PROJECT

Projects

Summary of Investment Information

Project Number

49145

Company Name

Yellowwood Properties Sdn Bhd

Date SPI Disclosed

Dec 8, 2023

Country

Malaysia

Region

East Asia and the Pacific

Projected Board Date

Jan 11, 2024

Environmental Category

B - Limited

Status

Active

Last Updated Date

Apr 14, 2024

Department

Regional Industry - INF Asia & Pac

Industry

Telecommunications and Technology

Previous Events

Approved : Mar 11, 2024
Signed : Mar 27, 2024
Invested : Apr 12, 2024

Sector

Internet Access Providers (Including ISPs, Datacenters)

Project Description

The project consists of up to US$150 million loan to finance the construction and putting into service of Yondr Group LP’s (“YONDR” or the “Sponsor”) 96 MW greenfield hyperscale data center in Johor Bahru, Malaysia (the “Project”). YONDR is an international data center developer, owner, and operator with strong relationships with hyperscalers globally. The Project will be implemented through YONDR’s 100%-owned special purpose vehicle, Yellowwood Properties Sendirian Berhad (“Yellowwood”, the “Company”, or the “Borrower”).

Associated Advisory Engagement

As part of the engagement, IFC will also support YONDR in obtaining EDGE certification for the Project.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation