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Yondr raises USD 150 million in debt to develop data center in Malaysia
Edge Computing
May 31, 2024
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Edge Computing

Edge Computing

May 31, 2024

Yondr raises USD 150 million in debt to develop data center in Malaysia

Funding

  • Yondr, a Dutch cloud and Edge data center owner, operator, and service provider, has obtained a loan facility of up to USD 150 million from the International Finance Corporation, a part of the World Bank Group focusing on the private sector in emerging markets.

  • The funds will be used to develop Malaysia's largest hyper-scale data center campus in Johor, Sedenak Tech Park. With this addition, Johor will become the largest hyper-scale data center campus in Southeast Asia, with 300+ MW IT load capacity.

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