AdaniConneX raises $1.44 bn to set up 9 data centres
The financing initially secures $875 million, with an option to extend it to $1.44 billion
The financing initially secures $875 million, with an option to extend it to $1.44 billion
Emerging businesses — airports, green hydrogen ecosystem, integrated manufacturing & roads — contribute half to Adani Enterprises profits.
The debt fund will be used to finance two data centre projects in Chennai and Noida with an aggregate capacity of 67 MW, says AdaniConneX.
The park will host a 300 MW of data centre capacity; the investments will be on top of the ₹20,000 crore already invested in the state
In November last year, Adani Power signed a pact to sell its 100% stake in its wholly-owned subsidiary SPPL to ACX.