According to Singtel, the proceeds will fund the development and capital expenditure of DC Tuas, which is said to be Singapore’s most hyper-connected green data centre with the highest power density. DC Tuas achieved the Green Mark Platinum certification awarded by the Building and Construction Authority (BCA) and Infocomm Media Development Authority (IMDA).
Singapore Telecommunications’ (Singtel) regional data centre arm, Nxera DCT, has secured a $643 million five-year green loan to finance the development of a new 58MW data centre in Tuas, or DC Tuas.
The loan is being financed by DBS Bank, Oversea-Chinese Banking Corporation (OCBC), Standard Chartered, the Hongkong and Shanghai Banking Corporation (HSBC) and United Overseas Bank (SGX:U11
) (UOB). All the banks have also been appointed as green loan coordinators.
