Bridge Data Centres and Concord Energy partner to explore renewable and hydrogen solutions for data centers
Bridge Data Centres and Concord Energy signed a non-binding Memorandum of Understanding (MoU) to explore potential pathways for renewable and hydrogen solutions to power Bridge's data center facilities, including hydrogen power pathway studies, system integration design, energy storage deployment assessments, and optimization of power procurement mechanisms.
Counterparts (2)
Deal Analysis
- Non-binding MoU for exploratory studies into renewable and hydrogen solutions.
- Partnership between a leading data centre provider (Bridge Data Centres) and an energy firm (Concord Energy).
- Focus on critical areas like hydrogen power studies, system integration, and energy storage.
- Located in Singapore, a key and energy-conscious data centre hub.
Source Intelligence
The companies signed a non-binding Memorandum of Understanding (MoU) to explore potential pathways, including hydrogen power pathway studies, system integration design, energy storage deployment assessments, and optimization of power procurement mechanisms. The partnership is also expected to include the development of Singapore’s first barge-based hydrogen power generation solution designed specifically for AI infrastructure. The companies claim that the initiatives will enhance energy reliability, operational flexibility, and long-term sustainability for next-generation data center campuses. Concord operates a significant portfolio of renewable assets across the APAC region, with approximately 4.78GW of installed capacity, comprised of both wind and solar projects. Bridge is owned by Bain Capital.
"Singaporean renewable energy firm Concord Energy has partnered with APAC data center developer Bridge Data Centres"
"Singaporean renewable energy firm Concord Energy has partnered with APAC data center developer Bridge Data Centres"
Global Infrastructure Sherpa