AdaniConneX entered the Financing Framework and raised $213 million for its portfolio of under-building data centres, securing financial closure for its first construction facility. Two data centres, Chennai 1 and Noida, with a combined capacity of 67 MW, would be financed by the facility. By FY25, India’s data centre capacity should have doubled, going from 870 MW in FY22 to 1700-1800 MW. AdaniConneX is putting money into a framework for a 1 GW green data centre, allowing for hyperscale to hyperlocal investments all around the nation.
AdaniConneX’s development agenda is institutionalized through Platform Infrastructure Financing through the Framework Agreement with international lenders. Commitments from ING Bank N.V., Mizuho Bank, MUFG Bank, Natixis, Standard Chartered Bank, and Sumitomo Mitsui Banking Corporation strengthen the strategy, enabling fast-tracked implementation of under-construction asset portfolios.
Construction facility funds Chennai and Noida data center projects, offering customized enterprise colocation and hyperscale solutions. Chennai’s 17 MW Phase 1 campus is pre-certified, while Noida’s 50 MW capacity supports hyperscale expansion needs.Edmund Wilson,Director – AdaniConneX (Chief Operating Officer and Co-Founder, EdgeConneX), said, “Leveraging Adani’s proven infrastructure experience and EdgeConneXdata center record, we are keen to play an integral and pivotal role – bringing in a digital revolution.”
