Blackstone (BX)-owned data center operator AirTrunk said Tuesday that it has obtained a 191.6 billion Japanese yen ($1.24 billion) green loan to support the refinancing and continued development of its TOK1 hyperscale data center campus in Tokyo.
The loan will refinance existing facilities and fund development capex for the next phases of TOK1, the company said.
These phases will add additional capacity to the campus, which is scalable to over 300MW, AirTrunk said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.