Intelligent Data Centres Issue 51 | Page 26

PROJECT FOCUS
1 . CANADA

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Cologix , a leading network-neutral interconnection and hyperscale Edge data centre company , has announced that it closed the issuance of CAD $ 195 million in secured notes through a private placement transaction with a syndicate of institutional investors . This transaction represents Cologix ’ s third successful asset-backed securitisation since December 2021 and the company ’ s second securitisation of its Canadian assets . The new secured notes have a fixed interest rate and provide additional liquidity to expand capacity in Cologix ’ s ScalelogixSMand digital Edge data centre portfolio in the Canadian market , including Montréal , Toronto and Vancouver .

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2 . AFRICA
Raxio , Roha and Meridiam have announced that they have successfully secured a sustainabilitylinked debt facility of up to US $ 170 million in multiple tranches for Raxio Data Centres , a leading pan-African data centre developer and operator . The financing package includes US $ 110 million from Proparco and the Emerging Africa Infrastructure Fund ( EAIF ), a Private Infrastructure Development Group ( PIDG ) company . The financing will enable Raxio to progress with its ambitious rollout strategy of state-of-the-art , highly reliable and efficient Tier III certified , data centre infrastructure across the continent .
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