Post by Allen & Gledhill LLP

🔎 In the Spotlight: Advising Nxera, sponsored by Singtel, on the S$643 million green loan for DC Tuas Singapore continues to strengthen its position as a leading digital infrastructure hub, with sustainable financing playing an increasingly important role in supporting data centre development. Against this backdrop, we advised Nxera, Singtel’s regional data centre arm, on the S$643 million green loan facilities supporting the development of DC Tuas, its next-generation, AI-ready data centre in Singapore. The green loan is aligned with Singtel’s dedicated sustainable financing programme, Olives, which links Singtel’s financing approach to its progress towards achieving its mid- to long-term sustainability goals. As part of the green loan criteria, DC Tuas has achieved the Green Mark Platinum certification awarded by Building and Construction Authority Singapore and IMDA, reinforcing Nxera’s commitment to sustainable design and operations. Arranged by various leading banks and financial institutions, the facilities reflect strong support for sustainable digital infrastructure development. The financing also builds on Singtel’s continued commitment to sustainable finance. Advising Nxera and Singtel were Partners Wei Ting Lim, Andy Chee, and Mei Ann Lim. 🔗 Read the deal summary here: https://lnkd.in/gQjrUCb2 🔗 Read the deal summary on the first green loan obtained by Singtel here: https://lnkd.in/gBfSXVKP In the Spotlight is our new series highlighting recent significant matters A&G Asia has worked on across key industries in the region. For the month of July, we will be featuring digital infrastructure matters from our Singapore office – stay tuned for the rest of the series to see how different trends take shape across key sectors in the region. #allenandgledhill #agasia #singapore #InTheSpotlight #significant #matters #deals #ESG #banking #finance #greenloan #greenloanprinciples #sustainablefinance #datacentres #AI #artificialintelligence #digitalinfrastructure