Adani Group reportedly seeks US$1.5 billion in financing for data center expansion

India's Adani Group is seeking to borrow approximately US$1.5 billion to support its expansion into the data center sector. AdaniConneX Pvt, a joint venture with EdgeConneX, is in discussions with lenders including DBS Group Holdings Ltd, First Abu Dhabi Bank PJSC, and Mitsubishi UFJ Financial Group Inc for an offshore facility. The conglomerate plans to invest around US$100 billion in data centers and other digital infrastructure by 2035.