NEWS
Digital Edge secures IDR 5.5 trillion facility from BCA to support Indonesia expansion
Digital Edge, one of Asia’ s fastest-growing data centre platforms backed by global infrastructure investor Stonepeak, has confirmed the successful close of an IDR 5.5 trillion( US $ 325 million) corporate facility from PT Bank Central Asia Tbk( BCA).
The corporate facility is provided to Digital Edge’ s Indonesia platform, comprising its controlled subsidiary PT Indointernet Tbk( Indonet) and wholly owned subsidiary PT Ekagrata Data Gemilang( EDGE DC).
Rudy Susanto, Director Corporate of BCA, reaffirmed the bank’ s commitment:“ BCA sees Indonesia’ s digital economy growth as a significant opportunity requiring strong technology infrastructure. We believe Indonet and EDGE DC have the proven track record to meet these needs, and through this financing, we aim to help accelerate national Digital Transformation.”
Proceeds from the facility will fund Digital Edge’ s new build expansion in the Jakarta metro, refinance existing BCA facilities and support completion of the final phase of the 23MW state-of-the-art EDGE2 site.
Strategically located on Jl. Kuningan Mulia, South Jakarta, EDGE2 is one of the most energy-efficient data centres in the region, achieving a market-leading annualised Power Usage Effectiveness( PUE) of 1.24.
“ We are delighted to again partner with BCA on this financing as we continue expanding in this important and high-growth market,” said Jonathan Walbridge, Chief Financial Officer, Digital Edge.“ This facility supports our mission to develop sustainable, market-leading digital infrastructure for the world’ s fourth most populous country.”
Woori Bank, NIPA and KODIT join forces to power Korea’ s AI industry
In a bid to accelerate Korea’ s AI ecosystem, Woori Bank, the Information and Communications Industry Promotion Agency( NIPA) and the Credit Guarantee Fund( KODIT) have formed a public-private partnership to channel W 230 billion into AI start-ups and small businesses.
The three-way agreement, signed at Woori Bank’ s headquarters, aims to boost financing, investment and guarantees for promising AI firms as part of the government’ s drive to make Korea one of the world’ s top three AI powers. The signing was attended by NIPA President Park Yoon-kyu, Woori Bank CEO Jeong Jin-wan and KODIT Chairman Choi Won-mok.
Under the deal, NIPA will identify high-potential AI companies and connect them to government support programmes. Woori Bank will provide financing and investment opportunities while contributing W 6 billion to KODIT to expand its guarantee capacity. KODIT will, in turn, offer preferential guarantee ratios and lower fees to qualifying firms.
The partnership also ties in with‘ DinnoLab’, Woori Financial Group’ s start-up incubation platform, which provides office space, mentoring and investor-matching programmes. DinnoLab currently operates six centres in Korea and one overseas.
According to Stanford University’ s AI Index 2025, Korea ranks 11th in AI investment capacity, behind leading economies such as the US and China.
“ This agreement will help fast-growing AI firms scale globally,” said NIPA’ s Park Yoon-kyu.“ It’ s a model for public-private collaboration that will push Korea closer to the front of the global AI race.”
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