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EDB signs $31.2m financing for Akashi's 100MW Astana campus

The first 10MW phase is due in 2027 within a $354 million build.

$31.2MEDB financing for Astana data center

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Vladislav Minkevich · Akashi Data Center · Eurasian Development Bank

At a glance

  1. The 11-hectare campus is designed for 100MW and more than 4,200 racks across 55,000 square meters (592,015 square feet), described in the report as Tier IV quality.
  2. The full project is set to draw $354 million in investment, Data Center Dynamics reported.
  3. For allocators, the material due-diligence questions are tenant and offtake commitments for the first 10MW phase, which accounts for a tenth of the 100MW design.

The Eurasian Development Bank signed an agreement to provide $31.2 million in financing to Akashi Data Center for a data center project in Astana, Kazakhstan, the bank announced this week.

The 11-hectare campus is designed for 100MW and more than 4,200 racks across 55,000 square meters (592,015 square feet), described in the report as Tier IV quality.

The full project is set to draw $354 million in investment, Data Center Dynamics reported. The first phase is about 10MW, a tenth of the design, and is scheduled to launch in 2027.

For allocators, the material due-diligence questions are tenant and offtake commitments for the first 10MW phase, which accounts for a tenth of the 100MW design.

Reported by the Digital Infra desk from Data Center Dynamics. Published . Corrections

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