APAC data center firm Empyrion Digital has successfully closed financing for its 7MW data center in Taipei, Taiwan, with E.Sun Bank.

Located in Neihu, the TW1 Taipei Data Center will provide 4,260 sqm (45,855 sq ft) of colocation space across five stories, and is set to be ready for service (RFS) by Q4 2027.

The facility will be able to host AI workloads and high-performance computing (HPC), as well as enterprise and cloud customers. It will feature integrated photovoltaic walls, providing solar electricity, to reduce energy and water usage.

The Singapore-based data center company commenced construction on the facility in January this year, having initially announced plans for the Taiwan data center in November 2024.

Empyrion CEO Teruo Iwamoto said: “Closing this financing is another important step in our growth in Taiwan. It reflects the strong fundamentals of TW1 and our financing partner’s confidence in the project and Taiwan’s broader digital infrastructure market. We thank E.Sun Bank, our advisers, and all our partners for their support throughout the financing process.”

E.Sun Bank shared that it “is pleased to support Empyrion Digital in the financing of TW1. As AI, cloud computing, and digital services continue to grow, resilient and high-quality digital infrastructure is becoming increasingly important to Taiwan’s digital economy.”

The Taiwanese bank added, “We look forward to building a strong partnership with Empyrion Digital as TW1 progresses.”

Empyrion Digital was formed in 2021 as a portfolio company of Singaporean infrastructure investment fund Seraya Partners. Its portfolio of operational and in-development data centers covers six Asian countries. It has two operational facilities: a 29.4MW data center in Banham, South Korea, and a 7.7MW facility in Dodid, Singapore.

It is currently developing a 200MW data center campus in Johor, Malaysia, which it topped out earlier this month, as well as a 12MW data center in Bangkok, Thailand, and a 25MW facility in Tokyo, Japan.

E.Sun Bank was founded in 1992 and is headquartered in Taipei, Taiwan. It was also lead arranger and bookrunner for AirTrunk’s US$1.2bn loan to finance the technology company’s TOK1 East Tokyo hyperscale data center campus, the largest data center financing in Japan to date.

Seraya Partners private equity fund has $2.7bn in assets under management across its funds and co-investment vehicles. Its investments focus on digital infrastructure and energy transition.

The Neihu District in the city of Taipei is a technology business district in Taiwan and a hub for data centers and technology companies. Taipei is Taiwan’s primary digital and data center core, hosting 17 facilities according to Data Center Map.