Australian data centre operator AirTrunk has completed a massive A$16 billion (US$10.4 billion) sustainability-linked refinancing to support its expansion across the Asia-Pacific region.
The refinancing package includes a S$2.25 billion green loan dedicated to its Singapore data centre, positioning AirTrunk as the largest issuer of sustainable financing in the APAC data centre sector, according to the company’s statement.
AirTrunk said it received strong backing from 60 banks and financiers, underscoring investor confidence in its long-term growth and sustainability strategy. With this latest deal, the company’s total financing across the region, including its operations in Japan, has surpassed A$18 billion.
The refinancing follows AirTrunk’s A$24 billion acquisition by Blackstone and Canada Pension Plan Investment Board (CPPIB) in late 2024, which marked one of the largest data infrastructure deals in the region.
AirTrunk founder and CEO Robin Khuda said the move reflects the company’s ambition to scale up while keeping sustainability at the heart of its strategy.
“Following AirTrunk’s A$24+ billion acquisition by Blackstone and CPPIB in 2024, we have expanded our debt financing platform to enable rapid growth across the region,” Khuda noted.
AirTrunk was among the first data centre firms in the region to adopt sustainability-linked loans (SLLs) back in 2021, tying its financing directly to environmental and social performance targets. The latest refinancing further strengthens its position as a leading hyperscale data centre provider committed to green financing. At current exchange rates, US$1 is equivalent to 1.5389 Australian dollars.