AirTrunk, an Asia Pacific and Japan (APJ) hyperscale data center specialist, has linked 100 percent of its debt funding platforms to sustainability commitments, more than doubling the company’s sustainable financing since its inaugural sustainability-linked loan (SLL) launched in 2021.
This follows the raising of AirTrunk’s A$650 million ($429 million) SLL in Japan — the first for a data center in the country — which will finance a major expansion of AirTrunk TOK1 (TOK1), located in Inzai, Chiba Prefecture, near Tokyo. The expansion includes the development of a 55-megawatt building, as part of the broader 300-megawatt campus, to service a large new technology customer.
AirTrunk also plans to invest any margin incentives from the Japan SLL into social impact initiatives within Japan. Plans are under way to expand the program across APJ to support scaling and sustaining the region’s digital future.
“Today’s announcement marks another major milestone