BDx Secures Funding for the Expansion of its Hyperscale Data Center in Hong Kong
BDx Data Centers, a leading data center operator in the Asia-Pacific region, has successfully closed project financing for the development of its first dedicated hyperscale data center in Hong Kong.
The financing, which was secured from Clifford Capital, UOB, and SMBC, marks BDx's debut in the Hong Kong market and underscores its access to debt financing across geographies. The loan will be used for the development of, and operating expenses for, BDx's latest state-of-the-art hyperscale data center, strategically located in Kwai Chung, one of Hong Kong's most sought-after digital infrastructure zones.
Project Financing and Market Expansion
The project financing is a significant milestone for BDx, as it demonstrates lenders' confidence in the company's ability to deliver across the various markets it operates in. This loan is BDx's third project financing facility, after two other loans in Singapore and Indonesia. The financing will enable BDx to expand its presence in the Asia-Pacific region, with a focus on supporting the region's rapidly growing digital economy and the escalating demands of AI-driven applications.
The company's long-term goal is to deploy 1 GW of capacity, underscoring its commitment to supporting the region's digital transformation. The new facility in Hong Kong is designed to exacting technical specifications, with an emphasis on energy efficiency and sustainability.
The data center is built in close collaboration with its anchor hyperscale customer, ensuring that it meets the customer's specific requirements. The facility will integrate with BDx's existing portfolio, which now covers data centers and edge sites across various locations in Singapore, Indonesia, Hong Kong, and Taiwan. This expansion will enable BDx to provide a comprehensive range of services to its customers, including colocation, connectivity, and cloud services.
Partnership and Collaboration
The project financing is a result of BDx's partnership with leading infrastructure lenders in APAC, including Clifford Capital, UOB, and SMBC. The lenders have expressed their confidence in BDx's ability to deliver high-quality data center services and support the region's digital growth.
"This transaction aligns with our focus on enabling transformative infrastructure projects that drive digital growth across Asia," said Murli Maiya, Group Chief Executive Officer of Clifford Capital. "BDx's strong track record and technical capabilities make them an ideal partner for this venture." The partnership between BDx and its lenders is expected to drive growth and innovation in the data center industry. "We are pleased to finance BDx's first dedicated hyperscale data center in Hong Kong," said Lim Lay Wah, Group Head of Sector Solutions and Global Financial Institutions Group, UOB. "Green data centers are a promising growth area driven by the increasing demand for digital infrastructure and the growing global focus on sustainability." The collaboration between BDx and its lenders will enable the company to deliver high-quality data center services that meet the evolving needs of its customers.
Read More: Google Doubles Down On Malaysia With $236 Million Data Center Deal Awarded To Gamuda
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