APAC data center firm Digital Edge is planning a new data center development in Thailand.

The Stonepeak-backed operator this week announced a strategic joint venture with Thai energy firm, B.Grimm Power (BGRIM), to develop hyperscale and AI-ready data center campuses across Thailand.

The JV, called Digital Edge B.Grimm (TH) Holdings Pte. Ldt. but operating under the brand name Digital Edge DC, is initially planning a 100MW greenfield project within Thailand’s Eastern Economic Corridor (EEC) to the east of Bangkok. The companies are targeting RFS in Q4 2026.

“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.”

New York-based private equity firm Stonepeak Infrastructure Partners formed Digital Edge in August 2020. The company has 24 data centers in operation and under construction, and more than 1.1GW of secured IT power across Japan, Korea, India, Malaysia, Indonesia, and the Philippines. The company has been targeting Thailand for several years.

B.Grimm Power, founded in 1993, is one of Thailand’s largest industrial power producers. According to its website, the company currently has an installed capacity of 3,338MW and aims to obtain PPAs totaling 10GW by 2030.

BGRIM first announced plans to expand into the data center industry in May 2024. The company reported that it was in talks to supply 300MW of electricity from renewable sources to data center operators and will also provide equipment for the industry.

Natixis is acting as the exclusive financial advisor to B.Grimm Power for this strategic partnership.

The EEC is a special economic zone of three provinces in eastern Thailand, and includes the Chonburi area outside Bangkok.