BDx raises funds for Hong Kong DC

BDx Data Centers (BDx), a renowned data center operators in the Asia-Pacific, has announced the successful closing of project financing in relation to the development of its first dedicated hyperscale data center in Hong Kong.

The financing will be used for the development of, and operating expenses for, BDx’s latest state-of-the-art hyperscale data center, strategically located in Kwai Chung, one of Hong Kong’s most sought-after digital infrastructure zones. Designed in close collaboration with its anchor hyperscale customer, this facility is built to exacting technical specifications with an emphasis on energy efficiency.

“This successful financing reflects our unwavering commitment to accelerating digital transformation across Asia,” said Mayank Srivastava, CEO, BDx Data Centers. “Our data center in Hong Kong is a flagship facility designed for scale, performance, and sustainability. This also highlights BDx’s capability of consistently solving for customer requirements within challenging timelines.”

While the company is yet to reveal exactly how much it has raised, or even the IT load capacity of the data center it is planning to build in Hong Kong, it said in a press release that this project financing has been secured from Clifford Capital, UOB, and SMBC. The loan marks BDx’s debut in the Hong Kong market, and it is BDx’s third project financing facility, after two other loans in Singapore and Indonesia.

“This transaction aligns with our focus on enabling transformative infrastructure projects that drive digital growth across Asia. BDx’s strong track record and technical capabilities make them an ideal partner for this venture,” said Murli Maiya, Group Chief Executive Officer of Clifford Capital.

“We are pleased to finance BDx’s first dedicated hyperscale data center in Hong Kong. Green data centers are a promising growth area driven by the increasing demand for digital infrastructure and the growing global focus on sustainability,” said Lim Lay Wah, Group Head of Sector Solutions and Global Financial Institutions Group, UOB.

Luca Tonello, Managing Director, Chair, Sector Banking Asia Pacific, said, “This transaction reflects our continued commitment to supporting our clients’ growth and success across key global markets, leveraging on our capabilities in tailoring bespoke financing solutions in the fast-growing digital infrastructure sector.”

The new facility will integrate with BDx’s existing portfolio, which now covers data centers and edge sites across various locations in Singapore, Indonesia, Hong Kong SAR, and Taiwan region. BDx continues to grow its portfolio in Asia rapidly with a long-term goal of deploying 1GW of capacity, underscoring its commitment to supporting the region’s rapidly growing digital economy and the escalating demands of AI-driven applications.

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