Equinix issues $500m green bonds
This is the group’s first green bonds in Singapore.
Data centre developer Equinix has announced the issuance of $500m in green bonds, an inaugural offering in the Singapore market.
The $500m green bonds will have a 3.50% senior notes due 2030. Offering closed on 13 March 2025.
Including this latest issuance, Equinix has issued a total of approximately US$7.3b of green bonds globally.
Equinix plans to allocate an amount equal to the net proceeds from the green bonds to finance or refinance, in whole or in part, recently completed or future Eligible Green Projects. Equinix's allocation strategy includes covering project expenditures up to two years before the issuance of the green bonds and three years following the green bond issuance.
Equinix said these projects span a wide range of impactful categories—from green building development and renewable energy innovations to advanced energy efficiency, resource conservation and cutting-edge decarbonisation solutions.
“As AI adoption accelerates, advancing energy efficiency and integrating the latest sustainability innovations at our data centres becomes increasingly critical. The issuance of our inaugural green bonds in Singapore underscores our commitment to designing and building energy-efficient infrastructure, and reducing our carbon footprint,” said Yee May Leong, Managing Director, Singapore, Equinix.