Vantage Data Centers, a global provider of hyperscale data center campuses, announced on March 4, 2024, that it has secured a US$64 million loan from CTBC Bank and Cathay United Bank to fund the development of its first data center in Taipei, Taiwan. This marks the first hyperscale data center financing transaction for a data center operator in Taiwan. The new data center, expected to open in mid-2024, will deliver 16MW of IT capacity across a 215,000 square foot facility. This development is part of Vantage's efforts to serve hyperscalers, cloud providers, and large enterprises as the region becomes a major digital infrastructure hub.