Princeton Digital Gets Green Loan for $1.5 Billion Asia AI Hub [Yahoo! Finance]
Microsoft Corporation (MSFT)
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Source: Yahoo! Finance
Malaysia, a first for the Asian infrastructure operator as it aims to get that complex operational by June. Most Read from Bloomberg Israel Says a Cease-Fire Plan Backed by Hamas Falls Far Short At $2 Million Per Minute, Treasuries Mint Cash Like Never Before Jack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology' Ex-Trump Controller Says Cohen Repaid From Personal Account S&P 500 Extends Gains in Final Minutes of Trading: Markets Wrap The Warburg Pincus-backed company, which builds and operates server facilities around the region, secured the financing from Maybank, Standard Chartered Plc and United Overseas Bank Ltd. Princeton Digital said the deal marked its first so-called green loan, a form of debt targeted at environmentally friendly projects. From Microsoft Corp. to KKR & Co., tech firms and financiers are bankrolling data centers across Asia to support an accelerating boom in AI development and services. They're needed to support an estimated 25% annual
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