STT GDC secures USD 1.37 billion green financing for Johor campus

Artist impression of STT Johor 1, part of the STT Johor data centre campus. Image credit: STT GDC
August 13, 2026 at 2:00 PM GMT+8

Data center platform ST Telemedia Global Data Centres (STT GDC) today announced that it has secured a green financing facility of up to US$ 1.37 billion (MYR 5.6 billion) to support the development of STT Johor, its flagship Malaysia data centre campus in Johor.

The financing package includes a Green Loan Facility for Phase 1 of the campus and is supported by a consortium of financial institutions comprising United Overseas Bank (Malaysia) Bhd as Sole Coordinator and Mandated Lead Arranger, alongside OCBC Bank (Malaysia) Berhad, Standard Chartered Bank Malaysia Berhad and CIMB Bank Berhad as Mandated Lead Arrangers.

The Green Loan Facility forms part of STT GDC’s broader approach to embedding sustainability across the full lifecycle of its business, according to its press release.

In its latest ESG Report, STT GDC reported that renewable energy accounted for 83.2 per cent of its electricity consumption in 2025, while carbon intensity was reduced by 70.5 per cent against its 2021 baseline, surpassing its 2028 target three years early. The company also achieved an average PUE of 1.44, representing a 13 per cent improvement from its 2020 baseline, and a 41.2 per cent improvement in WUE over the same period.

Located at Nusa Cemerlang Industrial Park, Iskandar Puteri, Johor, STT Johor is STT GDC’s flagship Malaysia data centre campus, with a planned development capacity of up to 166MW of IT load. The campus supports scalable and resilient digital infrastructure for cloud, AI, high-performance computing and next-generation digital workloads.

With financing now secured, STT GDC is positioned to progress the next phases of campus development in close coordination with relevant stakeholders, including government agencies, utilities and ecosystem partners.

“This financing is an important milestone in STT GDC’s continued investment in Malaysia and reflects strong confidence from our banking partners in STT Johor and the long-term fundamentals of the digital infrastructure sector. The Green Loan Facility reinforces our approach to integrating sustainability into the way we finance, design, build and operate our data centres,” said Nelson Lim, Group Chief Financial Officer, ST Telemedia Global Data Centres.

“STT Johor is a flagship investment that reflects our long-term commitment to Malaysia and our confidence in Johor’s role as a strategic digital infrastructure hub,” said Darryll Sinnappa, Country Head, Malaysia, ST Telemedia Global Data Centres.

STT GDC operates across Singapore, the UK, Germany, India, Italy, Thailand, South Korea, Indonesia, Japan, the Philippines, Malaysia and Vietnam.