STTGDC has secured funding to fuel the build-out of its data center campus in Tokyo, Japan.

The company this week announced it has secured a JPY93 billion ($589.9m) green loan facility to finance the fit-out and subsequent operation of STTGDC TYO1 and STTGDC TYO2, the two buildings at its 70MW data center campus in Inzai City.

Structured in accordance with the Green Loan Principles, the company said the financing is tied to defined environmental criteria, including green building certification and energy-efficiency requirements.

“This financing reflects the strength of our Japan platform and the confidence of our banking partners in the quality and long-term potential of the Tokyo campus,” said Nelson Lim, group CFO, STTGDC. “It provides the capital foundation to advance the campus while maintaining a disciplined approach to growth. Importantly, the green-loan structure aligns our financing strategy with the environmental performance of the assets we develop, reinforcing how sustainability is integrated into our capital allocation and investment decisions.”

The financing was supported by Standard Chartered, which acted as Lead Coordinator, alongside Mizuho Bank, OCBC, Société Générale and UOB. Standard Chartered and Société Générale also acted as Green Loan Coordinators.

What was then STTGDC first announced plans to expand into Tokyo back in October 2021, launching the 32MW Tokyo 1 facility in June 2025. The company broke ground on Tokyo 2 in April 2024.

“The Tokyo campus is central to our long-term commitment to Japan and strengthens our ability to support customers as their cloud, AI and digital infrastructure requirements grow,” added Kiyoshi Maeda, CEO Japan, STTGDC. “Customers need infrastructure that can scale with their ambitions while delivering the resilience and efficiency required for mission-critical operations. Through STTGDC TYO1 and STTGDC TYO2, we are building that capacity in one of Japan’s established data center markets and creating a strong platform for our continued growth in the country.”

Investment firm KKR and Singaporean telecoms operator Singtel fully acquired STT GDC in February from ST Telemedia. The company has since been rebranded to STTGDC.