A-FLOW Secures Initial USD $41.2M Loan to Build Largest Carrier-Neutral Data Centre in the Philippines
The Three-Building Facility Is Targeted to Be Ready for Service by the End of the Year.
A-FLOW Properties I Corp., a joint venture between Ayala Land, Inc. (ALI) subsidiary AyalaLand Logistics Holdings Corp. (ALLHC), and FLOW Digital Infrastructure, and Land Bank of the Philippines (LANDBANK) have announced funding for the development of the first A-FLOW data centre campus to be located in Biñan, Laguna in the Philippines.
The signing of a ₱2.4 billion (USD $41.2 million) loan agreement representing Tranche 1 of a ₱10.8 billion (USD $171 million) 10-year loan. The signing of the loan facility agreement underscores the mutual commitment to advancing the nation’s digital infrastructure and supporting the Philippines’ transition towards a more digitally integrated economy.
The loan facility is specifically intended for the development of the initial phase of the first A-FLOW data centre campus located in Biñan, Laguna. Currently under construction, the 6MW-IT capacity Phase 1A of the three-building data centre campus project is targeted to be ready for service by the end of the year.
Amandine Wang, President at A-FLOW, said, “This agreement marks a significant step forward in our shared commitment to develop the largest carrier-neutral data centre campus in the Philippines. We are excited to build an ecosystem to attract a combination of international hyperscale customers and local enterprise customers.”
A-FLOW, LANDBANK Collaboration Is Crucial to the Philippines’ Digitalisation Efforts
Ma. Lynette V. Ortiz, President and CEO at LANDBANK, emphasised the importance of collaborating with key stakeholders, saying, “Beyond our work with various government agencies, we recognise that partnering with key players like A-FLOW is essential for advancing national development. In this era of rapid digitalisation, we are likewise ready to drive investments into the local data center market, alongside other sectors contributing to our nation’s technological progress,” she said.
Ortiz further commented: “This is the first data centre project financed by LANDBANK, and with this new partnership, we are confident that this project will yield significant economic benefits.”
Anna Ma. Margarita B. Dy, President and CEO at ALI and Chairperson at ALLHC added that digital transformation, cloud computing, and Artificial Intelligence are technologies that require robust and scalable data centre solutions.
“Ayala Land is proud to be participating in this new opportunity leveraging our land and our lucrative abilities to contribute to the country’s move towards a digital economy,” Dy said. “Like any other infrastructure project, capital is key. So, we thank LANDBANK for the ₱10.8 billion loan facility to A-FLOW, a critical enabler for this project.”
A-FLOW’s partnership with LANDBANK enables both companies to capitalise on each other’s strengths, marking a shared vision of fostering innovation and sustainable growth. This milestone collaboration underscores the importance of public-private partnerships in serving the country and achieving the nation’s development goals.
