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Independent Singapore
13-05-2025
- Business
- Independent Singapore
BDx secures financing for its hyperscale data centre expansion in Hong Kong
Photo: Facebook/SGTech SINGAPORE: BDx Data Centers has secured financing for its hyperscale data centre expansion in Hong Kong from Clifford Capital, UOB, and SMBC. The funding will go toward the development and operational costs for BDx's new facility in Kwai Chung, one of Hong Kong's most sought-after digital infrastructure zones, the cloud- and carrier-neutral data centre said in a press release on Tuesday (May 13). 'Designed in close collaboration with its anchor hyperscale customer, this facility is built to exacting technical specifications with an emphasis on energy efficiency,' it added. This is BDx's debut in the Hong Kong market and its third project financing deal. The first two were in Singapore and Indonesia. Mayank Srivastava, CEO of BDx, said the successful financing shows the company's unwavering commitment to accelerating digital transformation across Asia. 'Our data centre 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,' he added. Lim Lay Wah, Group Head of Sector Solutions and Global Financial Institutions Group at UOB, said: 'Green data centres are a promising growth area driven by the increasing demand for digital infrastructure and the growing global focus on sustainability. As a proactive bank helping ASEAN businesses achieve their sustainability goals, we look forward to partnering with BDx in their ambitions in ASEAN, Greater China and beyond.' Clifford Capital's Group CEO Murli Maiya added that the deal aligns with Clifford Capital's focus on enabling transformative infrastructure projects that drive digital growth across Asia. Meanwhile, SMBC's Managing Director Luca Tonello added that the deal reflects SMBC's continued commitment to supporting clients' growth and success across key global markets. The new Hong Kong facility will join BDx's current network of data centres and edge sites in Singapore, Indonesia, Hong Kong SAR, and Taiwan. /TISG Read also: OpenAI secures 'largest funding round of all time' led by SoftBank
Reuters
13-05-2025
- Business
- Reuters
BDx secures financing for data centre expansion in Hong Kong
SINGAPORE, May 13 (Reuters) - BDx Data Centers said on Tuesday that it has secured project financing from infrastructure credit firm Clifford Capital, Singapore's United Overseas Bank ( opens new tab and Japan's Sumitomo Mitsui Banking Corporation for the development of its first hyperscale data centre in Hong Kong. The Asia-Pacific data centre operator said in a statement that the loan marks its debut in the Hong Kong market and its third project financing facility, after two other loans in Singapore and Indonesia. Financial details were not disclosed. BDx added that the financing will be used for the development of, and operating expenses for, the hyperscale data centre located in Kwai Chung, Hong Kong. BDx is a portfolio company of U.S.-headquartered infrastructure investor I Square Capital, which manages over $40 billion in assets globally, according to their websites. BDx said in the statement that it continues to grow its portfolio in Asia rapidly with a long-term goal of deploying 1 gigawatt of capacity. BDx's expansion comes at a time when investor appetite for data centres is growing in Asia, driven by demand for artificial intelligence and cloud computing-based services.
