B.Grimm, Digital Edge to invest US$1bil in Thai data centre
BANGKOK : Thai power producer B.Grimm Power Pcl and Digital Edge DC will jointly invest about US$1 billion in a Thailand data centre as demand rises for artificial intelligence (AI), cloud computing and other digital services across Southeast Asia.
The data centre, which will have a capacity of 100MW, is expected to begin commercial operations in the fourth quarter of 2026, B.Grimm Power's CEO Harald Link and Digital Edge CEO John Freeman said during a joint press briefing today.
It will be located in eastern Chon Buri province, about 100km from Bangkok.
'B.Grimm Power is 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.
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.
'Thailand stands out as one of Asia's most compelling markets for digital growth with surging demand for AI and machine learning,' Freeman said.
'Thailand's promotion of renewable energy also makes it appealing for the data centre investment,' he said.
Digital Edge, backed by private equity fund Stonepeak Partners, operates 24 data centres across India, Indonesia, Japan, Malaysia, the Philippines and South Korea, according to the company.
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