Equinix Raises SGD $500m in Green Bonds

Equinix has issued SGD $500 million (US$375m) in green bonds to help fund efficiency improvements at its data centers in Singapore. The company claims to be the first US company to access the Singapore dollar market in more than five years, and will utilize the proceeds from the bond issue to “advance its longstanding commitment to sustainability, and to further the operational efficiency of its portfolio.”

“As AI adoption accelerates, advancing energy efficiency and integrating the latest sustainability innovations at our data centers becomes increasingly critical. The issuance of our inaugural green bonds in Singapore underscores our commitment to designing and building energy-efficient infrastructure, and reducing our carbon footprint,” said Yee May Leong, managing director for Singapore, Equinix.

“Equinix has always been a strong proponent of Singapore’s National AI Strategy and Green Plan 2030, and this milestone reinforces our dedication to advancing the nation’s AI vision responsibly and sustainably through our vibrant AI marketplace.”