Woori Financial Group is expanding its US presence with a $150 million investment in two hyperscale data centers leased to Amazon.com Inc., marking the Korean company’s push into the fast-growing digital infrastructure sector.
The Seoul-based financial group teamed up with French investment bank Natixis for the deal, which targets facilities in Arizona and Virginia. Both centers secured 15-year lease agreements with the e-commerce giant, according to a company statement.
The investment flows through the Woori-Natixis Global Private Debt Fund, launched last year with plans to grow from $250 million to $1.5 billion by 2027. The fund targets the US data center market, where Virginia maintains a tight 1% vacancy rate as the country’s leading data hub. Arizona ranks sixth nationally, with a 3% vacancy rate.
The Arizona facility offers 176 megawatts of capacity, while the Virginia site provides 110 megawatts. Woori PE Asset Management CEO Kang Shin-kook said the company aims to leverage its overseas investment experience to strengthen global private equity capabilities.
This deal reflects growing Asian interest in US digital infrastructure as cloud computing drives data center demand. The investment comes as Korean financial groups seek higher yields abroad amid limited domestic opportunities.