Adani JV raises $213 million for data centres

AdaniConneX, a joint venture (JV) between Adani Enterprises and EdgeConneX, has raised $213 million to fund the construction of its ongoing data centres. The funds will be used to finance the construction of two 67-MW data centres in Chennai and Noida. AdaniConneX intends to construct a 1 GW renewable energy data centre platform by 2030, with investments planned throughout the country. The financing facility is supported by ING Bank NV, Mizuho Bank Limited, MUFG Bank Limited, Natixis, Standard Chartered Bank, and Sumitomo Mitsui Banking Corporation, among others.