Keppel T&T bags over $144m in data centre deals

25% of Keppel DC Singapore 4 is already committed.

Keppel T&T subsidiary Keppel Data Centres has clinched over $144m in contracts at Keppel DC Singapore 3 as well as Keppel DC Singapore 4 ahead of the latter’s completion.

According to Keppel’s media release, Keppel DC Singapore 4, which is still under construction, also nabbed contracts for colocation and data centre services. Keppel DC Singapore 4 is Keppel T&T’s fourth data centre in Singapore, and its second largest.

The carrier neutral facility will feature 183,000 sqft of gross floor area when fully completed. Further, it will be fitted out to Tier 3 concurrent maintainability standards. Phase 1 core and shell construction and fit-out of the facility also remains on track for completion in 2016, with about 25% of data centre space committed.

"Trends like augmented reality, the Internet of Things and with more organisations shifting to hybrid cloud models are driving the demand for reliable and robust data centre infrastructure,” stated Wong Wai Meng, CEO, Keppel Data Centres.

Keppel asserts that the transaction is not expected to materially impact Keppel T&T’s net tangible assets or earnings per share for the current financial year.