Capital, land and power for Thailand’s digital infrastructure
JR TENG KE CO., LTD. is a Thailand-based investment firm dedicated to data centres and digital infrastructure. We back hyperscale campuses, AI compute facilities and edge nodes across greenfield development, acquisition and retrofit — providing long-term capital alongside the land, power and customer relationships that make projects bankable.
One sector, pursued in depth
We invest in the physical layer of Thailand’s digital economy — the buildings, power and connectivity that carry cloud, AI and enterprise workloads. From the compute core to the supporting energy and network assets.
Hyperscale Data Centre Campuses
Large-scale campuses built for cloud providers, platforms and wholesale colocation operators — targeting long-dated leases and both stable cash yield and capital appreciation.
AI Compute & GPU Clusters
High-density facilities designed for model training and inference, including liquid-cooling readiness, high rack power density and compute scheduling platforms.
Edge & Distributed Compute
Smaller nodes positioned close to users and industry, serving low-latency workloads across industrial estates, logistics corridors and provincial enterprise demand.
Power & Supporting Infrastructure
Substations, on-site generation, solar and storage assets that secure capacity and improve project-level returns in a constrained grid environment.
Network & Interconnection
Fibre routes, interconnection facilities and cross-border capacity that determine which sites can serve regional cloud and content traffic.
Brownfield Repositioning
Acquiring underperforming, ageing or stalled facilities and rebuilding them through power upgrades, cooling redesign and new customer contracts.
Greenfield · Acquisition · Retrofit
We are not restricted to a single stage. Depending on where an asset sits — from a land title to a live facility — we structure the capital and the role accordingly.
Greenfield Development
Leading or co-developing new capacity from site selection through to commissioning, carrying development risk and earning development returns.
- Site selection and land due diligence
- Power capacity application and grid coordination
- Design, EPC tender and construction management
- Customer pre-leasing before energisation
- Ticket size: USD 20M – 150M
Acquisition
Acquiring operating or near-complete assets where lease quality, cash flow visibility and site scarcity support a long hold.
- Single-facility and campus-level asset purchases
- Platform and operator equity acquisitions
- Lease quality, tenant mix and covenant analysis
- Exit pathway via REIT or secondary trade
- Ticket size: USD 10M – 250M
Retrofit & Upgrade
Deploying targeted capital into underutilised or ageing assets to release value through technical and commercial repositioning.
- Power expansion and electrical system upgrades
- Air-cooled to liquid-cooled conversion
- Efficiency optimisation and capacity reallocation
- Re-targeting tenants and rebuilding the lease book
- Ticket size: USD 3M – 40M
What we will look at
We assess assets in any ownership or operating condition. If a site carries location, power or customer value, we will take it into review.
Any ownership structure
Freehold, leasehold, promoted, joint venture or unregistered land. We help work through the title pathway.
Any operating status
Planning, in construction, operating, partially vacant or awaiting retrofit — each matches a different capital structure.
What actually drives value
Location and latency, secured power capacity and tariff, water availability, tenant quality and lease tenor, and build cost per MW.
Where we invest in Thailand
We concentrate on the industrial corridors where power, land and connectivity align — anchored by the Eastern Economic Corridor and the Bangkok metropolitan area, complemented by secondary clusters.
EEC — Chonburi & Rayong
The core of Thailand’s new capacity pipeline. Industrial estates with grid headroom, deep-water ports and established power infrastructure.
EEC — Chachoengsao
Emerging corridor between Bangkok and the eastern seaboard, benefiting from grid expansion and land availability.
Bangkok Metropolitan
The established interconnection and enterprise colocation hub. Scarce land and constrained power make in-place assets valuable.
Samut Prakan
Second-ring location south of Bangkok with available grid capacity and industrial zoning, suited to larger builds.
Ayutthaya & Pathum Thani
Northern industrial belt. Strong substation infrastructure and proximity to Bangkok for latency-sensitive workloads.
Northern Cluster
Chiang Mai and the northern region — distributed capacity serving regional enterprise and digital platforms.
Northeastern Cluster
Nakhon Ratchasima and the northeast. Competitive land and power economics for large-footprint builds.
Southern Cluster
Songkhla and the southern corridor, including cross-border connectivity toward Malaysia.
Four ways to work with us
Capital is rarely the only thing a project needs. We also bring land, power access, customers and an exit pathway — and structure the relationship around what each side actually contributes.
Equity Investment
Direct equity into a project company or operating platform, as a control or minority investor, and often alongside an industry co-investor. We provide capital, governance input and follow-on financing support.
Asset Acquisition & M&A
Outright purchase of facilities or portfolios, whether a full transfer, a staged buy-in or a continued co-ownership with the incumbent. Structures can be adapted to the seller’s timetable.
Joint Development
A joint-venture platform with landowners, power providers and operators, where each party contributes land, permits, power capacity, customers or capital and shares both development risk and asset returns.
Pre-REITs & Exit Structuring
Once assets reach stable operation, we help prepare them for a REIT, a trust or a secondary trade — giving original sponsors a clear route to recycle capital while retaining operational control where useful.
What we screen for
Clear thresholds make first conversations faster. Projects meeting most of these will move straight into due diligence.
| Dimension | What we assess | Indicative threshold |
|---|---|---|
| Location & latency | Proximity to the Bangkok metro, industrial estates and carrier routes; round-trip latency to key markets | ≤ 10 ms to Bangkok metro; ≤ 25 ms regional |
| Power capacity | Secured supply, dual feeds, expansion headroom, tariff structure | ≥ 10 MW per project, expansion potential preferred |
| Energy efficiency | Cooling architecture, PUE target, renewable sourcing, water strategy | PUE ≤ 1.40, improving to ≤ 1.30 |
| Tenants & leases | Counterparty quality, lease tenor, occupancy, renewal visibility | Anchor tenant with ≥ 5-year term preferred |
| Ticket size | Total transaction value, single asset or portfolio | USD 3M – 250M |
| Returns | Levered IRR, cash distribution yield, residual value upside | Levered IRR ≥ 13% |
| Title & compliance | Land title, building permits, zoning, corporate and licence history | Clean title, or remediable and fully disclosed |
From first contact to funds deployed
A transparent sequence with a named investment manager on the other side of every step.
Submit
Project owners upload a proposal and supporting materials. Partners submit their profile and objectives online.
→ Reply within 5 business days
Initial call
A 30-minute call to test strategic fit and surface the key commercial terms.
→ Scheduled within 10 business days
Investment review
Internal review, then an indication of interest and a proposed transaction structure.
→ Decision within 30 business days
Due diligence & close
Financial, legal, technical and power diligence, followed by documentation and funding.
→ 1 – 4 months by complexity
Choose your route in
Two separate teams handle project submissions and partnership enquiries. Both reply within 5–7 business days.
I have a project and need capital
You own or control a data centre project, land, a permitted site or an operating facility, and want to bring in capital, share development risk or exit.
- Upload your proposal, financial model and supporting documents (up to 5 files, 50 MB each)
- Tell us the stage — greenfield, acquisition or retrofit — plus asset type and location
- Written response within 5 business days, then a call or site visit
- An NDA can be signed before any detailed disclosure
I have resources or capital to deploy
You are an operator, industrial group, landowner, power provider, financial institution or investor looking for a project, co-investment or platform partnership.
- Select a partnership type — deal sourcing, joint development, co-investment or fund participation
- Describe your organisation, resources and what you want from the relationship
- Handled by our partnerships team, with a one-to-one meeting where useful
- Access to our investment strategy and current mandate documents
A title, a permit, a site — or a facility that’s already running
Whatever stage your project is at, we are willing to have the conversation.