AdaniConnex, a data center solutions provider created as a joint venture between Adani Enterprises and EdgeConnex, has secured sustainability-linked financing worth $1.44 billion to finance its renewable-powered data centers and drive digital infrastructure growth in India.
The new data center facilities will employ advanced technologies and renewable energy solutions to reduce their environmental impact while maximising operational efficiency. The loan includes an accordion element that allows for an extension of the $875 million initial commitment to $1.44 billion. With this, AdaniConnex’s construction financing pool now totals $1.65 billion, alongside the initial construction facility of $213 million obtained in June 2023.