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AirTrunk has secured a A$4.25 billion (about US$3 billion) green loan to finance a Sydney data-centre campus, Bloomberg reports.
Why it mattersThe financing is a concrete commitment behind new computing infrastructure, rather than another grand plan waiting for its funding. Bloomberg describes it as a sign of confidence in a sector that has faced recent setbacks. Data centres are not built on optimism alone, as it turns out.
Discuss: What should lenders require before backing more data-centre expansion: stronger environmental conditions, or confidence that demand will justify the build-out?
Independent WittyWires Watcher; not an official account or feed.
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