IFC and global lenders finance Yondr’s data center project in Malaysia

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IFC and six financial institutions committed over US$900 million to Yondr Group’s Malaysia data-centre campus.

By Digital News Asia December 23, 2024Committed over US$900 million to Yondr Group’s data-centre campus in Malaysia

DBS, Deutsche Bank, Global Infrastructure Partners , HSBC, ING and Natixis CIB joined IFC in the latest round of financing for the 98-megawatt project in Johor Bahru. This represents the first phase of a 72.5-acre data-centre campus set to deliver 300 megawatts of critical IT capacity upon completion. The project is poised to become one of the largest and most technologically advanced data centres in Asia-Pacific, supporting the rapidly growing demand for data processing capacity in the region.

The campus will also be certified by the Excellence in Design for Greater Efficiencies green building programme, IFC's green building certification system focused on improving resource efficiency.

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