SC Capital Partners Group has commenced the construction of a new data centre in Osaka, Japan, while Coda has appointed a new executive leadership team and board composition.
SC Capital invests $600m in Japan data centre
Singapore-based SC Capital Partners Group has commenced the construction of a new data centre in Osaka, Japan, with a total investment of $600 million for the first phase of development.
The project is supported by a consortium comprising an existing data centre investment programme between SC Capital and an Abu Dhabi Investment Authority (ADIA) subsidiary, a major Japanese real estate developer, and SC Capital’s RECAP fund series, according to a statement.
The facility has been allocated 100MW of power and is situated with direct access to robust power infrastructure and major network routes, it said.
SC Capital has also commenced pre-leasing discussions and has received strong interest from leading global cloud service providers and technology companies. The facility is scheduled to commence operations in early 2028.
“Japan continues to stand out as one of the most resilient and rapidly growing digital economies globally,” said Suchad Chiaranussati, Chairman and Founder of SC Capital.
The firm said it is currently advancing additional data centre developments and acquisitions in Japan, South Korea and other key Asia Pacific markets.
Coda announces new leadership team
Apis Partners-backed digital content monetisation and distribution company Coda has appointed a new executive leadership team and board, marking an important milestone following the acquisition of Recharge, Europe’s leading prepaid payments platform.
Shane Happach continues as Chief Executive Officer, leading the combined organisation. The executive team includes Fabian Spaargaren, EVP B2C, who previously served as Chief Commercial Officer at Recharge, and Martine Tiemersma, Chief Operating Officer, who joins from her role as Recharge’s COO.
They are joined by Zac Liew, Chief Commercial Officer B2B; Mike Feldkamp, Chief Technology Officer; Abhi Sharma, Chief Financial Officer; Linda Lee, SVP People; and Liz Adam, VP Corporate Affairs. Together, the team brings deep experience across payments, consumer platforms, technology, commercial strategy, and global operations.
Coda has also updated its board of directors. Michael Kent has been appointed Chairman, following his previous role as Chairman of Recharge’s board. Günther Vogelpoel, outgoing CEO of Recharge, will transition out of his management role and join the board as a non-executive director at the end of the year. The board continues to include representatives from Apis Partners, GIC, Insight Partners, and Smash Capital.
Founded in 2011, Coda is a global company in digital content monetisation and distribution. Coda recently acquired Recharge, Europe’s leading prepaid payments platform. Coda is backed by Apis Partners, Insight Partners, and Smash Capital.
