Digital Edge (Singapore) Holdings Pte. Ltd., a leading pan-Asian data center platform, yesterday announced a joint venture with B.Grimm Power Public Company Limited, one of Thailand’s foremost energy producers, to develop hyperscale and AI-ready data centers in Thailand. Operating under the brand name ‘Digital Edge DC’, the joint venture also unveiled its flagship 100MW greenfield project in Thailand’s Eastern Economic Corridor (EEC), the company said in a press statement.
The 100MW EEC project to be built at a cost of about US$1 billion will offer high-density colocation, interconnectivity, and hybrid cloud solutions tailored for hyperscalers, AI workloads, and enterprise digital transformation. Construction will be fast-tracked to meet the urgent needs of global tech players scaling their AI infrastructure in Southeast Asia, with target RFS in Q4, 2026.
B.Grimm Power is also studying a plan to invest at least US$1.6 billion more in additional data centre projects with a total capacity of about 200MW,” said Usa Nuetap, the company’s head for data centre development, as reported by Bloomberg.
In December 2022, the Thai government approved a 1.35 trillion baht (US$ 44 billion) plan to develop the EEC into a regional financial hub and a world-class smart city by 2030. It is located in the Chon Buri province, about 100km from Bangkok.
“Thailand stands out as one of Asia’s most compelling digital growth markets,” said John Freeman, CEO of Digital Edge. “We are privileged to partner with B.Grimm Power on this landmark initiative. Together, we are introducing world-class data center infrastructure powered by sustainable energy—at hyperscale capacity and accelerated speed. As demand for AI and machine learning continues to surge, our entry into Thailand comes at an ideal time to support the country’s digital transformation.”
Dr. Harald Link, Group President of B.Grimm Power Plc, added: “Our collaboration with Digital Edge is a major milestone in our commitment to Thailand’s digital future. By combining renewable energy with cutting-edge data center technology, we’re enabling the country’s transformation into a regional AI and cloud innovation hub.”
Headquartered in Singapore, Digital Edge is backed by global infrastructure investor Stonepeak. The company currently has 24 data centers in operation and under construction and over 1.1GW of secured IT power across Asia Pacific.
B.Grimm Power is one of Thailand’s largest and pioneering private power producers which owns a significant land bank and deep experience in greenfield infrastructure. Its robust portfolio of combined cycle co-generation and renewable energy assets ensures that the new data center campuses will meet the rising demands for both performance and sustainability. Natixis is acting as exclusive financial advisor to B.Grimm Power for this strategic partnership.
Thailand’s digital infrastructure market is booming. With data consumption, cloud adoption, and AI and machine learning workloads expanding at record pace, the country is quickly emerging as a regional tech powerhouse. According to recent industry reports, Thailand’s data center market is projected to grow at over 25% CAGR through 2030, with AI-driven compute needs accelerating demand for scalable and energy-efficient facilities. The government has committed more than US$ 2.7 billion in incentives for data center and cloud investments, reinforcing Thailand’s ambition to become a regional digital hub.
Thailand has secured billions of dollars in investment commitments from global tech giants such as Amazon.com Inc, Alphabet Inc, ByteDance Ltd and Alibaba Group Holding Ltd to build data centres and cloud services.
Prime Minister Paetongtarn Shinawatra’s government is offering tax and other incentives to lure investments in data centres as it seeks to establish the country as a hub for AI infrastructure.