Digital Edge signs 83MW solar PPA with Hexa Climate Solutions for Navi Mumbai data center, partners on recycled water

Digital Edge has executed an 83MW solar Power Purchase Agreement (PPA) with Hexa Climate Solutions to supply renewable energy to the first phase of its 350MW BOM campus data center in Navi Mumbai, Maharashtra, India. Power delivery is slated to commence in December 2026. Concurrently, Digital Edge India announced a water sustainability partnership, deploying liquid cooling powered by 10 million liters of recycled water daily, aiming for an annualized PUE of 1.25 and Water Utilization Effectiveness below 1.75. The BOM campus, a $2 billion project, is being developed in collaboration with the National Investment and Infrastructure Fund (NIIF) and AGP DC InvestCo Pte Ltd, underscoring a commitment to sustainable digital infrastructure in India.

Counterparts (6)

Partner

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National Investment and Infrastructure Fund (NIIF)

company

National Investment and Infrastructure Fund (NIIF) is India's first sovereign-backed infrastructure-specific investment fund, established by the Government of India. It aims to catalyze private capital into the country's infrastructure sector by investing across a diverse range of asset classes and stages. NIIF manages three funds: Master Fund, Fund of Funds, and Strategic Opportunities Fund, focusing on long-term capital for nation-building.

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AGP DC InvestCo Pte Ltd

company

AGP DC InvestCo Pte Ltd is a joint venture between AGP Sustainable Real Assets and Stonepeak, focused on developing, owning, and operating hyperscale data centers across the Asia Pacific region. The company leverages significant capital commitments to build a portfolio of digital infrastructure assets, starting with greenfield projects.

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I Squared Capital

company · 4 deals

I Squared Capital is an independent global infrastructure investor focusing on energy infrastructure, utilities, transport and logistics, digital infrastructure, social, and environmental infrastructure. They develop investment platforms in infrastructure and aim to invest in a more sustainable future.

Stonepeak Infrastructure Partners

company · 1 deals

Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets. They invest capital on behalf of pension funds, endowments, and other large institutions, seeking opportunities with strong macro tailwinds and exceptional growth prospects.

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Digital Edge

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Digital Edge is a leading platform of next-generation data centers in Asia, founded in 2020 and backed by global private equity firm Stonepeak. The company focuses on developing, acquiring, and operating data centers to provide colocation, interconnection, and digital infrastructure services across high-growth markets in the region.

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Hexa Climate Solutions

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Hexa Climate is an Indian climate solutions IPP platform, backed by I-Squared Capital, specializing in renewable energy development and decarbonization. They offer tailored net-zero solutions, including Open Access Solar and Wind Power, Battery Storage, and Carbon Offsets, primarily for Commercial and Industrial consumers in India, with an expanding presence across the APAC region.