+
AdaniConneX Plans to Raise $900-950 Million
ECONOMY & POLICY

AdaniConneX Plans to Raise $900-950 Million

AdaniConneX, a joint venture between Adani Enterprises and EdgeConneX, is in talks with banks to raise between $900 million and $950 million. The funds will be utilised to support the expansion and development of data centre infrastructure across India.

The discussions come as AdaniConneX aims to capitalise on the growing demand for data centre services in India, driven by increasing digitalization and the adoption of cloud computing technologies. The funds raised will enable the company to accelerate the deployment of data centre facilities and meet the evolving needs of businesses and consumers for reliable and secure data storage solutions.

AdaniConneX's strategic partnership with EdgeConneX, a leading provider of data centre solutions globally, positions it as a key player in India's rapidly expanding data centre market. The joint venture combines Adani's extensive infrastructure capabilities and EdgeConneX's expertise in deploying and operating data centres to deliver world-class facilities across the country.

The planned fundraising underscores AdaniConneX's commitment to supporting India's digital transformation agenda and contributing to the development of robust data infrastructure in the country. By leveraging innovative technologies and strategic partnerships, the company aims to establish itself as a preferred provider of data centre services in the Indian market.

As discussions with banks progress, AdaniConneX remains focused on securing the necessary funding to fuel its growth ambitions and address the increasing demand for data centre capacity in India. The planned capital raise reflects the company's confidence in the long-term prospects of the Indian data centre industry and its commitment to driving innovation and excellence in the sector.

AdaniConneX, a joint venture between Adani Enterprises and EdgeConneX, is in talks with banks to raise between $900 million and $950 million. The funds will be utilised to support the expansion and development of data centre infrastructure across India. The discussions come as AdaniConneX aims to capitalise on the growing demand for data centre services in India, driven by increasing digitalization and the adoption of cloud computing technologies. The funds raised will enable the company to accelerate the deployment of data centre facilities and meet the evolving needs of businesses and consumers for reliable and secure data storage solutions. AdaniConneX's strategic partnership with EdgeConneX, a leading provider of data centre solutions globally, positions it as a key player in India's rapidly expanding data centre market. The joint venture combines Adani's extensive infrastructure capabilities and EdgeConneX's expertise in deploying and operating data centres to deliver world-class facilities across the country. The planned fundraising underscores AdaniConneX's commitment to supporting India's digital transformation agenda and contributing to the development of robust data infrastructure in the country. By leveraging innovative technologies and strategic partnerships, the company aims to establish itself as a preferred provider of data centre services in the Indian market. As discussions with banks progress, AdaniConneX remains focused on securing the necessary funding to fuel its growth ambitions and address the increasing demand for data centre capacity in India. The planned capital raise reflects the company's confidence in the long-term prospects of the Indian data centre industry and its commitment to driving innovation and excellence in the sector.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code