Digital Edge, B.Grimm Get $880 Million Thailand Data Center Loan

Asian data center operator Digital Edge and Thai power producer B.Grimm Power Pcl have signed an $880 million loan for a data center project in Thailand, according to people familiar with the matter.

The financing from international and local lenders will go into developing the 100 megawatt BKK Campus near Bangkok, the people said, asking not to be identified because the information is private. An agreement may get announced as soon as Wednesday, the people said.

Digital Edge and B.Grimm said last June they would jointly investabout $1 billion in the data center, which they expect to begin commercial ...