SINGAPORE (Apr 15): Data scientists are not the only ones in demand, data centres are too. On April 10, data centre specialist AirTrunk announced that it had raised $450 million in debt financing to expand across Asia-Pacific. For a start, the funds will be used to build the largest “neutral” data centre in Singapore.

The financing for this round, announced on April 10, is from Deutsche Bank, Goldman Sachs and Natixis. Robin Khuda, CEO of Australia-based AirTrunk, put in additional capital too, as did TPG Sixth Street Partners and Goldman Sachs in its capacity as an investor.

“This additional $450 million financing provides us with a strong balance sheet to pursue further growth and become the pre-eminent ‘hyperscale’ data centre operator in the region,” says Khuda.

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