Princeton Digital Group sells five Indonesian data centers to SM+

PDG is selling its Indonesian enterprise data center business to SM+, the digital infrastructure arm of Sinar Mas. The deal covers five operational facilities across Greater Jakarta, Bandung, Surabaya and Pekanbaru, while PDG keeps its ~400MW hyperscale portfolio.

• SM+ will operate 31 sites across 25 Indonesian markets after closing
• PDG retains hyperscale campuses JC2, JC3 and JC4 near Jakarta
• The five sites came from PDG's 2019 acquisition of a 70% stake in XL Axiata's portfolio
• PDG says its total portfolio reaches 1.8GW