Singapore-headquartered provider of modular and prefabricated data center infrastructure EPG has raised over $100 million in a Series B+ funding round led by Decarbonization Partners, a joint venture between BlackRock and Temasek, Alibaba Cloud, and other strategic investors.
The round follows the company’s Series B financing completed earlier this year and further strengthens its ability to support global deployment of AI data centre infrastructure.
Founded in 2004, EPG specialises in modular data centre solutions that integrate power, IT, and cooling systems. Its prefabricated modular business model enables faster deployment, lower environmental impact, and improved delivery certainty for customers.
The fresh funding round will support EPG’s next phase of international growth, including expanding R&D, manufacturing, and delivery capabilities.
“In the AI era, competition goes beyond computing power to delivery speed and energy efficiency. This funding will strengthen our global manufacturing and delivery capabilities to meet growing demand. By advancing a prefabricated modular approach, we aim to turn complex engineering into scalable, reliable infrastructure solutions,” said Alick Wan, Founder and Chairman of EPG.
“Data centre demand is accelerating globally, driven by strong demand from cloud adoption and AI. EPG’s prefabricated modular data centre platform provides a comprehensive suite of solutions that support a cost and energy-efficient build-out of data centre infrastructure,” said Meghan Sharp, Global Head and Chief Investment Officer of Decarbonization Partners.
EPG is powered by dual R&D centres in Singapore and Shanghai and advanced manufacturing hubs in Malaysia and China.
The company claims that last year, it delivered more than 200MW of prefabricated data centre modules, including its first full-scope delivery project, a 60MW+ facility, one of the largest single projects of its kind in Asia. EPG also expanded its footprint with new offices in Japan, Thailand, and Dubai, while growing its workforce 87.6% year-on-year to support operations.
Decarbonization Partners, officially launched in 2022, is a joint venture between Temasek and BlackRock focused on late-stage venture capital and early growth private equity investing in next-generation companies that provide solutions and technologies to help accelerate global efforts to achieve a net-zero global economy by 2050.
Decarbonization Partners invests in a wide range of companies that have proven technology and need capital to scale. The partnership attracted $1.40 billion in capital from a diverse set of over 30 institutional investors across North America, Europe and Asia Pacific.
