OData Secures $1.02bn in Green Financing

Latin American data center firm OData this week announced $1.02bn in green financing. The proceeds will be used for data center projects that “meet the highest standards of sustainability” across Brazil, Mexico, Chile, and Colombia. The company said the financing was the largest of its kind for data centers in Latin America, and takes OData’s total financing to date to $2.25bn.

The funding was provided by a syndicate of financial partners, including Apterra, BNP Paribas, Crédit Agricole CIB, Deutsche Bank, MUFG Bank, Ltd., Natixis Corporate and Investment Banking, Nomura, Societe Generale, and SMBC.

“This historic achievement, representing the largest issuance of sustainable data center financing in Latin America, has allowed OData to build a solid financial structure. With these high-quality resources, we're incredibly well-positioned to empower our customers in their digital infrastructure expansion across the region,” says Rafael Bomeny, CFO of OData. “This green financing also reinforces our mission to contribute to Latin America's sustainable development by leading the way in adopting innovative technologies that drive a more efficient future for our customers and communities.”