🇵🇭 KKR wants the Philippines' geothermal fleet off the public market: First Gen valued at $2.7B — DealStreetAsia · Permalink
KKR is buying 8.43% from First Philippine Holdings at about 46 pesos a share, then tendering for the 11.67% public float to delist the owner of 12 geothermal plants.
Positive-sum angle: Private capital absorbing baseload renewables lets a build schedule outrun quarterly reporting, and Luzon's incoming data-centre load will want every megawatt of it.
🇲🇾 Malaysian banks are funding Singapore's compute overflow: STT GDC raises $1.37B for a 166MW Johor campus — TechNode Global · Permalink
UOB Malaysia coordinated the green loan alongside OCBC, Standard Chartered and CIMB. Phase one carries 166MW of IT load at Nusa Cemerlang, inside the Johor-Singapore Special Economic Zone.
Positive-sum angle: Green-loan pricing on a data-centre campus means regional lenders now underwrite AI capacity as infrastructure credit — cheaper money than the equity that funded the last cycle.
🇸🇬 Commerce software is consolidating before it is profitable: Singapore's Graas raises $17M and buys Trustana — TechNode Global · Permalink
Temasek-founded LemmaTree led the Series B with Integra Partners and Tin Men Capital. Graas runs more than $1 billion in live commerce transactions; Trustana brings David Jones and Chemist Warehouse.
🇻🇳 Vietnam's fryer oil becomes jet-fuel feedstock: FatHopes and PVOIL target 200,000 tonnes a year — TechNode Global · Permalink
Malaysia's FatHopes will run digital traceability across PVOIL's roughly 1,000 petrol stations to aggregate used cooking oil, starting in Ho Chi Minh City before going nationwide.
Positive-sum angle: Waste that kitchens now pay to remove turns into an export line, and the collection network outlives the oil price once aviation's blending mandates bite.
🇲🇾 Chip supply chains keep landing in Malaysia: NXP adds 500,000 sq ft in Petaling Jaya — TechNode Global · Permalink
The Dutch chipmaker's groundbreaking takes its assembly and test site to about 900,000 square feet, with production ramping from the first quarter of 2028.
