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Empyrion DC secures SGD$133m green loan from UOB for Singapore data centre
Tue, 5th Mar 2024

Empyrion DC, a data centre platform in the Asia Pacific, has announced that it secured its first green loan of SGD$133 million from UOB. This substantial loan will support the refinancing and ongoing operations of its SG1 Dodid Data Centre in Singapore.

Based in Singapore, Empyrion DC, an emergent developer and operator of green data centres in Asia, has received this crucial funding as part of a relentless commitment to environmental, social and governance (ESG) considerations within the tech sector. The green loan signifies a significant achievement for a nascent company like Empyrion DC and falls in line with the company's core strategy of constructing and designing data centres that adhere to green principles from inception.

Specifically, the loan will assist in supporting the SG1 Dodid Data Centre, which is notable for its green features. One such feature includes an external green plant wall, which contributes to ambient cooling in the region's tropical climate. Additionally, the data centre incorporates energy and water-efficient technologies designed to optimise energy performance within the facility.

Significantly, the SG1 Dodid Data Centre has gained the BCA-IMDA Green Mark Platinum Award - the highest award in the green building rating system. The establishment recently concluded its successful re-certification in December 2023, reaffirming its continued commitment to sustainability within its operations.

Mark Fong, Chief Executive Officer for Empyrion DC, stated, "We continue to drive ESG goals through our core strategy of building and operating data centres that are green by design from the start. We are delighted to partner with UOB in sustainability financing and will continue to explore innovative data centre design and energy-efficient technologies to power up our journey to be the leading green data centre operator in Asia."

Leong Yung Chee, Head of Group Corporate Banking at UOB, echoed the sentiment, explaining that their partnership with Empyrion DC reinforces Singapore's competitive edge in the digital economy. Leong stated that the BCA-IMDA Green Mark Platinum certified SG1 Dodid Data Centre in Singapore, backed by its first green loan, will augment Empyrion DC’s strategies for energy efficiency. He added, "As the One Bank for ASEAN, we are committed to help like-minded businesses build resilient and sustainable growth across the region."

The SG1 Dodid Data Centre is Empyrion DC's initial data centre project in Singapore. Currently, the company is developing another project - the KR1 Gangnam Data Centre located in Seoul, South Korea. This data centre is expected to offer a capacity of 40 megawatts upon completion in 2025, further cementing Empyrion DC's significant role in promoting sustainable tech solutions in the Asia Pacific region.