At a glance
- The facility is underwritten by six banks: Affin Bank, HSBC, Maybank, OCBC, Standard Chartered and UOB.
- For allocators underwriting Johor capacity, the financing works out to about $6.5 million per megawatt of planned capacity, with 148MW still to be built.
- PDG said the financing sits under its Green Finance Framework and supports development in line with green building standards.
Princeton Digital Group secured about $1.3 billion (RM 5.1 billion) in green financing for JH1, a 200MW data center campus in Johor, Malaysia, the company said this week.
The facility is underwritten by six banks: Affin Bank, HSBC, Maybank, OCBC, Standard Chartered and UOB. Proceeds go to the continued development and expansion of the campus, whose first 52MW phase was completed in July 2025. Pricing and tenor were not disclosed.
For allocators underwriting Johor capacity, the financing works out to about $6.5 million per megawatt of planned capacity, with 148MW still to be built.
PDG said the financing sits under its Green Finance Framework and supports development in line with green building standards.
PDG's Johor campus: $1.3B for 200MW
Green financing, planned capacity and build-out for the JH1 campus in Johor, Malaysia, announced this week
Reported by the Data centers & fiber desk from Data Center Dynamics. Published . Corrections