Vantage Data Centers, a global provider of hyperscale data center campuses, announced that it has secured a US$64 million (approximately NT$2 billion) loan from CTBC Bank and Cathay United Bank to fund the development of the company’s first data center in Taipei, Taiwan (TPE11). The deal marks the first hyperscale data center financing transaction for a data center operator in Taiwan.
This transaction is Vantage’s first in Taiwan with the two banks. This is the company’s third transaction with CTBC globally and its first with Cathay United, both among the top Taiwanese banks.