EdgeConneX makes headlines this week by announcing its successful execution of $3.3 billion in innovative sustainability-linked financing. The transactions enable the development of critical digital infrastructure to support customers’ global data center requirements.
The significant scale of these transactions has also earned recognition by IJGlobal, a leading market intelligence firm for the energy and infrastructure finance industry, with the Digital Infrastructure Deal of the Year Award 2022 in the data center category.
“We are honored by the IJGlobal Award distinction for our innovative financing structures that can be replicated globally,” comments Joe Harar, Chief Financial Officer for EdgeConneX. “Sustainability is a necessity, and EdgeConneX has adopted sustainability principles across all aspects of our business. These financings leverage EdgeConneX Green Finance Framework and enable us to execute growth plans by reinforcing our commitment to delivering energy-efficient and innovative sustainable solutions for our customers anywhere in the world.”
In October 2022, EdgeConneX, the EQT-owned data center developer, reached financial close of a €2.4 billon sustainability-linked (re)financing EdgeConneX pan-EMEA data center portfolio of operational facilities across seven jurisdictions and provided CapEx facilities to support future developments. Separately, in June 2022, funds managed by Ares Management’s Infrastructure Debt strategy, committed a delayed draw sustainability-linked global debt facility to EdgeConneX. The debt facility commits up to $1 billion and can be used to fund the development and construction of EdgeConneX growing global development pipeline.
What else has EdgeConneX been up to? The company recently announced connecting its data center in Sant Boi de Llobregat, (Barcelona) Spain, to the AFR-IX Barcelona Cable Landing Station (CLS) – a critical entry and exit point between Barcelona, Europe, Africa, and the rest of the World.
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