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

DayOne

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.

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