Kao Data Secures Significant Debt Financing to Propel Cloud, AI, and Financial Service Developments, and Expand KLON-06 Data Centre

Kao Data Secures Significant Debt Financing to Propel Cloud, AI, and Financial Service Developments, and Expand KLON-06 Data Centre

Kao Data Secures Substantial Debt Financing to Propel Strategic Developments

In a significant move, Kao Data, led by CFO Matthew Harris, has successfully secured substantial debt financing.

The funding is earmarked to expedite the company’s new contracted developments, particularly in the realms of cloud services, artificial intelligence (AI), and financial services.

Additionally, the funds will contribute to the build-out of the KLON-06 data centre.

Kao Data’s Focus on AI and Advanced Computing

Kao Data specializes in the development and operation of data centres engineered specifically for AI and advanced computing.

With a data centre portfolio exceeding 160MW of IT load, encompassing operational, under development, and planned facilities, the company maintains a commitment to the highest standards of energy efficiency, sustainability, and Environmental, Social, and Governance (ESG) credentials.

Fueling Growth Across Operational and Planned Assets

The newly secured financing is poised to fuel growth not only across Kao Data’s operational assets but also in its strategic expansion plans across the UK and Europe.

The company’s vision for growth aligns with its establishment of a new capital structure in late 2023, involving key shareholders Infratil Ltd, Legal & General Capital, and Goldacre Noé Group.

This capital structure provides the framework for incremental equity investment to further accelerate Kao Data’s strategic growth plans.

Positioning for Success in Cloud, AI, and Financial Services

Kao Data’s strategic move to secure substantial debt financing positions the company at the forefront of developments in cloud services, AI, and financial services.

The investment not only underlines the company’s commitment to excellence in data management but also fortifies its capabilities to meet the evolving needs of industries reliant on cutting-edge computing technologies.