DLA Piper, and Baker McKenzie advised on THB 28 billion green financing for DayOne Data Center’s Thailand project.
DayOne Data Centers’ subsidiary in Thailand secured a THB 28 billion (approximately USD 770 million) green financing facility for the development of a hyperscale data center campus at Chonburi Tech Park, within the Amata City Chonburi Industrial Estate.
The financing, provided by a syndicate of six local and international commercial banks, represents one of the largest green loan transactions of its kind in Thailand. The proceeds will be used to fund the development, construction, and operation of a multi-building data center campus, supporting Thailand’s ambition to become a regional digital infrastructure hub. The financing incorporates green loan principles and includes bespoke structural features typical of large-scale project financings in the data center sector.
DLA Piper advised DayOne Data Centers’ subsidiary in Thailand. The firm acted as lead counsel to the borrower and sponsor across all aspects of the project financing, working with six local and international commercial banks.
The team was led by Partner, Head of the Asia Finance practice and Country Managing Partner for Thailand, Waranon (Warren) Vanichprapa, supported by Senior Associate Pattadon Tejapaibul, and Associate Fuengfha Vangvasu.
Baker McKenzie advised the lender syndicate on the transaction.
The team was led by Head of Energy & Infrastructure, Bangkok, Viroj Piyawattanametha, and Partner Tatcha Thumpramoth (Energy & Infrastructure, Bangkok), with key contributions from Hongrat Jungwanitchakun, Roypim Ransigutta, and Panisa Daochai.
The deal reporting on this platform is based on the information received from law firms, and therefore, some details may be missing/incomplete. If your firm has not been credited for this deal, write to us at chanchal.makhija@thegreymatter.co.in mentioning your firm’s name, lawyers involved (including designation) and client represented.
