SEA Deal Ticker
Malaysian banks are funding Singapore's compute overflow: STT GDC raises $1.37B for a 166MW Johor campus
UOB Malaysia coordinated the green loan alongside OCBC, Standard Chartered and CIMB. Phase one carries 166MW of IT load at Nusa Cemerlang, inside the Johor-Singapore Special Economic Zone.
Positive-sum angle: Green-loan pricing on a data-centre campus means regional lenders now underwrite AI capacity as infrastructure credit — cheaper money than the equity that funded the last cycle.