Blackstone's AirTrunk Seeks $3 Billion Loan for Sydney Data Centre
AirTrunk wants to borrow A$4.3bn, roughly $3bn, to build a single data centre in Sydney. The Blackstone-owned operator is in talks with banks to fund SYD3, a hyperscale facility of more than 400 megawatts, according to people familiar with the matter. The scale of the loan is a measure of how large, and how power-hungry, […] This story continues at The Next Web
AirTrunk, a data centre operator owned by Blackstone, is reportedly seeking a loan of approximately A$4.3 billion (around $3 billion) to finance the construction of a new data centre in Sydney. The facility, designated SYD3, is planned to be a hyperscale data centre with a capacity exceeding 400 megawatts. AirTrunk is currently in discussions with various banks to secure the necessary funding. The substantial loan amount reflects the significant scale and power requirements of modern hyperscale data centres. This development underscores the growing demand for data infrastructure in the region. The project highlights the significant capital investment required for large-scale data centre development.
The massive loan sought by AirTrunk for a Sydney data centre highlights the immense scale and investment required for hyperscale infrastructure.
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