Digital Edge Publishes Green Finance Framework for Data Center Projects

November 5, 2024
On November 5, 2024, Digital Edge, a leading data center platform company in Asia Pacific, announced the publication of its first Green Finance Framework. This framework sets guidelines for securing green financing for data center projects that aim to deliver positive environmental outcomes and align with the company's ESG goals, including its target to be a carbon-neutral platform by 2030. The framework includes four eligibility criteria for a project to qualify for green financing: energy efficiency, renewable energy, green buildings, and sustainable water and wastewater management. Digital Edge, headquartered in Singapore, secured its first green loan last year for its data center in Seoul, with a KRW 440 billion green financing. This loan complies with the new Green Finance Framework. The company, backed by Stonepeak and with over US$1 billion in deployed and committed capital, aims to transform digital infrastructure in Asia.