Inaugural Singaporean Green Bonds issuance for Equinix underscores its commitment to furthering sustainable innovation
SINGAPORE – March 18, 2025 – Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company®, today announced its issuance of S$500 million in green bonds in its inaugural offering in the Singaporean market. Equinix’s debut issuance marks the first U.S. corporate to access the Singapore dollar market in over 5 years. Equinix will utilize the green bonds to advance its longstanding commitment to sustainability, and to further the operational efficiency of its portfolio.
Equinix issued S$500 million 3.50% senior notes due 2030. The offering closed on March 13, 2025. Including this latest issuance, Equinix has issued a total of approximately US$7.3 billion of green bonds globally.
“As AI adoption accelerates, advancing energy efficiency and integrating the latest sustainability innovations at our data centers becomes increasingly critical. The issuance of our inaugural green bonds in Singapore underscores our commitment to designing and building energy-efficient infrastructure, and reducing our carbon footprint,” said Yee May Leong, Managing Director, Singapore, Equinix. “Equinix has always been a strong proponent of Singapore’s National AI Strategy and Green Plan 2030, and this milestone reinforces our dedication to advancing the nation’s AI vision responsibly and sustainably through our vibrant AI marketplace.”
Equinix intends to allocate an amount equal to the net proceeds from the green bonds to finance or refinance, in whole or in part, recently completed or future Eligible Green Projects. Equinix's allocation strategy includes covering project expenditures up to two years before the issuance of the green bonds and three years following the green bond issuance. These projects, which form the backbone of the company's sustainability mission, span a wide range of impactful categories—from green building development and renewable energy innovations to advanced energy efficiency, resource conservation and cutting-edge decarbonization solutions.
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Supporting Quotes
Clifford Lee, Global Head of Investment Banking, DBS Bank
“DBS is pleased to have supported Equinix for its debut issuance of Singapore’s bond market. With demand for digital services like e-commerce and artificial intelligence expected to surge in the coming years, developing innovative and efficient data centers will be integral towards enabling a sustainable future. As the first green bond by a foreign non-financial corporate issuer in Singapore, this issuance also underscores the vital role capital markets play in advancing a greener digital economy, as well as Singapore’s growing capabilities as a regional sustainable financing hub.”
Maria-Lisa Farmakidis, Executive Director of North America Debt Capital Markets at Standard Chartered
“By leveraging our deep investor connectivity in Asia, we were thrilled to support Equinix in achieving this milestone transaction. This successful debut offering not only establishes Equinix’s presence in the Singapore dollar bond market, but also paves the way for future issuances.”
Additional Resources
About Equinix
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company®. Digital leaders harness Equinix’s trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.
Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. These forward-looking statements include, but are not limited to, statements about Equinix's intent to allocate an amount equal to the net proceeds from the green bonds to finance, or refinance, a portfolio of Eligible Green Projects; the effective coupon rates on the green bonds as a result of hedging; the intended impact of Equinix's Green Finance Framework; Equinix's long-term sustainability goals; and similar statements that are not historical facts. Please see recent and upcoming Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix, for factors that might cause such differences. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
Media Contact (Asia-Pacific)
Equinix
Annie Ho
annho@ap.equinix.com
Media Contact (Singapore)
TEAM LEWIS
Geneva Pichay
+65 9648 4254
equinixSG@teamlewis.com