Sustainable Data Center Provider Receives New Funding for Southeast Asia Expansion

Evolution Data Centres, a provider of sustainable IT infrastructure in Southeast Asia, has received new funding to fuel business expansion. Financial figures and valuation terms were not disclosed.

The new investor is Zero Two of Abu Dhabi, United Arab Emirates (UAE). Zero Two, founded in 2022, is "focused on delivering sustainable, scalable, and resilient digital infrastructure across the region and globally, acting as a developer and investor."

Under the terms of the investment, Zero Two gains a "co-controlling position" position in Evolution Data Centres -- alongside Warburg Pincus. Dollar figures for the deal were not disclosed.

Evolution's data center footprint extends across across Thailand, the Philippines and Vietnam. All of the company's data centers are "powered by renewable energy via Power Purchase Agreements (PPAs) with leading renewable energy providers," the company asserts. Example partners include Citicore Renewable Energy Corporation (CREC) of the Philippines and Banpu NEXT in Thailand and Vietnam.

We don't know if the Evolution is striving to be an overall net-zero business, but this PDF summarizes the company's overall data center sustainability strategy.

Why Zero Two, Warburg Pincus Support Evolution Data Centres

In a prepared statement about the Zero Two funding deal, Evolution Data Centres CEO and Co-Founder Darren Webb said: “We are absolutely delighted to welcome Zero Two as a strategic investor. Their support marks a major milestone for Evolution Data Centres and will significantly accelerate our mission to deliver sustainable, high-performance digital infrastructure across Southeast Asia. Together with our investors and partners, we’re powering the next phase of digital transformation in the region.”

Added Ahmed Al Hameli, CEO of Zero Two: “We are excited to partner with Evolution and Warburg Pincus to support the expansion of digital infrastructure across Southeast Asia. Evolution’s strong market positioning and leading execution capabilities make it a compelling fit for Zero Two’s long-term capital deployment strategy. Together, we aim to accelerate the scale up of energy-efficient hyperscale data centres that meet the region’s rapidly growing cloud and AI demands.”

Concluded Andrew Fitzpatrick, principal at Warburg Pincus said: “We are excited to welcome Zero Two into our partnership with Evolution. We see a high growth trajectory in modern data centre capacity at scale across Southeast Asia’s significantly underserved markets, where cloud and AI demand is rising rapidly. With strong execution capabilities and the backing of leading investors and trusted local partners, Evolution is uniquely positioned as an early mover and leading sustainable data centre platform in the region. We are pleased to have found a well-aligned and strategic partner in Zero Two to embark on this journey with us.”

Data Centers and Sustainable IT Services: Market Headwinds

Numerous data center and cloud service providers (CSPs) worldwide are pursuing sustainable IT strategies. The efforts typically involve renewable energy, power management and monitoring, lower-carbon construction materials, IT asset disposition (ITAD), e-waste reduction, and more.

However, data center operators in 2025 reported limited sustainability advances -- and even some setbacks -- amid AI's massive energy requirements and political headwinds in certain regions, Network World reported based on the Uptime Institute’s 15^th Annual Global Data Center Survey.