Macquarie Asset Management and Gabia Join Forces for 600 Billion Won Investment in Hyperscale Data Centers
Macquarie Asset Management and Gabia Sign Joint Investment Agreement
Macquarie Asset Management Group and Gabia have joined forces to develop a hyperscale data center platform in Korea.
On March 3, Macquarie Asset Management announced that the Macquarie Asia-Pacific Infrastructure Fund 4 (MAIF4) signed a joint venture agreement with Gabia, a cloud services specialist, on February 25.
Under this agreement, the two companies will jointly invest approximately 600 billion won over the next four to six years to build a hyperscale data center infrastructure platform with a cumulative capacity exceeding 100MW (megawatts) at key locations across Korea. The exact investment ratio remains undisclosed.
The first result of this joint venture will be the Ansan Data Center, which will have a capacity of 40MW. The Ansan IDC will be established as a new hub for AI infrastructure in the Seoul metropolitan area. It will be organically linked with the Gwacheon IDC, which is specialized for high-performance GPU server hosting, to build an integrated infrastructure system.
The two companies plan to continue close cooperation for the future expansion of domestic data center infrastructure. Specifically, MAIF4 will take the lead in asset development and financial activities such as land acquisition, obtaining permits, and project financing. Gabia, together with its subsidiary KINX, will be responsible for the entire spectrum of service operations, including data center design, network construction, operation, and maintenance.
Kim Yonghwan, Head of Macquarie Asset Management Group Korea, stated, "As AI adoption accelerates in Korea, advancing digital infrastructure to support this trend is essential. Gabia is the optimal partner to lead this transformation with us. By combining Gabia's capabilities with Macquarie Asset Management Group's global digital infrastructure expertise, we can further accelerate Korea's digital transformation."
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Won Jonghong, Co-CEO of Gabia, emphasized, "This collaboration marks a pivotal turning point for Gabia Group as we expand our accumulated infrastructure capabilities to the hyperscale level. Through the Ansan Data Center, we will respond to the explosive demand for AI infrastructure and drive our customers' growth."
Kim Yonghwan, Head of Macquarie Asset Management Group Korea (left), and Won Jonghong, Co-CEO of Gabia. Macquarie Asset Management
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