APAC data center developer Digital Decarbonization Solutions Platform (DDSP) has secured financing for a new project.

The company this week announced the completion of a financing transaction with Nomura in support of the first phase of its 80MW data center campus in Taiwan. The size of the transaction wasn’t shared.

The first phase of the campus, being developed in partnership with Keppel Group, is contracted to an unnamed “leading global hyperscale” customer.

“The successful completion of this financing for our Taiwan campus marks another important milestone for DDSP as we continue scaling across Asia-Pacific,” said Frederic Devos, CEO of DDSP. “We are pleased to have worked with Nomura on this transaction and look forward to continuing to expand our institutional financing relationships across the region.”

Abhishek Tiwaari, head of leveraged loans, infrastructure and fund financing, Asia ex-Japan at Nomura, added: “Nomura is pleased to work with DDSP on this transaction and sees significant long-term growth in demand for digital infrastructure financing, supported by accelerating investment in cloud, AI and digital capacity across Asia-Pacific. We have been quite active in data center financings and look to partner with high-quality developers.”

DDSP said its development is one of the last permitted, power-secured campuses of scale in Taiwan, which is currently subject to an effective moratorium on new data center grid connections in parts of the country.

Founded in 2022, DDSP says its portfolio spans five markets across Asia Pacific, totaling approximately 1.1GW of controlled capacity.

It has projects under construction in Taiwan and Malaysia, and additional campuses planned in Singapore, Thailand, and Indonesia. Full details haven’t been shared.

Keppel first announced plans for an 80MW data center campus in North Taiwan in 2024. Its first data center in Taiwan, Keppel is investing in the project via Keppel Data Centre Fund II in a 50:50 joint venture with DDSP. At the time, Keppel said the first phase of the project was due live in 2026 and leased to an unnamed “leading global cloud service provider.”

The company previously secured $283m in financing for a planned data center project in Johor, Malaysia.