ENGIE South East Asia has announced a definitive agreement to acquire RCS Engineering Pte Ltd., a leading player in Singapore’s data centre industry specialised in delivering M&E infrastructure to large and mission-critical facilities and already exporting its services overseas.
The acquisition marks yet another significant milestone for ENGIE, expanding its operations across Asia-Pacific, as the company looks to provide sophisticated and sustainable solutions for the region's rapidly-growing digital economy including a booming development of data centres.
Data centres are heavy energy consumers and Singapore’s data centre market is expected to grow with a CAGR of 8% per year, reaching US$1 billion in revenue by 2021. With ENGIE’s mission to address the future energy challenges of its customers and be a leader in the energy transition, this acquisition positions ENGIE as a Tier I player in Singapore and Asia-Pacific, as it looks to address the energy needs of large data players, as well as telco and critical data owners.
The acquisition of RCS Engineering allows ENGIE to have a unique position within the data centre industry in Asia Pacific. It increases ENGIE’s full scope of capabilities expanding on its design and build services, facility management services, green energy supply, energy efficiency solutions, and digital support services such as Avril Digital.