AdaniConnex Private Ltd., an Adani Group joint venture with EdgeConneX, intends to raise a USD 400 million loan to fund its projects this year. Earlier in June, AdaniConnex raised a USD 213 million loan to build two data centers with a total capacity of 67 MW. The group plans to spend USD 1.5 billion in the next three years.

The company is planning to develop nine data centers with an expected total IT capacity of 1 GW by 2030. The joint venture has already constructed a data center facility in Chennai and is already fully operational.

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AdaniConneX is a leading player in India's data center market, aiming to provide reliable, secure, and sustainable data center solutions to support the country's growing digital economy.

About AdaniConnex 

AdaniConneX is a joint venture between India's largest private infrastructure and energy provider, the Adani Group, and EdgeConneX, a leading global data center operator. Established in 2020, their goal is to develop a 1 GW national data center platform to empower the emerging digital India.

AdaniConneX offers a full range of data center solutions, from hyper-scale campuses to hyperlocal edge facilities. They leverage EdgeConneX's global expertise in designing and operating data centers with 99.999% availability, while also using Adani Group's strength in full-stack renewable power management. AdaniConneX has several exciting upcoming projects that position them as a major player in India's growing data center market. Some of the projects include:

Integrated Data Center and Technology Business Park in Andhra Pradesh

This is an ambitious data center facility project in Visakhapatnam that will host a 300 MW IT capacity, making it one of the largest hyper-scale centers in India. It aims to attract tech companies and accelerate regional growth by using up to 100% renewable energy and boasting strong connectivity.

Chennai and Noida Data Center Expansion

This is the project that secured a USD 213 million construction financing deal. The "Chennai 1" campus will have a 17 MW pre-certified IGBC Platinum-rated data center, catering to enterprise needs.

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