DayOne Secures USD3.5 Billion Financing for Green Data Centers in Johor, Malaysia

June 11, 2025 –
Singapore/Johor: DayOne Data Centers Singapore Pte. has secured a landmark
multicurrency financing package worth 15 billion Malaysian ringgit (approx. USD
3.5 billion) to fund the development and expansion of its green data center
operations in Johor, Malaysia. The financing deal was coordinated by
Oversea-Chinese Banking Corporation Ltd. (OCBC) and its Malaysian arm, OCBC
Bank (Malaysia) Bhd., marking one of the largest syndicated data center
financings in Asia to date.
The financing includes 7.5
billion ringgit in Islamic financing and an offshore term-loan facility of USD
1.7 billion, combining to create a robust capital base aimed at supporting both
refinancing needs and capital expenditure for DayOne’s upcoming facilities. The
company’s data centers are designed to meet stringent environmental benchmarks
and are expected to secure green digital infrastructure certification as part
of Malaysia’s sustainability push.
In a statement, OCBC
emphasized that the financing aligns with growing demand for energy-efficient
and AI-ready digital infrastructure across Asia. The structure and scale of the
funding highlight both institutional confidence in DayOne's expansion strategy
and the increasing relevance of green financing in the data center sector.
Malaysia’s largest financial
institution has also confirmed its participation, contributing the largest
share 2.5 billion ringgit of the Islamic financing component, underscoring
strong local backing for DayOne’s investment into the nation’s digital economy.
The capital raised will
support DayOne’s anchor campuses, which will be strategically located at
Nusajaya and Kempas Tech Parks within Johor. These sites form a significant
portion of planned developments within the Johor-Singapore Special Economic
Zone, reinforcing the region’s growing status as a key data infrastructure hub
in Southeast Asia.
DayOne, previously known as
GDS International, serves as the international division of its parent group and
is leading this expansion into the Malaysian market. The financing deal is the
company’s largest to date and is positioned to play a pivotal role in enabling
scalable, sustainable cloud and AI services for enterprise clients.
With Johor projected to
account for 60% of Malaysia’s total data center capacity by 2030, DayOne’s
investment represents a major commitment to both national digital goals and
regional economic development.