On Aug 12, Evolution Data Centres (Evolution), a sustainable data centre platform in Southeast Asia, announced a strategic investment by Zero Two, a digital infrastructure development and investment platform headquartered in Abu Dhabi. Zero Two’s investment in Evolution will provide long-term growth capital aimed at accelerating the deployment of hyperscale-ready data centres in Southeast Asia. It also represents Zero Two’s first investment in Southeast Asia since its launch in 2022. Under the terms of the transaction, Zero Two will assume a co-controlling position alongside Warburg Pincus, establishing an institutional partnership to support Evolution’s continued growth.
Evolution is a next-generation data centre platform focused on Southeast Asia. The company develops, owns, and operates high-performance digital infrastructure with a core focus on sustainability, scalability, and local market integration.
“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," says Andrew Fitzpatrick, Principal at Warburg Pincus.
Zero Two, part of ADQ, is a digital infrastructure development and investment platform headquartered in Abu Dhabi. Since its formation in 2022, Zero Two has deployed over 550 MW of gross data centre capacity in Abu Dhabi. As part of its growth strategy, the company is actively pursuing opportunities in data centres and high-performance computing (HPC) infrastructure globally, to support the UAE’s long-term digital and economic ambitions.