AirTrunk Secures $2.3 Billion Green Loan for New Malaysia Data Center
*Blackstone-owned AirTrunk closed its largest single-asset financing to date, drawing $2.3 billion from 30 lenders to fund a data center in Malaysia.*
The financing
AirTrunk, the data center operator majority owned by Blackstone Inc., obtained a $2.3 billion green loan. Thirty lenders participated in the facility. The money will support construction of a new site in Malaysia.
The loan marks the company's biggest financing package tied to one asset. Terms label the facility a green loan, though the announcement supplies no further details on use-of-proceeds criteria or certification standards.
Prior state
AirTrunk has raised capital for data center projects before. This round stands out for its size and single-asset focus. No earlier financing figures appear in the report.
Why it matters
The deal shows continued institutional appetite for large-scale data center infrastructure in Southeast Asia. Lenders are willing to commit at this scale under a green-loan framework even as power and land constraints tighten in the region. Operators and their backers now face the practical task of delivering the facility on schedule while meeting whatever reporting requirements the green designation carries.
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