Aug 18, 2025 | Posted by Abdul-Rahman Oladimeji
APAC data center firm AirTrunk this week announced a new S$2.25 billion (US$1.75bn) green loan in Singapore to support the development of a new hyperscale data center, AirTrunk SGP2. AirTrunk said the transaction was Singapore’s largest-ever loan and green loan for a data center.
Crédit Agricole CIB, DBS Bank, and ING Bank were the Global Coordinators and Sustainability Structuring Agents for this financing structure, leading the development and arrangement in partnership with a consortium of 23 other leading local and international financial institutions.
AirTrunk founder and CEO, Robin Khuda, said: “This landmark transaction – Singapore’s largest loan and green loan for a data center – strengthens AirTrunk’s leadership in sustainable finance and reflects strong market confidence in AirTrunk’s growth and sustainability strategy.”
Amit Sinha, DBS Bank group head of telecommunications, media and technology, Western MNCs, and digital economy, said: “This landmark green loan represents the largest financing for a new data center facility in Singapore to date, underscoring the scale and significance of the project. It comes at a pivotal time as demand for computing power continues to surge across the region.”
