On March 2, CONCORD NE Group signed a Memorandum of Understanding (MOU) with Bain Capital's Bridge Data Centres (BDC) in Singapore. The MOU outlines a partnership to jointly explore diversified energy supply pathways globally that integrate renewable energy and hydrogen solutions. This initiative aims to support the low-carbon transformation of data center infrastructure. A key component includes providing Singapore's first hydrogen power generation solution on a barge, specifically designed for AI digital infrastructure.
The scope of collaboration encompasses research on hydrogen power generation pathways, integrated system design, evaluation of energy storage deployment, and optimization of power procurement mechanisms. Through these efforts, both parties aim to enhance the energy reliability, operational flexibility, and long-term sustainability of next-generation data center campuses.
CONCORD NE (00182) brings its expertise in renewable energy development and integrated energy systems to the partnership, while BDC contributes leading operational capabilities in the digital infrastructure sector. The collaboration is designed to accelerate the integration of clean energy with advanced computing infrastructure. As artificial intelligence and high-performance computing continue to reshape the regional economy, this partnership is also expected to support Singapore's goal of maintaining its status as a leading digital hub, underpinned by low-carbon energy sources.
Headquartered in Singapore, Bridge Data Centres (BDC) is a leading hyperscale data center platform in the Asia-Pacific region under Bain Capital, focused on developing and operating high-performance digital infrastructure. Its business spans multiple high-growth markets, with a commitment to providing resilient, reliable, and sustainable infrastructure to support the rapid expansion of cloud computing and AI applications.
CONCORD NE Group, also headquartered in Singapore, is a renewable energy developer and operator dual-listed on the main boards of the Hong Kong Exchange and the Singapore Exchange. With twenty years of experience in the renewable energy industry, its business covers wind power, photovoltaic, and energy storage projects. The group possesses significant strength in project development, investment, construction, and long-term asset management, currently holding equity-installed capacity exceeding 5 gigawatts (GW) globally. CONCORD NE remains committed to advancing the application of clean energy and providing integrated energy solutions to support sustainable development.