AdaniConneX set to raise $1.44 billion from 8 global banks"The financing has an initial commitment of $875 million, with an accordion feature to extend commitment up to $1.44 billion... Definitive ...
AdaniConneX in talks with banks to raise $900-950 millionAdaniConneX secures $900-950 million loan from MUFG Bank for 1 GW data centre expansion in multiple Indian cities. The loan, with an intere...
Adani Group acquires 25 acres from Finolex in Pune to set up data centerIn February 2021, Adani Group’s flagship company Adani Enterprises entered a 50:50 joint venture with EdgeConneX to develop and operate dat...
Adani Power inks initial pact to sell entire stake in two arms to AdaniConnex for Rs 540 crAdani Power has signed a deal to sell its two subsidiaries, Aviceda Infra Park and Innovant Buildwell, to AdaniConnex for Rs 540 crore. The...
Adani Enterprises aims big on data centers with $1.5 billion capex plannedAdani Enterprises is planning to build nine data centers and targeting a total capacity of 1 gigawatt by 2030. This will provide infrastruc...
Adani JV raises $213 mln to finance data centers in Noida and ChennaiAdaniConneX, a joint venture of Adani Enterprises and EdgeConneX, has secured $213m from ING Bank, Mizuho Bank, MUFG Bank, Natixis, Standar...
Adani's joint venture in talks for first dollar loan since Hindenburg report: ReportData centre provider AdaniConneX, a joint venture with Virginia-based EdgeConneX, will use the money for capital expenditure, with a five y...
Adani Power sells 100 pc equity in Support Properties to AdaniConnex for Rs 1,556 crore"Parties to the proposed transaction (for which a binding memorandum of understanding had been signed earlier) have executed a Share Purcha...
Robust consumption growth, policy support prompts investments in India’s data centresThis rising preference for India among global data centre majors is attributed to the data localisation norms and the government’s proposed...
Data centre capacity expected to surge six-fold in the next six years: ICRATo cater to the increasing demand, Indian corporates like the Hiranandani Group, the Adani Group, in a joint venture with EdgeConnex, the R...
Adani, EdgeConneX JV AdaniConneX starts hyperscale data center in ChennaiIndia is one of the fastest growing data center markets in the world. India’s current data center capacity is around 600 MW and is expected...
Govt accords infrastructure status to data centres with over 5 MW capacityThe government has accorded infrastructure status to data centers with more than 5 megawatt capacity of IT load, according to a recent noti...
Adani Group to buy land from K Raheja Corp for Rs 1,500 croreIn February 2021, Adani Group's flagship company Adani Enterprises entered into a 50:50 joint venture with EdgeConneX to develop and operat...
Indian data centers to see 5-fold capacity growth with up to Rs 1.20 lakh cr investmentThe Indian data centers industry’s capacity is expected to witness a five-fold increase as it is expected to add overall 3,900-4,100 MW of ...
Adani Enterprises divests stake in DC Development Hyderabad, NDCL"The company has divested its 100 per cent stake in DC Development Hyderabad Private Ltd and Naida Data Center Ltd, wholly owned subsidiary...
Adani Group forms unit to set up data centre in MumbaiThe new unit will "undertake business to develop, operate, maintain, deal with data centres, information technology (IT)/ information techn...
Adani Group forms equal JV with US company to build data centre parks in 6 Indian citiesAdaniConneX JV has begun development of hyperscale facilities in Chennai, Navi Mumbai, Noida, Vizag and Hyderabad and will also develop edg...