EdgeConneX: EdgeConneX secures $1.9 billion sustainable-tied financing
Apr 12, 2024 | Posted by Abdul-Rahman Oladimeji
This week, EdgeConneX announced it had secured an additional $1.9 billion in sustainability-linked financing to support its EMEA expansion. The company mentioned that this financing consolidates it’s portfolio across EMEA, transitioning it from “stand-alone project-based funding to a more robust structured corporate debt package.”
“This latest transaction provides EdgeConneX with enhanced financial flexibility and a greater capacity to support projected growth throughout the EMEA region,” the company said.
“The reception of this transaction reconfirms our status as an industry leading data center developer and operator and reinforces our belief that responsible growth and operational excellence go hand in hand. It showcases our ability to replicate this success on a global scale,” said Joe Harar, CFO, EdgeConneX. “This is a significant milestone in our journey towards leading the industry in sustainable practices, and we are excited about the future possibilities this opens up for EdgeConneX and our stakeholders.”