Ahmedabad, 28 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…
The agreements have been executed with eight international lenders ING Bank N.V., Intesa Sanpaolo, KfW IPEX, MUFG Bank Ltd., Natixis, Standard Chartered Bank, Societe Generale and Sumitomo Mitsui Banking Corporation.
A joint venture between Adani Enterprises and U.S.-based EdgeConneX is raising $1.4 billion to build data centers across India to tap into the country s digital boom.
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