Latest news with #sustainableInfrastructure
Yahoo
10-07-2025
- Business
- Yahoo
Digital Edge Secures Financing to Complete Major Data Center Campus
SEOUL, South Korea, July 10, 2025 /PRNewswire/ -- Digital Edge (Singapore) Holdings Pte. Ltd. ("Digital Edge"), one of Asia's fastest-growing data center platforms backed by global infrastructure investor Stonepeak, today announced the successful close of a KRW 800 billion Green Loan to fund the development of SEL3, the second phase of its flagship 96-megawatt (MW) campus in the Seoul metropolitan area. This marks a major milestone in developing one of South Korea's largest commercial data center developments, first launched in 2022. The Green Loan was significantly oversubscribed, attracting strong support from a diverse group of Korean and international financial institutions. This is Digital Edge's second Green Loan in Korea, reinforcing the company's commitment to sustainable infrastructure development in the region. "We are pleased with the strong support from our lending partners across the region for this project," said Jonathan Walbridge, Digital Edge's Chief Financial Officer. "This financing demonstrates continued confidence in our platform and affirms our long-term commitment to building digital infrastructure responsibly and sustainably." Located in Bupyeong-gu, Incheon and adjacent to the company's SEL2, SEL3 will add 60MW of capacity and complete the full 96MW campus. Designed for high-density, scalable deployments, the campus caters to the growing needs of hyperscale and enterprise customers in Korea. Construction on SEL3 began in May 2025, with Ready-for-Service (RFS) targeted by Q4 2027. The project extends Digital Edge's strategic partnership with SK ecoplant, a leading local developer which also successfully delivered the SEL2 facility. SEL2, which reached Ready-for-Service in August 2024, is Digital Edge's first purpose-built hyperscale and AI facility in Korea. It has already secured strong leasing momentum from major cloud and digital platform customers, validating the company's strategic investment in the market. Andrew Pak, Country Manager for Digital Edge in South Korea, commented, "As one of the largest commercial DC campuses in South Korea, SEL3 reinforces Digital Edge's commitment to this country. We are delighted to work again with our partners at SK ecoplant to develop this highly energy efficient facility that helps realise the potential of cloud and AI in South Korea." The expansion reflects Digital Edge's broader strategy to power Asia-Pacific's digital transformation through infrastructure that enables sustainable growth across the region's most dynamic markets. About Digital Edge Headquartered in Singapore, Digital Edge is a trusted and forward-looking data center platform company, established to transform digital infrastructure in Asia. Through building and operating state-of-the-art, energy-efficient data centers rich with connectivity options, Digital Edge aims to bring new colocation and interconnect options to the Asian market, making infrastructure deployment in the region easy, efficient and economical. Backed by leading alternative investment firm Stonepeak, Digital Edge has established itself as a market-leading pan-Asia data center platform. The company provides data center and fiber services across nine countries in Asia Pacific, with more than 1.1GW of secured IT power. You can visit the company's website at View original content to download multimedia: SOURCE Digital Edge Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Entrepreneur
30-06-2025
- Business
- Entrepreneur
'Original Shark' Kevin Harrington Showcases Ten Female Entrepreneurs to Watch
Focused on building sustainable infrastructure and informed decision-making, the company aims to meet companies where they are and support them through transitions, growth, or exits. You're reading Entrepreneur United Kingdom, an international franchise of Entrepreneur Media. Kevin Harrington has a long track record of supporting women in business. Here are some female founders Kevin has hand-picked for Entrepreneur UK readers to get to know. Paula Schwarz Impossible Roots is revolutionizing the landscape of refugee and mass migration support with its innovative AI-powered platform and Cosmopolis App. By addressing the systemic barriers that leave billions of human potential untapped, our AI platform provides radical access to markets, tools, and dignity for refugees, climate migrants, and tech-displaced individuals. At the same time, Cosmopolis, founded by visionary Paula Schwarz, continues to thrive as a human-centered network, helping individuals connect with others who can support or uplift them, with thousands of people already onboarded on it. With a mission to transform constrained human capital into thriving potential, through sustainable economic participation, Impossible Roots is unlocking a $1.5T addressable market. Leveraging cutting-edge technology and strategic partnerships, it bridges the gap between humanitarian needs and market-driven solutions, creating scalable impact and long-term growth for communities worldwide. Paula, also a partner at Allocator One, brings a unique combination of impact-driven strategy, international trade, and technology to accelerate social innovation. Her mission is to make global collaboration more meaningful, helping people meet others they otherwise never would. For that reason, she is activating a growing network of supporters, technologists, and investors to reimagine migration as an opportunity for shared prosperity. Courtney Wright Courtney Wright is a seasoned entrepreneur. She's the owner/CEO of the companies Gemini Builds It and Showcase Acrylics, as well as LadyBoss CEO, a platform empowering women through mentorship, mindset, and style. With a career rooted in the belief that how one shows up matters just as much as what one does, Courtney blends business acumen with personal presentation to inspire confidence and drive results. Raised in a fashion-forward household, she developed an early appreciation for how appearance can shape confidence and first impressions. Her book, Lady Boss Blueprint, and accompanying podcast series, Lady Boss Podcast, offer practical strategies and personal insights to help women elevate both their personal brands and professional impact. Through her work, Courtney aims to democratize access to mentorship and empower aspiring entrepreneurs with tools for success. With a deep belief in the ripple effect of entrepreneurship, Courtney is committed to uplifting others, whether through building a successful manufacturing company or empowering women to own their voice and vision. For her, confidence is the foundation of success, and she's on a mission to help others build it. Heather Hall Sapphire CFO Solutions, founded by experienced fractional CFO and executive leader Heather Hall, offers strategic financial support to high-growth businesses through a mix of advisory services and proprietary SaaS-based tools. With a background spanning over three decades across financial services, fintech, and tech-enabled sectors, Heather brings a cross-functional perspective to finance, operations, and HR. Sapphire's suite of customizable SaaS financial models is designed to help businesses simplify complex planning and better understand key performance metrics, cash flow, and strategic priorities. The firm partners closely with founders, CEOs, and boards, particularly in startup and scaling environments, providing tailored financial planning, governance, and risk mitigation support. Focused on building sustainable infrastructure and informed decision-making, the company aims to meet companies where they are and support them through transitions, growth, or exits. With a passion for early-stage innovation and a flexible, values-driven approach, Sapphire CFO Solutions seeks to deliver practical tools that align finance with long-term vision. Heather Stewart Heather Stewart is a real-life coach and wellness expert with over two decades of experience helping clients reconnect with their purpose, health, and emotional well-being. With a background as a yoga instructor, massage therapist, meditation facilitator, and personal trainer, along with 15 years in corporate finance as a chartered accountant, Heather brings a rare blend of structure and soul to her work. Her coaching approach is rooted in the belief that apathy, not just stress, is a major barrier to fulfillment. Through her The Thriving Life Method, Heather offers structured, tiered programs designed to meet people where they are, whether just starting out or ready for deep transformation, offering personalized transformation at scale. Her philosophy challenges the cultural tendency to 'settle,' encouraging clients to dream again and take meaningful action. Free from social media noise, her platform offers a grounded, private space for clarity, growth, and realignment in an increasingly distracted world. Elaine Clark Elaine A. Clark is a pioneering entrepreneur, communication coach, author, and creator with over 40 years of experience in voice-overs, acting, directing, and audio production. Best known for founding Voice One, one of the first structured voice-over training schools in the U.S., Elaine has guided professionals from newscasters to executives in refining how they speak, connect, and lead. The foundation of her approach is based on her M.I.N.E.® method that emphasizes the importance of Motivation, Intentions, Need-driven focus, and Emotional resonance in communication. Elaine is the author of There's Money Where Your Mouth Is, Voice-Overs for Podcasting, and Speak to Achieve; the creator of two voice and speech improvement apps; and host of her podcast series, Real Talking Tips. She's passionate about helping others find their authentic voice, both literally and professionally, while encouraging balance between work and life. A mother of three and a lifelong learner, Elaine blends tradition with innovation and continues to empower others through tools that evolve with today's communication landscape. Amy Cripps Amy Cripps, MD, is a medical oncologist and founder of Innovation in Oncology. With years of experience in cancer care, Dr. Cripps focuses on the evolving role of molecular medicine in oncology. She established Amy Cripps, MD, Oncology Consulting, LLC, to help expand access to programs designed to support oncology practices and clinicians. Throughout her career, Dr. Cripps has worked closely with patients and healthcare providers, emphasizing practical solutions to enhance cancer treatment and care delivery. She has also shared her expertise through speaking engagements at various local and national forums. Her work centers on improving resources available to oncology professionals and fostering collaboration across the field. Dr. Cripps continues to contribute to advancing oncology care by bridging clinical insights with program development. Diane Dumont Work Well Together (WWT) is redefining workplace wellness by placing emotional intelligence at the core of team dynamics. Co-founded by HR trailblazer Diane Dumont and clinical psychologist Robert Zuili, WWT uses a science-backed, 18-question emotional profiling tool to uncover how individuals interact, communicate, and collaborate. In just 15 minutes, it identifies potential conflicts, suggests ideal partnerships, and promotes meaningful interpersonal understanding, helping teams thrive while improving retention and efficiency. Rooted in over 25 years of clinical application, WWT's platform delivers immediate, actionable insights through intuitive, jargon-free reporting. From recruitment to conflict resolution, it empowers businesses to move beyond generic personality tests and truly understand what drives their people. With unlimited access via subscription and no need for external consultants, WWT provides a cost-effective, human-first solution to today's workplace challenges: emotional misalignment. By making workplace mental wellness measurable, scalable, and actionable, WWT is building stronger, more connected organizations. Charlene Bennett The Individual Advocacy Group (IAG) is a CARF-accredited nonprofit committed to empowering people with disabilities to live full, self-directed lives in the communities of their choice. Since 1995, IAG has provided person-centered, outcome-focused services to individuals with intellectual, developmental, behavioral, and neurological challenges. IAG was founded by Dr. Charlene Bennett and Dr. David Brooks and has been led by CEO Dr. Charlene Bennett. IAG prides itself on championing dignity, independence, and inclusion. From customized residential programs and job placement assistance to life skills training and behavioral health support, IAG's holistic approach centers on each individual's unique goals and potential. The organization also engages in impactful advocacy, such as its successful lawsuit challenging discriminatory housing ordinances. Through community integration, peer mentorship, and partnerships with universities and local employers, IAG is reshaping perceptions, empowering individuals not only to receive support but also to give back. With services spanning 21 Illinois counties and Washington, D.C., IAG leads with compassion, justice, and deep community commitment. Danica Mason Red Team Go (RTG) is a woman-owned consultancy transforming how equity is integrated into architecture, engineering, and construction (A/E/C) projects. Led by Danica Mason, RTG specializes in inclusive delivery, bridging the gap between large contractors and small, certified businesses owned by women, minorities, veterans, and other underrepresented groups. Right from proposal to diversity/inclusion management, to branding & business support, RTG offers a holistic approach to its clientele. The firm has helped public agencies and private firms not just meet, but far exceed, diversity targets on complex infrastructure projects. RTG's hands-on approach includes breaking down work packages, supporting compliance, and preparing small businesses to thrive. Beyond compliance, RTG is focused on creating generational change and building capacity where it matters most. Cherie Kabba The Soultown Magazine is a grassroots, independent publication dedicated to uplifting Black and Brown communities through powerful storytelling. Launched in January 2017 by founder Cherie 'Chillin' Kabba, the magazine was born from her life-changing visit to Senegal's historic House of Slaves, igniting a mission to spotlight underrepresented voices. Recently celebrating its 100th issue in April 2025, The Soultown has grown into a national movement with readers in 18 states and contributors worldwide. Each issue features stories of everyday heroes, cultural icons, and community changemakers, offering authentic perspectives on topics such as history, music, travel, and social impact. What sets The Soultown truly apart is its grassroots approach: finding stories by walking the neighborhoods it serves. With over 30 writers and a vision to make the magazine widely accessible, The Soultown remains a vibrant platform for cultural pride, representation, and empowerment. More than a magazine, it serves as a "Town of Soul."
Yahoo
27-06-2025
- Business
- Yahoo
HASI Announces Early Results and Upsizing of Cash Tender Offer for 3.375% Senior Notes Due 2026 and 8.00% Green Senior Unsecured Notes Due 2027
ANNAPOLIS, Md., June 27, 2025--(BUSINESS WIRE)--HA Sustainable Infrastructure Capital, Inc. ("HASI") (NYSE: HASI), a leading investor in sustainable infrastructure assets, today announced the early results of the previously announced tender offer (the "Tender Offer") by its indirect subsidiaries, HAT Holdings I LLC, a Maryland limited liability company ("HAT I") and HAT Holdings II LLC, a Maryland limited liability company ("HAT II," and together with HAT I, the "Company"), to purchase the outstanding notes listed in the table below (collectively, the "Notes" and each a "Series" of Notes). Additionally, the Company announced the increase of the Maximum Aggregate Principal Amount from $500,000,000 to an amount sufficient to accept up to $700,000,000 aggregate principal amount of the Notes (the "Maximum Aggregate Principal Amount"). The Company has also increased the series cap on the 3.375% Senior Notes due 2026 from $250,000,000 to $400,000,000 (as amended, the "Series Cap"). Except as described in this press release, all other terms and conditions of the Tender Offer remain unchanged and are described in the Offer to Purchase dated June 12, 2025 (the "Offer to Purchase"). The Financing Condition for the Tender Offer as described in the Offer to Purchase has been satisfied. Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase. According to the information provided by D.F. King & Co., Inc., $920,279,000 in aggregate principal amount of the Notes were validly tendered and not validly withdrawn as of the Early Tender Deadline. In addition, the aggregate principal amount of each Series of Notes that were validly tendered and not validly withdrawn as of the Early Tender Deadline is set forth in the table below. Title of Security CUSIP / ISIN Aggregate Principal Amount Outstanding Prior to the Tender Offer Series Cap Acceptance Priority Level Principal Amount Tendered as of Early Tender Deadline(1) Principal Amount Expected to be Accepted as of Early Tender Time Proration Factor(2) 3.375% Senior Notes due 2026 418751 AE3/ U2467R AE9 $1,000,000,000 $400,000,000 1 $509,215,000 $400,000,000 78.58% 8.00% Green Senior Unsecured Notes due 2027 418751 AL7/ U2467R AF6 $750,000,000 N/A 2 $411,064,000 $300,000,000 73.01% (1) As reported by D.F. King & Co., Inc., the tender and information agent for the Tender Offer. (2) The final proration factor has been rounded to the nearest tenth of a percentage point for presentation purposes. Because the total aggregate principal amount of the Notes validly tendered prior to the Early Tender Deadline exceeds $700,000,000 of Notes to be accepted, the Company does not expect to accept any further tenders of Notes following the Early Tender Deadline. The Company will accept for purchase up to the Maximum Aggregate Principal Amount of Notes validly tendered and not validly withdrawn as shown in the table above and in accordance with the acceptance priority levels specified in the table above and on the cover page of the Offer to Purchase. Holders of Notes validly tendered and not validly withdrawn on or before the Early Tender Deadline and accepted for purchase will be eligible to receive the applicable Total Tender Offer Consideration (as defined in the Offer to Purchase), which includes an Early Tender Premium (as defined in the Offer to Purchase) of $30 per $1,000 principal amount of Notes. The applicable Total Tender Offer Consideration will be determined by reference to a fixed spread specified for such Series of Notes over the yield based on the bid-side price of the applicable U.S. Treasury Security, as described in the Offer to Purchase. The Total Tender Offer Consideration will be calculated by the Dealer Managers (identified below) for the Tender Offer at 9:00 a.m., New York City time, on June 27, 2025. All payments for Notes purchased in connection with the Early Tender Deadline will also include accrued and unpaid interest on the principal amount of Notes tendered and accepted for purchase from the last interest payment date applicable to the relevant Series of Notes up to, but not including, the early settlement date, which is currently expected to be June 30, 2025 (the "Early Settlement Date"). In accordance with the terms of the Tender Offer, the withdrawal deadline was 5:00 p.m., New York City time, on June 26, 2025. As a result, tendered Notes may no longer be withdrawn, except in certain limited circumstances where additional withdrawal rights are required by law (as determined by the Company). Notes that have been validly tendered and not validly withdrawn at or before the Early Tender Deadline and are accepted in the Tender Offer will be purchased, retired and cancelled by the Company on the Early Settlement Date. J.P. Morgan Securities LLC and Citigroup Global Markets Inc. are the Dealer Managers for the Tender Offer. D.F. King & Co., Inc. is the Tender Agent and Information Agent. Persons with questions regarding the Tender Offer should contact J.P. Morgan Securities LLC at +1 (866) 834-4666 (toll free) or +1 (212) 834-3554 (collect) or Citigroup Global Markets Inc. (toll-free) at +1 (800) 558-3745 or +1 (212) 723-6106 (collect). Questions regarding the tendering of Notes and requests for copies of the Offer to Purchase and related materials should be directed to D.F. King & Co., Inc. at (212) 269-5550 (for banks and brokers) or (866) 416-0577 (all others, toll-free) or email HASI@ This news release is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The Tender Offer is made only by the Offer to Purchase and the information in this news release is qualified by reference to the Offer to Purchase dated June 12, 2025. There is no separate letter of transmittal in connection with the Offer to Purchase. None of the Company, HASI, the HASI Board of Directors, the Dealer Managers, the Tender Agent and Information Agent or the trustee with respect to any Notes is making any recommendation as to whether holders should tender any Notes in response to the Tender Offer, and neither the Company nor any such other person has authorized any person to make any such recommendation. Holders must make their own decision as to whether to tender any of their Notes, and, if so, the principal amount of Notes to tender. About HASI HASI is an investor in sustainable infrastructure assets advancing the energy transition. With more than $14 billion in managed assets, HASI's investments are diversified across multiple asset classes, including utility-scale solar, onshore wind, and storage; distributed solar and storage; RNG; and energy efficiency. HASI combines deep expertise in energy markets and financial structuring with long-standing programmatic client partnerships to deliver superior risk-adjusted returns and measurable environmental benefits. Forward-Looking Statements: This release may contain "forward-looking statements," which include information concerning the expected timing for completion of the Tender Offer and the expected settlement date thereof, other terms of the Tender Offer, and other information that is not historical information. When used in this release, the words "outlook," "forecast," "estimates," "expects," "anticipates," "projects," "plans," "intends," "believes," "will" and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the Company will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the results expressed or implied by the forward-looking statements contained in this release. Numerous other factors, many of which are beyond HASI's control, could cause actual results to differ materially from those expressed as forward-looking statements. Other risk factors include those that are discussed in HASI's filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and HASI undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. View source version on Contacts Investors: Aaron Chewinvestors@ 240-343-7526 Media: Kenny Gaylesmedia@ 443-321-5756
Reuters
25-06-2025
- Business
- Reuters
Singapore's Keppel forges $1.5 billion partnership with Asian Infrastructure Investment Bank
June 25 (Reuters) - Singapore's Keppel ( opens new tab is partnering with the Asian Infrastructure Investment Bank for $1.5 billion of sustainable infrastructure investments and financing opportunities in the Asia Pacific region, it said on Wednesday. The asset manager and operator said the partnership will enable it to focus on developing infrastructure projects in sectors including power transmission and distribution and renewable energy, amongst other sustainability-linked infrastructure. Keppel said it intends to cover projects across developing economies in the Asia Pacific region alongside the Asia-focused lender. The partnership comes as the region is poised to see an uptick in demand for infrastructure as companies look to build energy-intensive data centers in the region. 'Despite increasing investments in green infrastructure and connectivity, a significant infrastructure gap persists across Asia Pacific, driven by the urgent demands of a growing and rapidly urbanising population", said Christina Tan, Keppel's chief executive officer.
Associated Press
16-06-2025
- Business
- Associated Press
Polar Supports Crusoe's AI Growth With New High-Performance Data Center
Strategic partnership reinforces Polar's commitment to sustainable infrastructure and advanced digital capacity 'This collaboration with Crusoe reflects what Polar does best, delivering world-class sustainable infrastructure'— Andy Hayes, CEO LONDON, UNITED KINGDOM, June 16, 2025 / / -- Polar, a leader in high-density, sustainable data center infrastructure, today announced the latest milestone in its ambitious European expansion plans: a strategic partnership with Crusoe to deliver next-generation AI infrastructure at a new 12MW facility (DRA01) in Norway. The state-of-the-art facility, powered entirely by hydroelectric energy represents a new standard in performance and minimizing environmental impact. DRA01 will host Crusoe's scalable platform for advanced AI workloads, serving customers across Europe and beyond. The partnership marks a significant step forward in Polar's mission to build a new generation of sustainable data centers. With development efforts already underway in several key European markets, Polar is rapidly growing its footprint to meet surging demand from AI and high-performance computing. 'This collaboration with Crusoe reflects what Polar does best, delivering world-class sustainable infrastructure,' said Andy Hayes, CEO of Polar. 'We are proud to power Crusoe's expansion in Europe and look forward to supporting their continual growth with efficient, resilient and renewable-powered data centers.' Polar's Norwegian facility is optimized for GPU workloads, offering high-density rack configurations, robust energy efficiency and cutting-edge cooling technology. The 12MW deployment will be ready for service later this year and has the option to scale up to 52MW. 'Partnering with Polar brings Crusoe Cloud's cutting-edge AI infrastructure directly to abundant, clean hydroelectric power. This allows our European customers to run their AI workloads with unparalleled performance without sacrificing their commitments to environmental responsibility,' said Chris Dolan, chief data center officer, Crusoe. Engineered specifically for next-generation AI applications, the Polar facility features advanced liquid cooling systems and high-density rack configurations supporting up to 115kW per rack. These cutting-edge capabilities will enable Crusoe to deploy and scale its cloud platform efficiently in an environmentally responsible way. About Polar Polar develops and operates sustainable, high-performance data centers designed for AI and high-density computing. Powered entirely by renewable energy, Polar's facilities combine advanced engineering with environmental responsibility to meet the evolving needs of hyperscale, enterprise, and cloud-native clients across Europe. About Crusoe Crusoe is on a mission to align the future of computing with the future of the climate. Crusoe provides a reliable, scalable, cost-effective, and environmentally friendly solution for AI infrastructure by harnessing large-scale clean energy, building AI-optimized data centers, and empowering builders to reach their AI potential. Crusoe is empowering the AI revolution. Nigel Stevens Polar DC +44 7968 585590 email us here Visit us on social media: LinkedIn Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
