Singtel’s regional data center arm, Nxera, this week announced a S$643 million five-year green loan to finance the development of the 58MW DC Tuas data center in Singapore. The funds will go toward funding the development and capital expenditure of DC Tuas, which is due to go live in 2026.
As part of the green loan criteria, DC Tuas has achieved the Green Mark Platinum certification awarded by Singapore’s Building and Construction Authority and Infocomm Media Development Authority. Singtel said Nxera is committed to achieving scope 1 and 2 net-zero emissions by 2028.
“DC Tuas will feature a green design and build, as well as next-generation liquid cooling systems, making it ideal for meeting the demand from enterprises for high-intensity compute and AI workloads,” said Arthur Lang, Singtel Group CFO. “Sustainability is a core part of our data center business, and we are committed to developing and growing the industry’s most sustainable, next-generation digital assets. This loan will enable us to support Singapore’s digital economy while reducing our carbon footprint in keeping with our net zero goals.”