- Bridge Data Centres gains $2.8bn for expansion.
- Finance to boost Asia-Pacific data centre growth.
What happened: Bridge Data Centres’asia-pacific expansion
Bridge Data Centres, a leading hyperscale data centre operator in Asia-Pacific, has secured $2.8 billion in senior secured bank financing. This significant investment will drive the company’s expansion across the region, particularly in Malaysia and Thailand. Notably, this deal ranks among the largest bank facilities ever arranged for a data centre operator in Asia-Pacific.
Eric Fan, president of Bridge Data Centres, stated,”This financing milestone signals strong market confidence in our leadership and vision.” The funds will enhance Bridge DC’s ongoing growth initiatives, complementing Bain Capital’s broader cross-regional data centre platforms in the United States, Europe, and China.
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Why it is important
This funding is crucial as it demonstrates market confidence in Bridge Data Centres’ leadership and vision. The backing of more than 11 lead banks underscores the strength of global financial support. The financing will be used to accelerate the company’s expansion in high-growth markets, supporting the evolving needs of hyperscalers driven by generative AI.
Moreover, this remarkable financing facility demonstrates Bridge DC’s strong business growth trajectory, and Bain Capital is proud to support their efforts as they continue to solidify their leadership in Asia-Pacific’s data centre industry. This development is expected to contribute to the digital transformation of industries, driving innovation and improving operational efficiencies.
