ST Telemedia Global Data Centres Expands Indonesia Financing Platform to Support STT Jakarta Campus Growth and First Green Term Loan Tranche

Upsized dual-currency facility of IDR 8.8 trillion (~USD 500 million) strengthens STT Jakarta campus expansion and introduces Company’s inaugural green loan tranche in Indonesia

SINGAPORE and JAKARTA, Indonesia, 2 June 2026 – ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest-growing data centre colocation service providers headquartered in Singapore, today announced the successful expansion of its Indonesia financing platform, supporting the continued development of the STT Jakarta data centre campus, including STT Jakarta 3. The upsized dual-currency facility of IDR 8.8 trillion (approximately USD 500 million) includes a maiden green term loan tranche, marking the Company’s first green financing in Indonesia.

The transaction builds on STT GDC Indonesia’s existing secured term loan, revolving credit and trade facilities, which were recognised at the FinanceAsia Achievement Awards 2025 as the Best Structured Finance Deal (Indonesia). The expanded financing platform enhances flexibility and scalability, supporting the long-term development of a multi-asset campus structure across STT Jakarta 1 to 3.
“This transaction marks the next evolution of our Indonesia financing platform, enabling us to support continued expansion of the STT Jakarta campus while introducing our first green loan tranche in the market. It reflects our long-term commitment to Indonesia, disciplined capital planning, and our focus on delivering scalable, sustainable digital infrastructure to meet accelerating demand for cloud, AI and high-performance computing workloads,” said Nelson Lim, Group Chief Financial Officer, ST Telemedia Global Data Centres.

The green tranche will be deployed to support the construction of STT Jakarta 3, located in Cikarang, Bekasi. The facility forms part of the broader STT Jakarta campus which will support more than 360MW in IT capacity once fully built out and is designed to meet increasing demand for cloud, AI and high-performance computing workloads in Indonesia. STT Jakarta 3 is designed with the flexibility to support both liquid and advanced air-cooling architectures, enabling next-generation workloads at higher densities.

Designed in line with defined sustainability performance criteria, STT Jakarta 3 is targeting a power usage effectiveness (PUE) of 1.30 and LEED Gold certification, and will deploy an ultra-low Global Warming Potential (GWP) cooling system. The green tranche is aligned with the Green Loan Principles developed by the Asia Pacific Loan Market Association (APLMA), Loan Market Association (LMA) and the Loan Syndications and Trading Association (LSTA) and relevant sustainable finance taxonomies, reinforcing STT GDC’s commitment to integrating sustainability considerations into its financing approach.

The dual-currency structure, comprising USD and IDR components, enhances funding flexibility and supports efficient deployment across the development lifecycle of the campus. The facility also incorporates features that provide capacity for future expansion, enabling STT GDC to scale in step with customer demand without requiring structural renegotiation.

The financing received strong support from STT GDC Indonesia’s relationship banks, reflecting continued lender confidence in the Company’s credit profile and long-term development strategy. The financing was arranged by PT Bank OCBC NISP Tbk, PT Bank HSBC Indonesia and PT Bank Negara Indonesia (Persero) Tbk,  Oversea-Chinese Banking Corporation Limited and PT Bank OCBC NISP Tbk (collectively, OCBC) also acted as Coordinating Banks, Sole Green Coordinator and Facility Agent.

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