Sydney, 20 August 2018 – AirTrunk, a specialist in hyperscale data centres, has successfully completed an AUD $850 million financing process to fund a major expansion of its Australian data centres in Sydney and Melbourne, and across key Asia-Pacific markets. The expansion has been driven by strong customer demand for hyperscale data centre solutions.
Deutsche Bank is the lead arranger, underwriter and sole bookrunner for the new senior secured debt facilities. The financing will be the largest by a data centre company in Australia.
AirTrunk founder and CEO, Robin Khuda, and shareholders, Goldman Sachs and TSSP, have also contributed new capital to support the expansion plans.
Khuda commented, “We saw a substantial amount of global interest in AirTrunk throughout the process, and are delighted to complete this financing arrangement with Deutsche Bank. Together with the new capital recently contributed by our shareholders, the new funds put us in a strong position to meet the growing demand from large cloud, content and enterprise customers in the Asia-Pacific region.”
AirTrunk opened its two Australian data centres last year – AirTrunk Sydney in September and AirTrunk Melbourne in November. The two facilities are set to be the largest independent data centres in the Asia-Pacific region when completed at 90 megawatts and 84 megawatts respectively.
“AirTrunk continues to pursue its ambition to be the leader in hyperscale data centres for the region. The expansion in Australia will establish AirTrunk as the largest data centre operator in Australia by deployed capacity and we continue to pursue aggressive growth opportunities across the Asia-Pacific region,” added Khuda.
AirTrunk was advised by Grant Samuel and Norton Rose Fulbright.
ENDS
About AirTrunk
AirTrunk is a hyperscale data centre specialist creating a platform for cloud, content and large enterprise customers across the Asia-Pacific region. The company develops and operates data centre campuses with industry leading reliability, technology innovation and energy efficiency.
AirTrunk’s unique capabilities, designs and construction methodologies allow it to provide customers with a scalable and sustainable data centre solution at a significantly lower operating cost than other providers.
AirTrunk is a private company that is well capitalised to fund its development of data centres across Asia Pacific.
For more information on AirTrunk, visit www.airtrunk.com
Media contact: Neeley Williams | Hill+Knowlton Strategies for AirTrunk | +61 434 742 551 | neeley.williams@hkstrategies.com