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Singtel’s regional data centre arm, Nxera DCT Pte Ltd., has secured a S$643 million five-year green loan to fund the development of DC Tuas, Singapore’s most hyper-connected, high-power-density green data…
The post SingTel Secures $476 Million Green Loan To Develop Sustainable Data Center in Singapore appeared first on ESG News.
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SingTel Secures $476 Million Green Loan To Develop Sustainable Data Center in Singapore – ESG News
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SingTel Secures $476 Million Green Loan To Develop Sustainable Data Center in Singapore
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SingTel Secures $476 Million Green Loan To Develop Sustainable Data Center in Singapore
by ESG News
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February 7, 2025
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Singtel’s Nxera secures S$643M green loan to finance the development of DC Tuas, a 58MW green data centre in Singapore.
DC Tuas to operate at high efficiency, integrating next-gen cooling and targeting a Power Usage Effectiveness (PUE) below 1.25.
Aligned with Singtel’s sustainability goals, the project supports net-zero targets and enterprise demand for AI-ready digital infrastructure.
Singtel’s regional data centre arm, Nxera DCT Pte Ltd., has secured a S$643 million five-year green loan to fund the development of DC Tuas, Singapore’s most hyper-connected, high-power-density green data centre. The loan is backed by DBS, OCBC, Standard Chartered, HSBC, and UOB, who are also serving as green loan coordinators.
Why it matters:
The loan strengthens Nxera’s commitment to sustainable digital infrastructure, supporting enterprise AI workloads while aligning with Singapore’s green economy goals.
“DC Tuas will feature a green design and build, as well as next-generation liquid cooling systems, making it ideal for meeting the demand from enterprises for high-intensity compute and AI workloads,” said Arthur Lang, Singtel Group Chief Financial Officer. “Sustainability is a core part of our data centre business, and we are committed to developing and growing the industry’s most sustainable, next-generation digital assets. This loan will enable us to support Singapore’s digital economy while reducing our carbon footprint in keeping with our net zero goals.”
Arthur Lang, Singtel Group Chief Financial Officer
A Green Data Centre for the Future
DC Tuas has achieved the Green Mark Platinum certification, awarded by Singapore’s Building and Construction Authority and Infocomm Media Development Authority, reinforcing its green credentials. When operational in 2026, the facility will support AI-driven workloads and integrate highly efficient liquid cooling systems, capable of handling over 30kW per rack. It will also optimize land, power, and water use, incorporating water recycling to maximize efficiency.
Related Article: Raimon Land Announces MOU on Sustainable Data Centers
Singtel’s Sustainable Financing Strategy The green loan aligns with Singtel’s sustainable financing framework, Olives, which ties financing to sustainability progress. The company previously secured a S$535 million green loan in December 2023 to support operations at DC West and DC Kim Chuan.
Nxera remains committed to achieving scope 1 and 2 net-zero emissions by 2028, embedding sustainability across its operations while driving the expansion of efficient, high-performance digital infrastructure.
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$476 Million Green Loan
Arthur Lang
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