Singtel Secures SGD 643 Million Green Loan for 58 MW Data Centre

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Singtel Secures SGD 643 Million Green Loan for 58 MW Data Centre
Singtel’s regional data centre arm, Nxera DCT, has secured a SGD 643 million, five-year green loan to finance the development of a new 58 MW data centre in Singapore, DC Tuas. DBS, OCBC, Standard Chartered, HSBC and UOB are financing the loan and have been appointed as green loan coordinators. The loan proceeds will go toward funding the development and capital expenditure of DC Tuas, which the operator claims will be “Singapore’s most hyper-connected green data centre with the highest power density”.

Also Read: Singtel Launches 5G+ Using 700 MHz…



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Singtel Secures SGD 643 Million Green Loan for 58 MW Data Centre


Singtel Secures SGD 643 Million Green Loan for 58 MW Data Centre
Singtel’s regional data centre arm, Nxera DCT, has secured a SGD 643 million, five-year green loan to finance the development of a new 58 MW data centre in Singapore, DC Tuas. DBS, OCBC, Standard Chartered, HSBC and UOB are financing the loan and have been appointed as green loan coordinators. The loan proceeds will go toward funding the development and capital expenditure of DC Tuas, which the operator claims will be “Singapore’s most hyper-connected green data centre with the highest power density”.

Also Read: Singtel Launches 5G+ Using 700 MHz…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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