AirTrunk Seeks A$4.3 Billion Loan for 400-MW Sydney Data Center
Updated
Updated · Bloomberg · Jun 18
AirTrunk Seeks A$4.3 Billion Loan for 400-MW Sydney Data Center
2 articles · Updated · Bloomberg · Jun 18
Summary
AirTrunk is in talks with banks for a A$4.3 billion, five-year loan to fund a new Sydney project, according to people familiar with the matter.
Proceeds would back construction of SYD3, a hyperscale data center planned at more than 400 megawatts, extending the Blackstone-backed operator’s buildout in Australia.
Banks have been approached to underwrite the deal, though pricing and other terms have not been finalized and could still change.
The financing would add to AirTrunk’s debt-backed expansion across Asia Pacific, underscoring continued heavy capital demand from large-scale data center development.