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According to people familiar with the matter, Bridge Data Centres, a subsidiary of Bain Capital, is in talks with several banks to more than double the size of existing loans to about US$6.6 billion, which is expected to become one of the largest deals in the Asian data center industry. This move is a continuation of previous financing plans. The company obtained an initial loan of 2.8 billion US dollars for the Malaysian business last year, and plans to increase the amount to at least 5 billion US dollars in subsequent years. People familiar with the matter, who did not wish to be named, said that this expanded financing will be introduced to the market as early as November. People familiar with the matter also revealed that a Thai data center loan program with a maximum amount of 6 billion US dollars has come to a standstill. The point of stagnation roughly coincided with Thailand's suspension of 49 data center projects last month due to energy consumption concerns.
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According to people familiar with the matter, Bridge Data Centres, a subsidiary of Bain Capital, is in talks with several banks to more than double the size of existing loans to about US$6.6 billion, which is expected to become one of the largest deals in the Asian data center industry. This move is a continuation of previous financing plans. The company obtained an initial loan of 2.8 billion US dollars for the Malaysian business last year, and plans to increase the amount to at least 5 billion US dollars in subsequent years. People familiar with the matter, who did not wish to be named, said that this expanded financing will be introduced to the market as early as November. People familiar with the matter also revealed that a Thai data center loan program with a maximum amount of 6 billion US dollars has come to a standstill. The point of stagnation roughly coincided with Thailand's suspension of 49 data center projects last month due to energy consumption concerns.
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