en.Wedoany.com Reported - Data center operator DayOne has completed a new round of equity financing. The Series C round was led by existing investors Coatue and Hillhouse, which have now become DayOne's largest shareholders, with participation from new investors including the Indonesia Investment Authority (INA) and Achi Capital Partners.

DayOne, formerly known as GDS International, was spun off as an independent company last year and is reportedly preparing for a near-term listing. The company stated that the proceeds from this round will be used to accelerate business expansion in key markets.

In terms of its portfolio, DayOne currently has over 500MW of data center capacity under construction or in operation, and has reserved over 500MW of capacity for future projects in locations such as Hong Kong, Singapore, Johor in Malaysia, Batam in Indonesia, and Tokyo in Japan. The company recently launched construction projects in Thailand and Singapore; in August this year, it expanded beyond Asia for the first time, announcing the development of a campus in Lahti, Finland.

In this week's financing announcement, DayOne identified Spain as a key market but has not yet disclosed specific project plans in the country. Last year, the company hired Juan Carlos Vaamonde, a former director at AWS and Data4, as its General Manager for Spain, and has recruited for several positions, including engineering roles in Zaragoza.

DayOne stated that it will continue to consider additional equity and debt financing in both private and public markets, depending on capital needs, market conditions, and other factors.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com