Princeton Digital Group (PDG), a Singapore-based data center operator, announced Wednesday a plan to raise up to $5 billion in debt financing this year to fund its contracted capacity across the region.

The firm said in a statement that the planned financing will support the delivery of PDG’s rapidly expanding hyperscale platform across Asia, where the company currently operates across seven markets with a total portfolio exceeding 1.8 GW.

As part of this plan, PDG has successfully closed a $350 million debt financing, expanding the $400 million HoldCo loan secured in May 2025 and increasing the total facility to $750 million.

The consolidated $750 million HoldCo facility has been converted into a Sustainability-Linked Loan, aligning pricing with defined operational and sustainability performance targets.

The $350 million financing was secured from a consortium of global banks, including Barclays, BNP Paribas, Deutsche Bank, HSBC, SMBC, Societe Generale, and Standard Chartered.

The expanded facility will fund capacity currently under development and the continued buildout of new campuses, supporting PDG’s recent hyperscale customer commitments.

“Our business momentum and delivery excellence continue to strengthen confidence among our capital partners,

“The expansion of our HoldCo facility reflects continued support for our execution discipline and track record across markets,” said Rangu Salgame, Chairman, Chief Executive Officer, and Co-founder of PDG.

“As we continue to secure large-scale capacity and win new business, we are building our capital structure in step,

“Converting the facility into a sustainability-linked structure further demonstrates our commitment to embedding sustainability metrics into our capital framework,” he added.

DayOne partners Cortical Labs to develop Singapore’s first biological data center