LOGOS raising $800m for green data centre venture, IFC to invest up to $460m

LOGOS raising $800m for green data centre venture, IFC to invest up to $460m

Photo by Jordan Harrison on Unsplash

LOGOS Group, one of Asia Pacific’s leading logistics property groups, is raising more than $800 million for a green data centre venture that will develop, own, and lease “green certified” data centre assets in the region.

The group will commit $50 million to the venture and will raise about $800 million more from reputable institutional investors, according to a disclosure by International Finance Corporation (IFC), a member of the World Bank Group.

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