Brief: CapitaLand India Trust Announces INR 13 Bln Onshore Loan To Develop Navi Mumbai Data Centre

CapitaLand India Trust

10/11/2023 09:37

Nov 10 (Reuters) - CapitaLand India Trust  CAPC.SI :
    * DIVERSIFIES FUNDING SOURCES WITH INR13 BILLION ONSHORE
LOAN TO
DEVELOP NAVI MUMBAI DATA CENTRE, TAPS COMPETITIVE ONSHORE
FINANCING
    * SECURED A FIVE-YEAR CONSTRUCTION LOAN OF INR13 BILLION
    * LOAN FROM J.P. MORGAN INDIA TO FINANCE PHASE 1 DEVELOPMENT
OF
ITS DATA CENTRE IN NAVI MUMBAI
    * CONSTRUCTION OF DATA CENTRE HAS COMMENCED AND IS SCHEDULED
FOR
COMPLETION BY MID-2025.
    * DATA CENTRE WILL HAVE A POWER CAPACITY OF 108 MW

Source text for Eikon:  ID:nSN9tTtwT 
Further company coverage:  CAPC.SI 

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