Vantage Data Centers, a hyperscale data centre campus operator, is weighing a potential sale of its Malaysian assets, Bloomberg reported, citing unnamed sources.
The operator, which counts US alternative asset manager DigitalBridge Group among its backers, has enlisted a financial adviser to work on the possible divestment, the sources said.
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Any deal could value the Malaysian holdings at upwards of $2bn, they said.
The sources cautioned that no final decision has been made and that Vantage may ultimately choose to hold onto the assets.
Vantage and DigitalBridge did not respond to Bloomberg’s requests for comment.
Vantage’s footprint in Malaysia includes a 31MW campus, Sundry Photography / Shutterstock.com, in Cyberjaya, where a second, much larger campus with 436MW of capacity is under construction.
Separately, in Johor, the company is building three data centres with a combined load exceeding 300MW, together forming what would be one of Southeast Asia’s largest campuses.
The potential sale comes as DigitalBridge itself is being acquired by Japan’s SoftBank Group Corp in a deal valued at roughly $3bn.
In other recent developments at Vantage, the company has named Ed Harnaga as its new chief marketing and communications officer.
Harnaga, who will report to executive vice president Jeff Tench, will oversee Vantage’s global marketing and communications function, covering brand strategy, corporate reputation, public relations, executive communications and regional marketing across North America, EMEA and Asia Pacific.
Elsewhere, Vantage struck a partnership in March with the Malaysia Forest Fund (MFF), an agency operating under Malaysia’s Ministry of Natural Resources and Environmental Sustainability, aimed at supporting forest protection and conservation work while benefiting local communities in Selangor.
As part of the arrangement, Vantage will support the Penjaga Gunung (Mountain Guardian) initiative, one of the schemes falling under the Forest Conservation Certificate protocol overseen by the Malaysia Forest Fund.
In February, French urban development group Altarea and Vantage agreed a partnership to build an AI and cloud data centre campus in France, which is expected to rank among the country’s largest.
