AdaniConneX Secures $213 Million Financing Facility For Data Centres
NDTV
India is among the fastest-growing data centre markets in the world, and as per CRISIL estimates, the data centre capacity in India is expected to double from about 870 MW in FY22 to 1700-1800 MW by FY25.
AdaniConneX, a joint venture between Adani Enterprises and EdgeConneX (ECX), has secured a USD 213 million debt facility for its under-construction data centre asset portfolio.
The facility will finance two data centres with an aggregate capacity of 67 MW that includes ‘Chennai 1' campus with Phase-1 of 17 MW, and Noida campus of 50 MW.
"AdaniConneX achieved financial closure through its maiden construction facility by entering into Financing Framework, raising USD 213 million for its under-construction data centre asset portfolio," a statement said.
India is among the fastest-growing data centre markets in the world, and as per CRISIL estimates, the data centre capacity in India is expected to double from about 870 MW in FY22 to 1700-1800 MW by FY25.
