7 March 2024, Singapore — Real estate private equity firm Gaw Capital Partners and award-winning Singaporean data center heat removal solution provider KoolLogix signed an MOU today to collaborate on integrating KoolLogix technology into Gaw Capital’s multi-tenanted data center in Nongsa, Batam. KoolLogix will support specific customer requirements for high density rack deployment. The under-construction data center in Batam is expected to ready for service (RFS) in Q4 2024. A section of the data hall has been allocated for the installation of the KoolLogix system to accommodate the high-density rack requests.
The agreement was signed by Kok Chye Ong, Head of IDC Platform, Asia (ex-China) for GAW Capital, and Chun Keat Cheong, CEO and Co-founder of KoolLogix, in a ceremony at Gaw Capital Partners’ office in Singapore.
Kok Chye Ong, Head of IDC Platform, Asia (ex-China) for GAW Capital, said, “As a multi-tenanted data center in the colocation industry, we have to accommodate our clients’ diverse needs. By implementing the KoolLogix system in a portion of our data center, we are able to meet high specification client demands while also supplying the data center with additional cooling.”
Chun Keat Cheong, CEO of KoolLogix, expressed his enthusiasm for deepening partnerships to meet Gaw’s clients’ needs: “We are optimistic about the potential for numerous opportunities to deploy KoolLogix technology across regional data centers. We can expect a significant reduction in energy usage for cooling data centers after installing the KoolLogix system, paving the way for data centers to not only meet but exceed their sustainability objectives.”
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About Gaw Capital Partners
Gaw Capital Partners is a uniquely positioned private equity fund management company focusing on real estate markets in Asia Pacific and other high barrier-to-entry markets globally.
Specializing in adding strategic value to under-utilized real estate through redesign and repositioning, Gaw Capital runs an integrated business model with its own in-house asset management operating platforms in commercial, hospitality, property development, logistics, IDC and Education. The firm’s investments span the entire spectrum of real estate sectors, including residential development, offices, retail malls, serviced apartments, hotels, logistics warehouses and IDC projects.
Gaw Capital has raised seven commingled funds targeting the APAC region since 2005. The firm also manages value-add/opportunistic funds in the US, a Pan-Asia hospitality fund, a European hospitality fund, a Growth Equity Fund and it also provides services for credit investments and separate account direct investments globally.
Gaw Capital has raised equity of US$22.3 billion since 2005 with assets of US$33.7 billion under management as of Q3 2023.
About KoolLogix
Founded in 2018, KoolLogix is an award-winning data centre thermal management company with a paradigm-shifting heat-removal solution that delivers improved energy efficiency and lower carbon emission. This is ideal for data centre operators and their clients in achieving better operational returns and environmental sustainability goals. With headquarters in Singapore, KoolLogix has successfully deployed its solution to colocation, enterprise, and supercomputer data centres, servicing low to high power density ecosystems.
For more information, please visit: www.koollogix.com