News
Apr 22, 2026
News
Artificial Intelligence
Data
Asia
BDx Data Centers Secures $320 Million to Scale AI Ready Infrastructure in Indonesia
NewDecoded
3 min read
Image by Lightsaber Collection
Strategic Growth in the Heart of Asia
Singapore based BDx Data Centers has successfully closed a US$320 million loan facility to expand its digital footprint across Asia. Led by a consortium of major Indonesian lenders including Bank Permata, BCA, and KB Bank, the financing marks a significant step in the company's commitment to AI ready infrastructure. This capital injection will primarily support the development of high density campuses in Jakarta designed to handle intensive machine learning workloads.
Upgrading for High Density Compute
The investment targets the ongoing expansion of the CGK3 campus, a facility purpose-built for liquid-cooled AI computing that went live in late 2025. Additionally, the funds will upgrade the high voltage grid capacity at the Jatiluhur and Suryacipta campuses to a total of 1.2 GVA. This massive power infrastructure is essential for hosting the next generation of GPU clusters required by global hyperscalers and regional enterprises.
Financial Strategy and Sovereignty
Strategic financial planning drove the decision to secure debt through local Indonesian banks rather than international institutions. By aligning debt with local revenues, BDx creates a natural hedge against currency volatility while optimizing its capital structure for the Indonesian market. This move underscores the growing confidence of regional financial partners in the scalability of the digital economy.
Vision for the AI Factory
CEO Mayank Srivastava noted that the financing represents a vote of confidence in the company's role as a provider of "AI Factories." These specialized environments prioritize ultra high density workloads and sustainable cooling technologies. The pivot reflects a broader shift in the data center industry away from traditional storage toward high performance computing.
Regional Expansion Goals
Beyond Indonesia, BDx continues to pursue a target of 1 Gigawatt in total deployment across the Asia Pacific region. The company recently achieved significant efficiency gains at its Singapore SIN1 facility by implementing the Tropical Data Centre Standard. These efforts, combined with a new talent development partnership with the Institute of Technical Education, position the firm as a vertically integrated leader in the AI space.
This $320 million financing signals a fundamental transition for BDx from a legacy colocation provider to a specialized operator of "AI Factories." By securing local Indonesian debt, the company protects itself from the currency fluctuations that often plague international infrastructure projects in emerging markets. This strategic fortification, combined with the massive 1.2 GVA grid upgrade, suggests that parent company I Squared Capital is aggressively preparing the asset for a high value exit. As data sovereignty becomes a priority for national governments, BDx is successfully positioning itself as the primary architect of Indonesia's sovereign AI future.
Related Articles
