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Thursday, 27 August 2026
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Malaysia's data-centre boom needed lenders, not landlords: AirTrunk raises $2.33B for 420MW in Johor

IFC and DBS anchor $2.325 billion of green project financing for the JHB2 campus, AirTrunk's largest single-asset raise and the biggest for one Malaysian data centre. Design power usage effectiveness is 1.37.

Positive-sum angle: Johor's megawatts now price on green terms rather than one-off bilateral debt, which hands the next regional developer a financing template instead of a negotiation.

Source — TNGlobal