DayOne gets $530m green loan for Singapore data center
DayOne, a Singapore-based digital infrastructure platform, has secured a S$530 million green loan from DBS, OCBC, and UOB to develop its first data center in the city-state. The loan, which adheres to internationally recognized Green Loan Principles, will be used to construct a 20-megawatt facility situated in western Singapore. The project, currently under construction since July 2025, is expected to commence operations in the first quarter of 2027.
The data center will be notable for its on-site Solid Oxide Fuel Cell power generation, representing a proof-of-concept exploration into hydrogen-based energy solutions. DBS, OCBC, and UOB have taken on the roles of Joint Mandated Lead Arrangers, Book Runners, and Green Loan Coordinators for the financing. Additionally, DBS serves as the Facility and Security Agent for the loan.
The financing comes at a time when demand for digital infrastructure is on the rise globally, fueled by the widespread adoption of artificial intelligence, cloud computing, and 5G technologies.
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