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Adani Group Secures $800M Data Center Loan

Bloomberg Markets •
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Indian conglomerate Adani Group has secured a loan of about $800 million from a group of overseas lenders to help fund its push into data centers, according to people familiar with the matter. The financing comes as the United States has recently dropped criminal charges against the group, a development that analysts say could improve its access to foreign capital. The loan is expected to support the construction of new data center facilities in India and potentially in neighboring markets, where demand for cloud and edge computing services is growing rapidly.

Adani’s data‑center strategy is part of a broader diversification move away from its traditional power and infrastructure businesses. The company will use the funds to acquire land, build facilities, and invest in the necessary technology infrastructure. Analysts note that the loan’s size and the timing of the U.S. charges’ dismissal could signal a broader shift in the group’s international relationships, and may encourage other financial institutions to consider lending to the conglomerate.

The loan is structured as a syndicated facility with terms that include a 4.5% interest rate and a five-year maturity. The consortium of lenders includes banks from the United Kingdom, United Arab Emirates, and Singapore, reflecting global confidence.