From BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Adani Group said to seek $1.5 billion for data centre financing
What's behind this
Adani Group is seeking a $1.5 billion offshore loan to finance its data‑centre expansion, with its joint venture AdaniConneX (partnered with EdgeConneX) in talks with lenders including DBS Group Holdings, First Abu Dhabi Bank and Mitsubishi UFJ Financial Group. Led by Gautam Adani, the group also has plans to invest around $100 billion in digital infrastructure by 2035.
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Adani Group, led by Gautam Adani, is negotiating a $1.5 billion loan to finance its data center expansion. The joint venture AdaniConneX with EdgeConneX is involved in discussions with various lenders. Plans include investing around $100 billion in digital infrastructure by 2035, enhancing their…
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AdaniConneX Pvt. is in talks with lenders including DBS Group Holdings Ltd., First Abu Dhabi Bank PJSC and Mitsubishi UFJ Financial Group Inc. for the offshore facility
