Maybank Underwrites RM2.5 Bln For Dayone’s Green Data Centres In JS-SEZ

KUALA LUMPUR, June 11 (Bernama) -- Maybank is underwriting RM2.5 billion, which is one-third and the largest share of the biggest syndicated Islamic financing for data centres in Asia Pacific, to support DayOne Data Centers (DayOne) green data centres in the Johor-Singapore Special Economic Zone (JS-SEZ).

This onshore ringgit Islamic tranche amounting to RM7.5 billion, and an equivalent US Dollar-denominated offshore conventional tranche, form a five-year, dual-currency green financing package totalling RM15 billion.

The borrower, WG Data Hub Sdn Bhd, a wholly owned subsidiary of DayOne, shall use the proceeds to develop data centres of Leadership in Energy and Environmental Design (LEED) Gold-certified and above. LEED is an internationally recognised and globally utilised green building certification system.

Maybank president and group chief executive officer Datuk Khairussaleh Ramli said this landmark transaction represents Maybank’s largest Islamic financing commitment to the data centre sector.

“It highlights our unique position and global leadership in structuring and promoting Islamic and green finance,” he said in a statement today.

​Headquartered in Singapore, DayOne is a global pioneer in digital infrastructure platforms with a growing presence across both tier-one and emerging markets, including Singapore, Johor (Malaysia), Batam (Indonesia), Bangkok, Hong Kong, and Tokyo.

Its anchor data centre campuses will be located in Nusajaya and Kempas Tech Parks, both within the JS-SEZ, and is expected to comprise a commanding share of its planned capacity across ASEAN and Japan.

-- BERNAMA