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AdaniConneX sets benchmark with construction financing framework of USD 1.44 billion

April 28, 2024 Vinayak Barot

Ahmedabad, 28th April 2024. AdaniConneX, a 50:50 JV between Adani Enterprises and EdgeConneX, has established India’s largest sustainability linked financing to raise up to USD 1.44 billion. The financing has an initial commitment of USD 875 million, with an accordion feature to extend commitment up to USD 1.44 billion. The transaction elevates AdaniConneX’s construction financing […]

Business

Frost & Sullivan honours AdaniConneX with South Asian Company of the Year Award for Excellence in Data Center Infrastructure & Operations

June 27, 2023 Vinayak Barot

SAN ANTONIO, TX. – 27 June 2023 – Frost & Sullivan has honoured AdaniConneX with the 2023 South Asian Company of the Year Award for delivering data center infrastructure and operational excellence. Bringing the energy infrastructure expertise of the Adani Group and Data Center expertise of EdgeConneX, AdaniConneX is emerging as the torchbearer in the […]

Business

AdaniConneX Seals the Largest Data Center Financing Deal in India with a USD 213 Mn Construction Financing Facility

June 23, 2023 Vinayak Barot

Ahmedabad, India, 23 June 2023: AdaniConneX achieved financial closure through its maiden construction facility by entering into Financing Framework, raising USD 213 Mn for its under-construction data center asset portfolio. The tied-up facility will finance two data centers with an aggregate capacity of 67 MW that includes ‘Chennai 1’ campus with Phase 1 of 17 […]