YTL Power data centre ‘underappreciated’

HLIB Research said that data centres will be YTL Power’s next phase of growth.

PETALING JAYA: YTL Power International Bhd’s “underappreciated” data centre business fetches a valuation of RM6.3bil or one-fifth of the group’s total market value of over RM32bil.

The estimate by Hong Leong Investment Bank (HLIB) Research was based on a “conservative” 150 megawatt (MW) capacity of YTL Power’s data centre arm, YTL Data Center Holdings Pte Ltd (YTLDC).