How well evidenced is it
Running capacity. The site is operational or expanding. The rules are fixed and published on the Methodology page.
Named funderYes
Disclosed clientNo
Committed or approved capitalYes
Dated, sized phaseYes
Three or more sourcesYes
Dated source in the last 24 monthsYes
AI workloads
StatusConfirmed
AI/ML design with direct-to-chip liquid cooling (operator)
Phases
DC1 first completion · Operational25 MW, target 2025
DC1 full (98MW) · Under construction98 MW
Full campus (3 DCs) · Announced300 MW
Who is behind it
OperatorVantage Data Centers (acquired from Yondr Group) · Colocation
Funder, EquityGIC
Funder, EquityADIA
Funder, DebtGreen loan syndicate (US$900m+)
No tenant disclosed. Most colocation leases are confidential, so this says nothing about occupancy.
Money at this site
Debt raised, 2024-09US$900m
This is the size of a loan. ArusGrid excludes it from capital spending totals.
The figure covers the whole campus.
Platform deals that include it
Vantage APAC raise + Yondr Johor acquisition
Platform acquisition, 2025-11US$1.6bn
Platform capital spans several sites. It is never added to this project's own figure.
Who builds it
Design and build contractorSunway Construction Sdn Bhd · RM1.7bn (≈US$383m) · Dec 2022 Reported source ↗ Project JHB1X0 design and build: piling, precast structure, architecture, M&E, ancillary works
Design and build contractorSunway Construction Sdn Bhd · RM1.5bn (≈US$338m) · Jun 2024 Reported source ↗ JHB1X0 additional NTP4 works (fourth phase); contract raised to RM3.2bn
Fit-out contractorSunway Construction Sdn Bhd · RM82m (≈US$18m) · Sep 2024 Reported source ↗ JHB1X0 tenant improvement works, variation order 1
Fit-out contractorSunway Construction Sdn Bhd · RM265m (≈US$60m) · Oct 2024 Reported source ↗ JHB1X0 tenant improvement works incl. VOs (cumulative TIW RM347m; contract to RM3.5bn, complete Feb 2026)
Project managerHSS Integrated Sdn Bhd · RM8.8m (≈US$2m) · Jan 2023 Reported source ↗ Project control, planning, construction management, H&S for DC campus and substation, 18 months
Project managerHSS Engineers Sdn Bhd · RM10.2m (≈US$2m) · Aug 2024 Reported source ↗ Project construction management services, 22 months to Jun 2026
Land
Land sellerTPM Technopark Sdn Bhd (Johor Corporation) · 72.8 acres · Mar 2022 Confirmed source ↗ "72.8 acres of land acquired from TPM Technopark" in Sedenak Tech Park; buyer Yondr (campus later acquired by Vantage)
Power supply
Grid supplyTenaga Nasional Berhad (TNB) · 275kV Confirmed source ↗ Dual 275kV primary feeds; multiple diverse 33kV secondary feeds per building; air-cooled chillers · Applies to the whole campus.