Malaysia – Yondr Group, a leading global developer, owner, and operator of hyperscale data centers, has secured a loan facility of up to $150 million from the International Finance Corporation (IFC). This funding will support the construction of the first phase of Yondr’s hyperscale campus in Johor, Malaysia, underscoring Malaysia’s burgeoning digital economy.

Located in Sedenak Tech Park, Yondr’s Johor campus will become the largest hyperscale data center campus in Southeast Asia, with an IT load power capacity exceeding 300MW on 72.5 acres of land. The campus will enhance regional businesses’ access to the latest AI-cloud workloads, boosting productivity and digital service availability. Its proximity to Singapore offers vital interconnectivity routes and scalable digital infrastructure.

“Completing this round of financing with IFC not only aligns with our values but also highlights our expertise in developing digital infrastructure projects. This investment demonstrates IFC’s confidence in Yondr’s capabilities and Malaysia’s rapidly developing digital economy,” said Chester Reid, Chief Financial Officer at Yondr.

Paul Dillon, Chief Development Officer at Yondr, stated, “From the onset, Yondr has aimed to expand our presence in Asia. Today’s announcement marks a significant milestone as we continue to contribute positively to Malaysia’s digital infrastructure, supporting its ambition to become a digital-first economy.”

Katia Daude Gonçalves, Country Manager for Singapore, Malaysia, and Brunei at IFC, commented, “We are excited to partner with Yondr for this significant data center investment in Malaysia. This project will enhance digital connectivity for individuals and businesses sustainably, increasing the competitiveness of Malaysia’s data-hosting market.”

This announcement follows Yondr’s milestone in March 2024, when it energized its state-of-the-art 275kV high voltage substation at the Johor campus, signifying significant progress in developing the site’s power infrastructure.