Unit Ayala, Flow to build data centers
Ayala Land Logistics Holdings Corp. (ALLHC) and Flow Digital Infrastructure, part of regional investment firm PAG, announced they would begin building new data centers across the country following a partnership agreement signed last May. .
“ALLHC’s expansion into the data center space is consistent with its long-term strategy to broaden its portfolio into complementary new economy segments,” the company said in a stock filing.
“This partnership is the latest step in Flow’s continued expansion into Asia-Pacific as a platform providing customized solutions to meet the region’s growing demand for digital infrastructure,” he said. added.
ALLHC said the first data center will have a total capacity of 36 megawatts, which will be rolled out in phases.
The initial 6MW deployment will be completed and online by the end of 2024, he added.
Data centers provide critical data storage and information technology services to businesses. They are also notoriously energy-intensive facilities, with capacity and efficiency measured in megawatts instead of area.
The largest of these are called hyperscale data centers, which provide enough capacity to meet the data needs of global tech giants like Google and Meta.
“The Philippines is at a tipping point to embrace the growth of the digital economy, where digital infrastructure plays a critical role as the foundation of the information and communications technology industry,” said Amandine. Wang, CEO of Flow, in a statement. “We are very pleased to partner with ALLHC to provide best-in-class solutions to meet the Philippines’ growing demand for high-quality, carrier-neutral data center services,” she added. .
ALLHC brings “proven experience” in industrial real estate development while Flow contributes to the design, development and operational capabilities of next-generation data centers. FLOW was launched in 2021 by PAG, an Asia-Pacific-focused investment firm that manages $50 billion in assets.
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