Last Updated on 14th November 2023
Digital Edge has bagged a USD 330 million green loan to support the first phase of development of the 100 MW data center project in Seoul. The project also known as SEL2 will be the largest data center facility in South Korea. The financing also represents the first green loan for a data center project in South Korea.
SEL2 will utilize Digital Edge’s next-generation architecture to achieve high standards of energy efficiency. The company will leverage the state-of-the-art Bloom Energy fuel cell technology to reduce greenhouse gas emissions. The energy efficiency objectives of SEL2 are aligned with Digital Edge’s carbon-neutral data center platform by 2030.
Digital Edge’s Chief Financial Officer, Jonathan Walbridge stated that the first green loan is a key milestone in our growth journey. He also added that SEL2 is Digital Edge’s third data center facility in South Korea which will bring world-class digital infrastructure to the thriving market.
Digital Edge Singapore is a leading data center provider in Singapore, offering a comprehensive suite of data center solutions, including colocation, cloud, and managed services. Digital Edge is committed to providing its clients with the most reliable, scalable, and secure data center solutions in the region. Digital Edge has a strong track record of delivering high-quality data center solutions to its clients. The company has a team of experienced professionals who are dedicated to helping businesses of all sizes achieve their IT goals.
SEL2 South Korea is a hyperscale data center project being developed by STT GDC in Incheon, South Korea. It is expected to be completed in 2024 and will have a capacity of up to 120MW of critical IT load. The SEL2 South Korea project is a significant investment in South Korea's digital infrastructure and is expected to have a positive impact on the country's economy.
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