EdgeConneX®, the pioneer in global Hyperlocal to Hyperscale Data Center Solutions, announces the successful execution of a landmark $403.8 million deal in Sustainability-Linked Senior Facilities, accelerating the company’s expansion plans and green initiatives for its Jakarta, Indonesia data center footprint. This inaugural transaction paves the way for increased sustainability capabilities, including power efficiency, renewable energy sources, and enhanced safety measures for EdgeConneX to develop multiple data centers in the region that will bring the Indonesian hyperscale campus in Jakarta to over 120MWs.
In addition, the company unveiled the planned expansions of its Jakarta data center campus in a ribbon-cutting ceremony, welcoming honored guests, including Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan. Other dignitaries involved in the ceremonies included regional officials and local community leaders, along with EdgeConneX Co-founder and CEO Randy Brouckman and Managing Director for APAC Kelvin Fong.
As the largest city in Indonesia and with a population of over 33 million people, Jakarta is an essential gateway to Southeast Asia for commerce, trade, and technology. With extensive fiber, power density, low-latency interconnectivity, and global peering options, Jakarta is a high-growth market with significant opportunities for cloud giants to accelerate their cloud access, content delivery, and connectivity services.
Leveraging EdgeConneX Sustainability Strategy, the innovative deal includes Offshore U.S. Dollar borrowing. This format provides for margin adjustments when EdgeConneX meets certain Key Performance Indicators (KPIs) concerning the Power Usage Effectiveness (PUE) of its data centers, the use of renewable electricity, and achieving safety goals. These KPI targets align with EdgeConneX Customer, People, Planet strategy, which includes a holistic sustainability policy supporting the company’s goal of becoming a carbon-, waste- and water-neutral data center provider by 2030. This forward-leaning plan includes EdgeConneX developing and operating a data center platform powered by 100% renewable energy.