AirTrunk Raises $850M For Australian Data Center Expansion

AirTrunk Raises $850M For Australian Data Center Expansion

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AirTrunk has announced the completion of an $850 million Australian financing round to fund a major expansion of its Australian data centers in Sydney and Melbourne.

According to Robin Khuda, founder, and CEO of AirTrunk, this expansion is due to customer demand for hyperscale data center solutions.

“Throughout the process, we have seen considerable interest in AirTrunk and we are pleased to enter into this financing agreement with Deutsche Bank, and with the new capital raised recently by our shareholders, the new funds are positioning us well. large cloud, content and enterprise customers in the Asia-Pacific region, “said Khuda.

Deutsche Bank is the lead arranger, underwriter and sole bookrunner for the new senior secured debt facilities, with shareholders, Goldman Sachs and TSSP also bringing new capital to support expansion plans.

AirTrunk opened its first Australian data center in western Sydney in September last year. The 34,500 m² data center in Huntingwood has a total capacity of more than 90 MW. It has 1,15 PUEs, 36 data rooms, 29,000 m² of technical information hall and 5,500 m² of offices and storage areas. The first phase of construction cost the company $200 million.

“It will be one of the largest neutral data centers in the region, housing critical infrastructure for some of the world’s largest companies,” AirTrunk said at the time.

The company also said the data center was designed to meet the high-security requirements of the Australian government and was the “first step” in its broader growth strategy in the Asia-Pacific region.

AirTrunk in November opened its second Australian data center, at Derrimut in West Melbourne, Victoria.

With a total capacity of more than 84 MW of IT load in 34 data halls, the second local facility covers an area of 31,000 m2, comprising 23,000 m2 of technical information hall and 8,000 m2 of offices and offices. storage areas. The company told ZDNet that it had invested more than 100 million Australian dollars in the data center.

“This will make AirTrunk Melbourne the largest neutral data center in Victoria, storing critical infrastructure for some of the world’s largest companies,” AirTrunk said at the announcement.

On Monday, AirTrunk said the two Australian facilities would be the largest independent data centers in the Asia-Pacific region, once completed, at 90 MW and 84 MW.

“AirTrunk continues to pursue its ambition to be the hyperscale data center leader for the region, and Australia’s expansion will establish AirTrunk as Australia’s largest data center operator in terms of deployed capacity and pursue opportunities. dynamic growth in the Asia-Pacific region “added Khuda.

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