Tuesday, 3 November, 2026
Billion-Dollar Compute: Adani Group Seeks $1.5B Loan to Fuel Data Center Boom
By TechShots Studio
AdaniConneX—the data center joint venture between the Adani Group and EdgeConneX—is negotiating a $1.5 billion offshore loan facility with international lenders, including DBS, MUFG, and First Abu Dhabi Bank. The financing aims to aggressively scale up digital and AI infrastructure in India, aligning with the conglomerate's massive long-term strategy to capitalize on surging cloud and artificial intelligence compute demands.
Read full story at CIO ECONOMIC TIMES