AdaniConneX seeks $1.5 billion offshore loan for data centre expansion
- • Adani Group’s AdaniConneX is seeking about $1.5 billion in an offshore loan for data centre expansion.
- The joint venture with EdgeConneX is in talks with DBS, First Abu Dhabi Bank and MUFG, among other lenders.
- The loan could run five to seven years, with pricing under discussion and terms not yet final.
- Adani plans to invest about $100 billion in data centres and digital infrastructure by 2035.
Source: economictimes.indiatimes.com
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android
