AirTrunk dubs itself as a specialist in hyperscale data centres, plans to expand across APAC region
AirTrunk, the data centre provider that offers a platform for cloud, content, and large enterprise customers across the Asia Pacific region, announces that it has received US$332 million (S$450 million) debt financing from three global financial institutions; Deutsche Bank, Goldman Sachs, and Natixis. Additional equity capital was also raised from its founder and CEO, Robin Khuda, and shareholders, Goldman Sachs and TPG Sixth Street Partners (TSSP).
AirTrunk claims it develops and operates data centre campuses with industry-leading reliability, technology innovation, and energy efficiency.
The company said that the funds raised will be used to begin expansion across the Asia Pacific with the development of a 60+ megawatt (MW) hyperscale data centre in Singapore following its flagship Australian operations in Sydney and Melbourne.
“We are immensely proud to be the first Australian operator to build a hyperscale data centre in Singapore. This additional financing provides us with a strong balance sheet to pursue further growth and become the preeminent hyperscale data centre operator in the region,” said Robin Khuda, founder, and CEO of AirTrunk.
With more than 60 megawatts (MW) of IT load, the facility will be the largest neutral data centre in Singapore. It’s located in Loyang, strategically positioned near the Changi North Cable Landing Station, a key sub-sea internet landing station for international interconnection.
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The new project will be overseen by AirTrunk’s chief commercial officer and executive director, Michael Juniper. It is said to have a dedicated high-voltage substation will provide highly reliable and cost-effective power solutions for customers.
“AirTrunk’s inaugural Singapore data centre is set to be operational in mid-2020. We are committed to developing a sustainable digital ecosystem, delivering an industry-low power usage effectiveness (PUE), and BCA Green Mark Platinum certification,” said Juniper.
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