EdgeConneX secures $1.9 billion more sustainability-linked financing

By Marisa Wong

Los Angeles, April 11 – EdgeConneX announced it raised an additional $1.9 billion of sustainability-linked financing to support its EMEA digital infrastructure expansion.

This deal upsized the $2.9 billion of sustainability-linked financing initially issued in October 2022, according to a press release.

The company said the transaction was marked by significant oversubscription from existing and new lenders.

This transaction lifted the company’s total green investments to over $7 billion over the last two years to support its global digital infrastructure growth.

A highlight of this financing arrangement is the inclusion of sustainability-linked margin adjustments. This feature directly ties the interest rate to EdgeConneX achievement of predetermined sustainability objectives, representing the company’s commitment to achieving carbon neutrality, eliminating its waste and water footprint and powering its entire data center platform with renewable energy sources by 2030.

Backed by EQT Infrastructure, EdgeConneX is a data center services provider based in Herndon, Va.

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