EdgeConneX® is at it again! The company just secured an additional $150 million in sustainability-linked financing to support its global expansion initiatives.
The latest sustainability-linked financing comes after EdgeConneX secured a series of sustainability-linked financings totaling $1.7 Billion earlier this year. The financings include EdgeConneX first-ever securitization and multi-currency term loan (“ESG Term Loan”) to further the company’s global growth. These transactions highlight EdgeConneX market leadership and commitment to ESG as part of its Customers, People, Planet core values, and environmental stewardship.
A first of a kind!
The latest funding refinances outstanding indebtedness and is designed to be used as a financing platform for the company’s future activity in Latin America, including Chile and Colombia. The loan facility further promotes EdgeConneX sustainability objectives, incentivizing outperformance on the data centers’ energy efficiency, renewable energy consumption, and environmental certification.
“This is a landmark transaction in the digital infrastructure space in Latin America as combined green loan principles and sustainability-linked loan principles loan is considered to be the first combination sustainability data center financing in the Latin American market. This latest funding provides EdgeConneX with the backing necessary to continue its regional expansion in Latin America and to do so in a sustainability-minded way.” – Joe Harar, CFO at EdgeConneX
For more information, please visit www.edgeconnex.com.