(Reuters) -Australian data centre operator AirTrunk on Tuesday said it secured an A$16 billion ($10.40 billion) sustainability-linked refinancing for its Asia-Pacific operations.
This refinancing, including a S$2.25 billion green loan for a data centre in Singapore, makes AirTrunk the largest issuer of sustainable financing in the APAC region, it said in a statement on its website.
AirTrunk secured the backing of 60 banks and financiers, the hyperscale data centre firm said, bringing its total financing, including operations in Japan, to over A$18 billion.
The company, which was acquired by a Blackstone-led group for A$24 billion late last year, introduced a sustainability-linked loan (SLL) in 2021 that ties a company’s financing to its sustainability goals.
“Following AirTrunk’s A$24+ billion acquisition by Blackstone and CPPIB in 2024, we have expanded our debt financing platform to enable our rapid growth across the region,” said Robin Khuda, AirTrunk founder and CEO.
($1 = 1.5389 Australian dollars)
(Reporting by John Biju in Bengaluru; Editing by Vijay Kishore)
