• First U.S. corporate to enter Singapore dollar bond market in over five years.
• Funds will enhance energy efficiency and advance Equinix’s global sustainability strategy.
• Supports Singapore’s National AI Strategy and Green Plan 2030.

Equinix successfully issued SGD 500 million in green bonds, marking its inaugural entry into Singapore’s bond market and the first such issuance by a U.S. corporate in over five years.

The bonds, 3.50% senior notes due in 2030, closed on March 13, 2025, bringing Equinix’s global green bond issuances to approximately US$7.3 billion.

Funds raised will finance or refinance “Eligible Green Projects,” including sustainable infrastructure, renewable energy, resource conservation, and decarbonization solutions. Equinix’s projects focus on maximizing energy efficiency and reducing greenhouse gas emissions, aligned closely with its Future First sustainability strategy.

“As AI adoption accelerates, advancing energy efficiency and integrating the latest sustainability innovations at our data centers becomes increasingly critical,” said Yee May Leong, Managing Director, Singapore, Equinix. “The issuance of our inaugural green bonds in Singapore underscores our commitment to designing and building energy-efficient infrastructure and reducing our carbon footprint.”

Equinix’s recent initiatives, such as its SG5 facility, embody innovative sustainable design, achieving an industry-leading PUE of 1.32 for the Asia-Pacific region and using Singapore’s NEWater reclaimed water. SG5 holds the prestigious BCA-IMDA Green Mark Platinum certification.

Equinix also achieved the highest rating on CDP’s Climate Change A List in 2024, underscoring its transparency and climate leadership.

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DBS Bank and Standard Chartered served as Joint Global Coordinators and Lead Managers, while HSBC and OCBC acted as Joint Lead Managers. DBS Bank was the sole Green Bond Structuring Agent.

“With demand for digital services like e-commerce and artificial intelligence expected to surge, developing innovative and efficient data centers will be integral towards enabling a sustainable future,” said Clifford Lee, Global Head of Investment Banking, DBS Bank. “This issuance also underscores the vital role capital markets play in advancing a greener digital economy.”

“By leveraging our deep investor connectivity in Asia, we were thrilled to support Equinix in achieving this milestone transaction,” said Maria-Lisa Farmakidis, Executive Director at Standard Chartered. “This successful debut offering not only establishes Equinix’s presence in the Singapore dollar bond market but also paves the way for future issuances.”

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