a day ago
Vena Group forms AI-ready data center development unit
Vena Global Group Pte Ltd or Vena Group has announced the launch of Vena Nexus Group Pte Ltd. —its wholly owned subsidiary dedicated to the development of AI-ready data center infrastructure (AI-DC).
In a news release, Vena Group said it has transferred all related activities, personnel, and development pipeline for AI-DC solutions from Vena Energy, its renewable energy arm, to Vena Nexus.
The company said the move reflects its goal to deliver hyperscale-grade data center campuses deeply integrated with large-scale renewable power projects, as well as distributed edge facilities co-located with its renewable energy sites.
'With traditional workloads continuing to grow and AI demand for power-secure infrastructure accelerating across APAC, Vena Nexus represents the natural extension of our platform into high-performance, AI-ready digital infrastructure,' said Nitin Apte, CEO of Vena Group.
'The establishment of Vena Nexus enables sharper execution, focused capital deployment, and dedicated partnerships, while maintaining strong integration with Vena Energy as the power enabler behind our digital growth,' said Apte.
Vena Nexus inherits a pipeline of approximately 3 GW (gigawatts) of data center developments originally initiated within Vena Energy, including over 1 GW of AI-DC projects with secured power, land, and permits.
Vena Nexus, it said, is backed by a team of 60 specialists across data center development, digital infrastructure, commercial strategy, and investment.
The new unit also leverages Vena Group's broader corporate platform, comprising nearly 700 professionals in development, construction, and operations, and more than 300 specialists in legal, finance, ESG, procurement, and other corporate functions.
Vena Group's current footprint includes Japan, Singapore, Malaysia, and the Philippines, with ongoing expansion into Thailand, South Korea, Australia, and other existing Vena Group markets across the Asia Pacific region. —VAL, GMA Integrated News
