AdaniConneX Sets Up Landmark $1.44 Billion Construction Financing Framework

AdaniConnex said the financing has an initial commitment of USD 875 million, with a feature to extend commitment up to USD 1.44 billion.

AdaniConneX, a 50:50 joint venture between Adani Enterprises and EdgeConneX, has established India's largest sustainability-linked financing to raise up to USD 1.44 billion.

In a press release on Sunday, AdaniConnex said the financing has an initial commitment of USD 875 million, with a feature to extend commitment up to USD 1.44 billion.

The transaction takes AdaniConneX's construction financing pool to USD 1.65 billion, building on the maiden construction facility of USD 213 million executed in June 2023.