Story image

AirTrunk doubles down on Australian hyperscale data centres

AirTrunk, a specialist in hyperscale data centres, has successfully completed an AU$850 million financing process to fund a major expansion of its Australian data centres in Sydney and Melbourne, and across key Asia-Pacific markets. 

The expansion has been driven by strong customer demand for hyperscale data centre solutions.

Deutsche Bank is the lead arranger, underwriter and sole book runner for the new senior secured debt facilities. 

The financing will be the largest by a data centre company in Australia.

AirTrunk founder and CEO, Robin Khuda, and shareholders, Goldman Sachs and TSSP, have also contributed new capital to support the expansion plans. 

Khuda comments, “We saw a substantial amount of global interest in AirTrunk throughout the process, and are delighted to complete this financing arrangement with Deutsche Bank. 

“Together with the new capital recently contributed by our shareholders, the new funds put us in a strong position to meet the growing demand from large cloud, content and enterprise customers in the Asia-Pacific region.”

AirTrunk opened its two Australian data centres last year – AirTrunk Sydney in September and AirTrunk Melbourne in November. 

The two facilities are set to be the largest independent data centres in the Asia-Pacific region when completed at 90 megawatts and 84 megawatts respectively.

“AirTrunk continues to pursue its ambition to be the leader in hyperscale data centres for the region.” 

Khuda adds, “The expansion in Australia will establish AirTrunk as the largest data centre operator in Australia by deployed capacity and we continue to pursue aggressive growth opportunities across the Asia-Pacific region.”

AirTrunk is a hyperscale data centre specialist creating a platform for cloud, content and large enterprise customers across the Asia-Pacific region.

AirTrunk is a private company that is supposedly well capitalised to fund its development of data centres across Asia Pacific.

Disruption in the supply chain: Why IT resilience is a collective responsibility
"A truly resilient organisation will invest in building strong relationships while the sun shines so they can draw on goodwill when it rains."
The disaster recovery-as-a-service market is on the rise
As time progresses and advanced technologies are implemented, the demand for disaster recovery-as-a-service is also expected to increase.
Cohesity signs new reseller and cloud service provider in Australia
NEXION Networks has been appointed as an authorised reseller of Cohesity’s range of solutions for secondary data.
The key to financial institutions’ path to digital dominance
By 2020, about 1.7 megabytes a second of new information will be created for every human being on the planet.
Proofpoint launches feature to identify most targeted users
“One of the largest security industry misconceptions is that most cyberattacks target top executives and management.”
What disaster recovery will look like in 2019
“With nearly half of all businesses experiencing an unrecoverable data event in the last three years, current backup solutions are no longer fit for purpose."
NVIDIA sets records with their enterprise AI
The new MLPerf benchmark suite measures a wide range of deep learning workloads, aiming to serve as the industry’s first objective AI benchmark suite.
McAfee named Leader in Magic Quadrant an eighth time
The company has been once again named as a Leader in the Gartner Magic Quadrant for Security Information and Event Management.