Australian data centre giant AirTrunk, now owned by Blackstone, has struck a $2.7 billion green loan to back its development of a major new facility in Singapore, making it the largest ever such loan deal in the island nation.
The Singapore funding follows on the heels of the novel $4.6 billion debt deal – linked to carbon, energy and water usage – that AirTrunk struck two years ago to fund its growth, winning support from more than 40 banks.