YCO Cloud Campus One (Malvar One / M1) is a data center project in Malvar, Philippines, operated by YCO Cloud Centers. It is operational. It is planned for 12 MW of IT load. The operator reports 12 MW running.
Record last checked against its sources on 18 October 2026.
This project is built or running, so every gate counts as passed.
Build odds is ArusGrid's reading of the public record, not a forecast, a rating or advice. It counts the gates this project has passed in public sources. Private progress does not show, a passed gate can be undone, and projects that pass every gate still stop. The method has not yet been tested against outcomes. How it works.
How Philippines approves, powers and taxes data centers is on Data center rules in Philippines.
Greater Manila holds 9 active projects with 517 MW of planned IT load between them, and YCO Cloud Campus One (Malvar One / M1) ranks 8th by planned capacity. Of those, 6 are operational, 1 is at the land and permitting stage, 1 is announced only and 1 is on hold. Published colocation vacancy in Greater Manila was 43.6% as of June 2026, on 90 MW of operational colocation capacity as counted by Cushman & Wakefield. Vacancy excludes hyperscaler self-build.
It is the only YCO Cloud project ArusGrid tracks. It sits on the YCO Cloud Campus One. Named funding comes from JJYnchausti Group and SM Investments Corporation on the equity side and Cloud Centers Inc (US). No tenant has been disclosed, which is normal for colocation and says nothing about occupancy.
The build is phased. M1 (built) at 12 MW is operational with a 2023 target; Campus expansion at 24 MW is announced. Power comes from Local electricity suppliers (not named) through a renewable power purchase agreement.
Grid power for a large industrial user in the Philippines costs about US$0.12 per kWh as of July 2026, the country figure ArusGrid applies where a site has no published rate. The US export control position for advanced AI chips in the Philippines, as of 27 September 2026, is recorded as “No US destination-based licence requirement as enforced”. ArusGrid holds 8 public sources for this project, the latest dated 4 September 2026, and last checked the record on 18 October 2026.
Running capacity. The site is operational or expanding. The rules are fixed and published on the Methodology page.
No public signal either way.
This country carries no US destination-based licence requirement for advanced AI chips as the rules are enforced today. Access is a commercial matter between the project and its vendors. Criteria are published on the Methodology page.
No US destination-based licence requirement as enforced · No US destination-based licence requirement as enforced (2026-09-27) source
No tenant disclosed. Most colocation leases are confidential, so this says nothing about occupancy. Not yet checked against second-order sources.
Platform capital spans several sites. It is never added to this project's own figure.
No published price band exists for Philippines, and ArusGrid does not estimate from the regional benchmark alone. What was searched is listed on the Colo prices page.
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