8legs: Bridge data centres

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Bain Capital taps buyer interest for Bridge Data Centres, offering up to 70% stake, sources say

Bain Capital is exploring the sale of up to 70% of Bridge Data Centers, with Citi and JPMorgan leading the process.
Bain Capital invested in Bridge Data Centers in 2017; the stake size has not been publicly disclosed.
BDC operates data-center campuses in Malaysia, Thailand, and India and recently raised debt financing.
The sale comes amid a broader AI infrastructure boom fueling dealmaking in the tech sector.
Analysts say data centers are essential ‘pick-and-shovel’ AI infrastructure with contract-based cash flows.
Investor appetite for data centers in Asia remains strong as a defensive play amid uncertainty.
BDC intends to expand capacity in Singapore to up to 2 gigawatts by 2030, potentially reaching 3 gigawatts globally.
Bain has been reshuffling its data center portfolio, including the 2019 merger with Chindata and later separation in 2023.
BDC’s hyperscale asset in Malaysia has ByteDance as an anchor tenant.
Nvidia’s chip sales to China are noted in the context of regional data-center expansion and restrictions.
The sale process follows Bain’s strategic realignment and emphasis on AI-ready infrastructure.

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