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Digital Edge and B.Grimm Power Secures Thailand's Largest Data Center Loan of US$880 Million to Advance AI and Cloud Infrastructure

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Digital Edge and B.Grimm Power Secures Thailand's Largest Data Center Loan of US$880 Million to Advance AI and Cloud Infrastructure
Business

Business

Digital Edge and B.Grimm Power Secures Thailand's Largest Data Center Loan of US$880 Million to Advance AI and Cloud Infrastructure

2026-05-06 13:58 Last Updated At:14:15

SINGAPORE, May 6, 2026 /PRNewswire/ -- Digital Edge and B.Grimm Power today announced the successful signing of a US$880 million green loan – the largest financing ever secured for a data center project in Thailand – to finance the development of the joint venture's 100MW BKK Campus in Chonburi.

The transaction marks the latest milestone of Digital Edge's US$1 billion joint-venture investment plan with B.Grimm Power, and is the third consecutive national record-setting green loan Digital Edge has closed in Asia-Pacific, following landmark financings in South Korea and Indonesia.

Located within Thailand's Eastern Economic Corridor (EEC), the BKK Campus will provide the critical digital foundation needed to deploy AI and cloud workloads at scale, directly supporting Thailand's national digitalization strategy, which aims to catalyze investment across high-value industries – including digital infrastructure and AI – to drive long-term technological and economic growth.

The joint venture combines B.Grimm Power's local expertise with world-class standards in data center and energy infrastructure development with Digital Edge's hyperscale data center expertise, embedding sustainability at the core of the project and positioning the BKK Campus as a benchmark for sustainable digital infrastructure within the EEC.

Structured under Digital Edge's Green Financing Framework, this financing supports investments aligned with the framework, which underpins the company's stated ambition to achieve carbon neutrality by 2030, and aligns with B.Grimm Power's own decarbonization ambitions in Thailand. The BKK campus has been sustainably designed to deliver resilient, energy-efficient performance at scale, with a market-leading annualized PUE (power usage effectiveness) target of 1.25, LEED Silver certification on track for achievement, reduced water consumption through hybrid closed-loop cooling towers, and renewable-ready infrastructure to reduce overall carbon intensity.

This green loan financing was well-supported by domestic and international Mandated Lead Arrangers, comprising Bangkok Bank, Bank of Ayudhya, HSBC, KASIKORNBANK, Mizuho, Natixis CIB, Siam Commercial Bank, SMBC, and Standard Chartered as Mandated Lead Arrangers. Bank of Ayudhya, Mizuho and Standard Chartered acted as Green Facility Coordinators, reflecting strong lender confidence in sustainable digital infrastructure investment.

The BKK Campus will be developed in phases. The first building (BKK1) is scheduled to be ready for service by Q4 2026, with the second building (BKK2) following in Q2 2027.

"This is Digital Edge's largest Green Loan financing to date, reinforcing our commitment to delivering high-performance, AI-ready digital infrastructure while advancing our sustainability ambitions," said Jonathan Walbridge, Chief Financial Officer of Digital Edge. "Since 2025, each of our green financings in Korea, Indonesia, and Thailand has set national records, together exceeding US$2 billion – demonstrating how capital and sustainable infrastructure are increasingly aligned, with strong support from like-minded partners."

"At B.Grimm Power, we believe that technological advancement and environmental stewardship must go hand in hand. By combining our deep-rooted expertise in Thailand's infrastructure development with Digital Edge's world-class data center capabilities, we are enabling the delivery of sustainable, high-performance digital infrastructure that supports Thailand's digitalization ambitions," added Nopadej Karnasuta, President of B.Grimm Power.

About Digital Edge

Where performance meets sustainability, Digital Edge powers Asia-Pacific's digital transformation with reliable, secure, and sustainable infrastructure. Headquartered in Singapore and backed by Stonepeak, the company delivers high-performance data center and fiber solutions for hyperscalers and enterprises across nine countries in Asia Pacific. With 1.8GW of secured IT power, Digital Edge empowers businesses to scale rapidly and responsibly in a connected, energy-efficient future.

Visit www.digitaledgedc.com for more information.

About B.Grimm Power Public Company Limited

B.Grimm Power is one of Thailand's largest and pioneering private power producers, with an aspiration to become a world-class energy company. Guided by its vision of "Empowering the World Compassionately," B.Grimm Power is advancing its long-term strategy, "GreenLeap – Global and Green," aiming to increase the share of renewable energy to over 50% by 2030 and achieve Net Zero Carbon Emissions by 2050. B.Grimm Power currently operates 70 power plants across Asia, with a total installed capacity of 4,654 MW, and continues to expand its footprint in renewable energy and digital infrastructure as a service.

Visit www.bgrimmpower.com for more information.

Media Contacts

Digital Edge
Geraldine Lim
geraldine.lim@digitaledgedc.com 

B.Grimm Power
Ananya Atikomchakorn
Ananya.a@bgrimmgroup.com 

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Digital Edge and B.Grimm Power Secures Thailand's Largest Data Center Loan of US$880 Million to Advance AI and Cloud Infrastructure

Digital Edge and B.Grimm Power Secures Thailand's Largest Data Center Loan of US$880 Million to Advance AI and Cloud Infrastructure

HANOI, Vietnam, May 6, 2026 /PRNewswire/ -- As global supply chains continue to shift under the "China Plus One" strategy, international partners are no longer seeking cost advantages alone, but are placing increasing emphasis on robust R&D capabilities and large-scale manufacturing capacity. The prominent presence of Sunhouse, Vietnam's leading home appliance brand, at the 139th Canton Fair reinforces its strategic direction to become a key manufacturing partner in the global supply chain.

USD 120 Million Ambition and the Strategy to Become a Global OEM/ODM Partner

Standing out with the message "From Vietnam - For Global Standards" at the Canton Fair, the world's largest trade exhibition, bringing together tens of thousands of enterprises from over 200 countries and territories, Sunhouse clearly reaffirmed its ambition to become a strategic manufacturing partner from Vietnam in the global supply chain.

"In the context of global supply chain transformation, Sunhouse has not pursued growth through trading alone. Instead, we have chosen a more challenging but sustainable path, building core capabilities through R&D and a manufacturing ecosystem that masters key technologies. Our goal of reaching USD 120 million in export revenue and expanding to 50 countries reflects our ambition to become a leading home appliance manufacturer in the region," said Mr. Le Tung, Chief Strategy Officer of Sunhouse Group.

The target of achieving USD 120 million in export revenue and a presence in 50 countries by 2030 is ambitious. However, in the context of Sunhouse's manufacturing ecosystem, R&D strength, partner network, and current international footprint, this is not an unfounded aspiration, but a natural next step in its expansion from domestic leadership to regional and global markets.

At the Canton Fair, rather than positioning itself as a standalone product supplier, Sunhouse presented itself as a leading OEM/ODM partner in the region, offering end-to-end capabilities from research and design to manufacturing and final product delivery in line with international standards.

Notably, Sunhouse did not focus on showcasing individual products, but instead introduced a comprehensive product ecosystem supported by its fully integrated manufacturing capabilities. Three core categories, kitchenware, home appliances, and water purification solutions, demonstrated the corporation's product development strength, from premium materials such as ceramic and nano polymer to advanced features including voice control and electrolysis technology with Platinum-coated Titanium electrodes.

R&D and Large-Scale Manufacturing Capabilities: The Core Growth Drivers of Sunhouse

Large-scale manufacturing and internationally aligned R&D capabilities form the two fundamental pillars of Sunhouse's export expansion strategy. With an ecosystem of 15 factories covering over 150,000 m² and an annual production capacity exceeding 80 million units, Sunhouse is well-positioned to fulfill large-volume orders, ensure delivery timelines, and maintain consistent product quality. The corporation also holds the national record for "Enterprise with the Most Home-Appliance Manufacturing Plants in Vietnam."

Significant investment in R&D, from mold design to closed-loop manufacturing processes, has enabled Vietnam's home appliance giant to achieve full control over its production chain while maintaining the flexibility to customize products to meet different market requirements. Advanced technologies such as BLDC Xpro motors, high-pressure Impact Bonding, and SMT production lines imported from Korea further demonstrate Sunhouse's ability to meet increasingly stringent global demands for convenience, health safety, durability, and energy efficiency.

Sunhouse's presence in more than 20 countries, including demanding markets such as the United States, Japan, and South Korea, along with a network of over 100 international partners such as Samsung, Coppel, Tospo, and Newsan, serves as strong validation of its credibility and product quality.

As a well-established household brand in Vietnam, Sunhouse is steadily expanding its role as a global manufacturing partner. Its export ambition is not only a growth journey of a Vietnamese enterprise, but also a clear demonstration that "Made in Vietnam" products can meet the most demanding international standards.

For partners interested in Sunhouse's OEM/ODM services, explore our latest product designs here, and please contact:

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USD 120 Million Export Ambition: What Drives Vietnam's Home Appliance Giant - Sunhouse to Strengthen Its Position in the Global Supply Chain?

USD 120 Million Export Ambition: What Drives Vietnam's Home Appliance Giant - Sunhouse to Strengthen Its Position in the Global Supply Chain?

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