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Home > Data Center > Alpha DC Fund to invest in Chinese data center

Alpha DC Fund to invest in Chinese data center

Alpha DC Fund announced that it has entered into an agreement to acquire 100% shareholding interest in Huizhou Bike Property.

Erdem Yasar by Erdem Yasar
July 28, 2020
in Data Center
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Alpha DC Fund has entered into an agreement to acquire 100% shareholding interest in Huizhou Bike Property, which is a fully-owned subsidiary of Country Garden Holdings. Huizhou Bike will own a greenfield data center development located in the Tonghu Smart City in Huizhou, Guangdong Province. Alpha DC Fund will invest approximately $213 million to acquire Huizhou Bike and to develop the data center. Country Garden will leverage the rich technical capabilities and experience of Keppel Data Centres and undertake the construction of the core and shell.

$213 million investment

Keppel Data Centres will also collaborate with Shenzhen Huateng Smart Technology to implement global best practices for data center operations. When fully developed, the data center will fit more than 6,000 high-density racks and have China Data Centre Class A GB-standard equivalent specifications. The data center will be developed in two phases and the expected gross floor area is 486,700 square feet. The first phase is expected to be completed in 2021 and the second one is planned for 2022. The data center site also has the potential to build up another 538,200 square feet.

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Tags: Alpha Data Center FundKeppel Data Centres
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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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