Data CentresLindsay SaundersFri 14 Aug 26
ESR Secures $1.3bn to Expand APAC Logistics, Data Centre Pipeline
ESR has secured a $3.1 billion refinancing facility as it looks to expand its logistics and data centre pipeline across Asia-Pacific.
The five-year sustainability-linked facility was initially targeted at US$2 billion (AU$3.1 billion) but was upsized after attracting demand from a global lender syndicate.
The new facility consolidates existing debt into a single multi-currency structure, giving ESR greater flexibility to fund its development pipeline.
The refinancing follows about $1.7 billion in net debt repayment during 2025 as the group continues to simplify its balance sheet.
Australia, Japan and South Korea have been identified as priority growth markets, with ESR’s logistics business advancing an approximately US$9 billion development pipeline.
Its data centre platform has more than 3GW of capacity in its pipeline across Asia-Pacific as demand for infrastructure to support artificial intelligence and cloud computing continues to grow.
The funding comes as access to power, land and data centre capacity becomes an increasing constraint on new digital infrastructure development.
ESR is also continuing to expand its exposure to logistics property, with industrial and logistics demand supported by the growth of e-commerce, supply-chain investment and manufacturing across the region.
Centuria accelerates 250MW-plus AI pipeline
Meanwhile, Centuria and its 50 per cent-owned ResetData are also moving to accelerate a 250MW-plus AI and digital infrastructure pipeline, backed by new debt and equity funding.
ResetData has signed a Master Services Agreement with CDC Data Centres for an initial 7MW allocation at a Centuria data centre, with a letter of intent supporting an increase to 10MW.
GPUs have been ordered for part of the initial deployment, with revenue from the first order expected to commence in the second half of the 2027 financial year.
ResetData is also accelerating about 10MW of capacity within a Centuria data centre, with the potential to fast-track another 20MW.
The group has secured 72MW of dedicated power generation units for Centuria’s data centre developments, with delivery scheduled for 2028.
Centuria said fast-tracking the long-lead power infrastructure, together with the potential to accelerate another 30MW of power capacity, could bring forward deployment timelines by about two years.
ResetData has also secured a $165 million senior bridge financing facility from Macquarie Bank to fund staged Nvidia GPU procurement and deployment across Centuria-owned and third-party facilities.
The facility follows Centuria’s $300-million equity raising completed in June and complements ResetData’s existing Dell Financial Services partnership.
Centuria said customer enquiries continue to exceed ResetData’s near-term sovereign AI compute capacity, with several opportunities progressing through commercial, technical and contracting discussions.
The group has also signed a non-binding memorandum of understanding with an investment-grade customer that could lead to about 2MW of staged capacity being deployed across Centuria-owned data centres.
