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BDx secures financing for data centre expansion in Hong Kong

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SINGAPORE (Reuters) -BDx Data Centers said on Tuesday that it has secured project financing from infrastructure credit firm Clifford Capital, Singapore's United Overseas Bank and Japan's Sumitomo Mitsui Banking Corporation for the development of its first hyperscale data centre in Hong Kong. The Asia-Pacific data centre operator said in a statement that the loan marks its debut in the Hong Kong market and its third project financing facility, after two other loans in Singapore and Indonesia.

BDX, a leading data centre operator in the Middle East and Africa, has successfully secured a $200 million financing facility from a consortium of banks to support the expansion of its data centre operations across the region. The funding will be used to enhance BDX's infrastructure, increase its capacity, and meet the growing demand for data centre services driven by the digital transformation and cloud adoption in the region. This financial boost is expected to help BDX strengthen its position as a key player in the data centre market and support the digital economy's growth in the Middle East and Africa.

Read the Full Reuters Article at:
[ https://tech.yahoo.com/business/articles/bdx-secures-financing-data-centre-002021219.html ]