AirTrunk Secures $4.25B Loan for Western Sydney Data Centre Development
A consortium of 32 lenders backed the financing as AirTrunk expands capacity for cloud computing and artificial intelligence while targeting net-zero emissions by 2030.
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AirTrunk secures $4.25B loan for Western Sydney data centre development
Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Data centre platform AirTrunk has secured a $4.25 billion loan to develop its Western Sydney campus, with Mallesons and Gilbert + Tobin advising on the deal. Subscribe to Lawyerly to access this article. Already a subscriber? Username or Email Address Password Remember Me Los…
AirTrunk Secures $3 Billion Green Loan for Sydney Data Center
AirTrunk secured a A$4.25 billion ($3 billion) green loan to finance the development of a Sydney data center campus, a signal of confidence in a sector that’s taken a slew of hits in recent weeks.
AirTrunk locks in $4.25B green loan for SYD3 campus
AirTrunk has secured a $4.25 billion green loan to continue developing its SYD3 campus in Sydney. The funds will go towards infrastructure for cloud, AI, and other digital services, with more than 10,000 jobs estimated to be supported in construction, trades, engineering, logistics and safety. In a statement, the hyperscale data centre specialist said the facility is structured as a green loan with margin adjustments. Additionally, any contribut…
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