Key facts
- AirTrunk is investing an additional $1 billion in its Japan data center campus.
- The investment will enable the deployment of liquid-cooling technology for AI workloads.
- The TOK1 campus in Inzai, Japan, is designed to support over 300MW of capacity.
- AirTrunk secured a $1.24 billion green loan for the TOK1 campus development.
- This financing is the largest data center loan ever completed in Japan.
- AirTrunk's total investment in Japan has exceeded $8 billion.
AirTrunk, a hyperscale data centre operator backed by Blackstone, is investing an additional $1 billion in its data centre campus in Inzai, Japan, to support artificial intelligence (AI) workloads. The expansion will involve deploying liquid-cooling technology, a first for large-scale AI deployment at the TOK1 campus.
This investment comes as geopolitical factors are driving increased demand for data centre capacity in Japan from North Asian customers. AirTrunk's CEO, Robin Khuda, noted that deploying AI infrastructure is becoming increasingly challenging in the US and Europe, positioning Asia as a significant beneficiary.
AirTrunk has secured a JP¥191.6 billion (US$1.24 billion) green loan, the largest data centre financing ever completed in Japan, to support the continued development of its TOK1 campus. This financing will cover existing facilities and future development capex, enabling the campus to scale to over 300MW for cloud and AI workloads.
Twelve banks participated in the financing, led by SMBC, MUFG, Crédit Agricole CIB, and Société Générale. AirTrunk's total investment in Japan now exceeds $8 billion, with plans for four campuses (TOK1, TOK2, OSK1, and OSK2) to deliver approximately 530MW of capacity for cloud and AI workloads.