has secured approximately USD 1.3 billion (~RM 5.1 billion) in green financing for its JH1 campus in Johor, Malaysia.
The financing is underwritten by six banks: Affin Bank, HSBC, Maybank, OCBC, Standard Chartered and UOB. It builds on the financing secured for earlier phases of the JH1 campus, which was first secured from three banks in April 2024, and subsequently upsized with four banks in October 2025. Proceeds will be used to finance the continued development and expansion of the campus.
Structured under PDG’s Green Finance Framework, the financing supports the development of JH1 in accordance with recognized green building standards. JH1 has achieved certifications that include Green Building Index (GBI) Gold for Design and LEED Gold for Operations, reflecting PDG's commitment to energy-efficient and responsible infrastructure development.
The transaction contributes to PDG’s plan, announced in March 2026, to raise up to USD 5 billion in debt financing to fund the delivery of contracted data center capacity across Asia Pacific.
“This financing reflects the confidence of our banking partners, several of whom have supported JH1 since its earliest phases, in PDG's execution capabilities and deep hyperscaler partnerships,” said Rangu Salgame, Chairman, CEO and Co-Founder of PDG.
Located in Sedenak Tech Park, JH1 is a 200 MW campus designed to support high-density AI and cloud workloads. Since entering Johor in 2023, PDG has maintained a commitment to local talent development and community engagement, working with local partners to create opportunities and contribute to the communities in which it operates.
PDG is backed by leading global institutional investors, including Warburg Pincus, Ontario Teachers' Pension Plan, Mubadala and Stonepeak. PDG's total portfolio exceeds 1.8 GW across eight countries in Asia Pacific.
About Princeton Digital Group
Princeton Digital Group (PDG) is a leading developer and operator of data centers. Headquartered in Singapore with operations in Singapore, Japan, India, Indonesia, China, Malaysia, South Korea, and Australia, its portfolio of data centers powers the growth of AI and cloud across Asia Pacific. For more information, visit www.princetondg.com or follow us on LinkedIn.