NTT Data inks 100MW power deal with B.Grimm Power
100 MW
Capacity
development
Stage
Bangkok 4 Data Center
Project
NTT Global Data Centers has signed a 100MW Power Purchase Agreement with B.Grimm Power for its upcoming Bangkok 4 Data Center in Chonburi, Thailand. Energization is planned for the second quarter of 2027. B.Grimm Power has quickly established itself as a strong player in the data center space in Thailand, especially as an energy partner.
Deal Analysis
NTT Global Data Centers' 100MW Power Purchase Agreement (PPA) with B.Grimm Power for the Bangkok 4 Data Center in Chonburi, Thailand, signifies a crucial step in securing reliable power for NTT's expanding data center operations in the region. The agreement, targeting energization in Q2 2027, underscores the growing demand for data center capacity in Thailand and the increasing importance of strategic energy partnerships to support this growth. B.Grimm Power's established position as a key energy provider in the data center sector further solidifies this deal's significance.
This PPA highlights the trend of data center operators seeking dedicated and potentially cleaner energy sources to power their facilities. The 100MW capacity is substantial, indicating a significant investment in data center infrastructure. The involvement of NTT, a global leader in data centers, and B.Grimm Power, a prominent Thai power company, lends credibility and scale to the project. This deal also demonstrates the increasing sophistication of the Thai data center market, with specialized energy solutions becoming a key competitive factor.
- 100MW Power Purchase Agreement (PPA) is a substantial capacity commitment.
- NTT Global Data Centers, a leading global player, is the offtaker.
- B.Grimm Power is establishing itself as a key energy partner for data centers in Thailand.
- The deal supports the development of the Bangkok 4 Data Center in Chonburi, Thailand.
Market Context: The data center market in Thailand, and Southeast Asia more broadly, is experiencing rapid growth, driven by increasing digitalization and demand for cloud services. This growth necessitates significant investment in power infrastructure to support the energy-intensive operations of data centers. Power Purchase Agreements are becoming increasingly common as data center operators seek to secure reliable and potentially renewable energy sources.
Counterparts (2)
Market Context
This deal is part of the Data Center sector in Thailand.
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Data Center deals
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deals in Thailand
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