Home/Deal Room/STT GDC secures $1.37B for Johor data-center campus

Financing · Evidence brief

STT GDC secures $1.37B for Johor data-center campus

ST Telemedia Global Data Centres + United Overseas Bank Malaysia + OCBC Bank Malaysia + Standard Chartered Bank Malaysia + CIMB Bank

Primary sourcePress release only2026-08-13
Deal structureGreen financing facility / data-center campus development financing
GeographyNusa Cemerlang Industrial Park, Iskandar Puteri, Johor, Malaysia
Infrastructure layersFinancing + data centers + cloud capacity + power infrastructure
Disclosed scaleUp to $1.37B (MYR 5.6B) of green financing supporting Phase 1 and continued development of a campus planned for up to 166 MW of IT load

Why it matters

The strategic read

Puts a committed bank-financing package behind one of Johor's larger AI-ready campuses rather than leaving the project as an unfunded capacity plan. The four-bank facility gives STT GDC capital to advance a 166 MW flagship campus positioned for cloud, AI and high-performance-computing demand near Singapore.

Source-supported terms

What was disclosed

  1. 01

    STT GDC secured a green financing facility of up to $1.37B / MYR 5.6B for development of its STT Johor campus.

  2. 02

    The package includes a Green Loan Facility for Phase 1 of the campus.

  3. 03

    United Overseas Bank Malaysia served as sole coordinator and mandated lead arranger.

  4. 04

    OCBC Bank Malaysia, Standard Chartered Bank Malaysia and CIMB Bank also served as mandated lead arrangers.

  5. 05

    STT Johor is located at Nusa Cemerlang Industrial Park in Iskandar Puteri and is planned for up to 166 MW of IT load.

  6. 06

    The campus is intended to serve cloud, AI, high-performance-computing and other next-generation digital workloads.

  7. 07

    STT GDC says the financing positions it to progress subsequent phases with government, utility and ecosystem stakeholders.

Disclosure boundary

What is known—and what is not

Green financing facility secured. The primary issuer release identifies the maximum facility size, Phase 1 green-loan purpose, arranging banks, campus location, planned IT load and intended workload classes. Public materials do not disclose drawn amounts, maturity, interest rate, covenants, security package, construction budget, phase-by-phase capacity, tenant commitments, power procurement, utility interconnection terms, contractor awards, delivery schedule or conditions for advancing the full facility.