Digital Edge has closed its first $575m HoldCo financing as the data centre firm expands its footprint across South Korea, Japan, India and Southeast Asia; the deal, which swiftly follows a $880m green loan in Thailand, has a feature to convert into a SLL.
DBS and UOB are providing a $411m loan for a joint project from Singapore data centre developer DayOne and the Indonesia Investment Authority; the aim is to supply 5% of Indonesia’s projected data centre capacity by 2029.
Despite a breakthrough in AI since the end of last year, many corporates will not have the capacity to integrate and benefit from this new technology, research by Equinix has found.
Jun 19, 2023
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The two Singapore-born fintechs will address the opportunity to decarbonise the local data centre industry, currently responsible for around 7% of the city-state’s greenhouse gas emissions.