An Airtrunk Data Center campus in Sydney.
Thanks to Airtrunk
Airtrunk -accompanied by American private equity giant Blackstone -received a loan of S $ 2.3 billion ($ 1.8 billion) to build his second Cloud Computing facility in the city of Loyang in the east of Singapore, double his investments in the Asia in the Asia.
The new AI-driven data center, which will have a capacity of more than 70 megawatts, will be financed by a syndicate of more than 20 banks, including Crédit Agricole CIB, DBS Bank and ING Bank, said the company established in Sydney in a rack Released on Monday.
“This historical transaction is the largest loan and green loan from Singapore for a data center,” said Robin Khuda, founder and CEO of Airtrunk in the statement. “It strengthens the leadership of Airtrunk in sustainable finances and reflects strong market confidence in the AirTrunk growth and sustainability strategy.”
According to AirTrunk, the new facility, called SGP2, will have one of the lowest power consumption among data centers in Singapore in Singapore. To further reduce the carbon footprint, the facility will be built using so -called green concrete and steel. Singapore has selectively approved new data center projects after lifting a three -year moratorium in 2022 to ensure that new facilities are built in a sustainable way.
Singapore attracts investments from Global Tech Giants. In May 2024, Amazon announced plans to invest S $ 12 billion ($ 9 billion) to scale up its cloud infrastructure in the country in the next four years. The following month, Google completed the expansion of its facilities in the Lion City, which brought its total investment to $ 5 billion.
Airtrunk currently has SGP1, the largest data center in Singapore when it was opened at the end of 2020. Built on a 1.5-hectare site in Loyang, it has a capacity of more than 78 MW and is located in the same area where the new center will be developed.
Founded in 2015 in Australia, where it opened its first facility, Airtrunk has since expanded in the region with activities in Hong Kong, Japan, Malaysia and Singapore. Blackstone and Canada Pension Plan Investment Board Bought Air trunk Last year in a deal that the company appreciates a $ 24 billion ($ 15.6 billion), including debt and investment obligations for current projects.
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