Adani Group said to seek $1.5 billion for data centre financing
New Delhi, Nov. 3 -- Adani Group, controlled by India's richest man Gautam Adani, is seeking to borrow about $1.5 billion to help finance its expansion into data centres, according to people familiar with the matter.
AdaniConneX Pvt. Ltd., a joint venture with data center operator EdgeConneX, is in talks with lenders including DBS Group Holdings Ltd., First Abu Dhabi Bank PJSC and Mitsubishi UFJ Financial Group Inc. for the offshore facility, the people said, asking not to be identified discussing private information.
Adani Group plans to invest about $100 billion in data centres and other digital infrastructure by 2035, building on its sprawling energy business. Billionaire Mukesh Ambani's Reliance conglomerate also plans to plow as mu...
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