SingTel secures $476 million green loan to develop data centre

A Singtel booth is pictured at the Money 20/20 Asia Fintech Trade Show in Singapore March 21, 2019. REUTERS/Anshuman Daga/File Photo

(Reuters) - Singapore Telecommunications (SingTel) said on Friday that it had secured a S$643 million ($476.16 million) green loan to finance the development of a new 58 megawatt (MW) data centre in the city-state.

Lenders DBS Group, OCBC, Standard Chartered, HSBC, and United Overseas Bank have financed the five-year loan, SingTel said in a statement.