The Sandy Ridge Data Facility Cluster aims to add a significant amount of digital and computing power infrastructure to the Special Administrative Region.
The sustainability linked financing covers greenfield and operational assets across Australia, Hong Kong, Malaysia and Singapore, and involved a consortium of 60 banks. The financing comes after Blackstone and CPPIB's acquisition of the group last year.
The record green loan for the data centre, to be built in Singapore, has been supported by a consortium of banks. Crédit Agricole CIB, DBS and ING were the global coordinators and sustainability structuring agents; the loan has an option to convert into a SLL.
Niall Hannigan, previously at Abu Dhabi clean energy firm Masdar, is joining PDG as it readies a campus in Johor to cater for the region's fast growing AI and cloud companies.
The cloud services company has moved its regional headquarters to a new office location, hired two Apac-based executives and launched a regional data centre.
May 29, 2023
Sign up for CorporateTreasurer’s Newsletter
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
The new joint venture aims to promote the adoption of digital infrastructure among Indonesian businesses as the government pushes digital transformation.