Singtel’s regional data centre arm, Nxera DCT Pte Ltd., has secured a S$643 million green loan to finance its new 58MW data centre, DC Tuas, located in Singapore. The five-year green loan from a group of major banks, including DBS, OCBC, Standard Chartered, HSBC, and UOB, will support the development and capital expenditure of the project.

A Green Milestone for DC Tuas

The DC Tuas data centre will become Singapore’s most hyper-connected green centre, earning Green Mark Platinum certification. The Building and Construction Authority and Infocomm Media Development Authority certification embodies the centre’s sustainable design and operations. DC Tuas will also feature the most advanced technologies, next-generation liquid cooling systems to meet the rising demands of high-intensity computing and AI workloads.

Arthur Lang, Singtel Group’s CFO, said, “DC Tuas will feature a green design and build, as well as next-generation liquid cooling systems, making it ideal for meeting the demand from enterprises for high intensity compute and AI workloads.”

He added, “Sustainability is a core part of our data centre business, and we are committed to developing and growing the industry’s most sustainable, next-generation digital assets. This loan will enable us to support Singapore’s digital economy while reducing our carbon footprint in keeping with our net zero goals.”

Commitment to Sustainability and Net-Zero Emissions

Nxera is working toward net-zero emissions by 2028 and plans to integrate sustainability across all its operations. Additionally, the centre will incorporate a highly efficient chilled water system, water recycling features, and sustainable cooling solutions to maximize water and energy efficiency.

Also read: Cloverleaf Infrastructure Secures $300 Million for Clean-Powered Data Centres 

Aligning Financing with Sustainability Goals

This green loan aligns with Singtel’s sustainable financing program, Olives, which ties its financing initiatives to long-term sustainability objectives. This loan builds on Singtel’s previous success, following a S$535 million green loan secured in December 2023 to support the operations of its DC West and DC Kim Chuan data centres.

Kosmos Energy, a leading independent deepwater exploration and production company, announced the first liquefied natural gas (LNG) production at the bp-operated Greater Tortue Ahmeyim (GTA) LNG project located offshore Mauritania and Senegal. This is a significant milestone in the development of the project.

Start of Gas Flow and Liquefaction Process

On December 31, 2024, the first phase of GTA witnessed gas flow from the wells to the FPSO. This is one of the key steps towards commissioning the facility. The team cleans and removes condensate, water, and impurities at the FPSO then transfers this to the floating LNG vessel where it is subjected to liquefaction.

First LNG Delivered and Revenue Generation Set to Begin

The LNG liquefaction process has now begun, with Kosmos Energy set to recognize gas entitlement production from this project in its upcoming quarterly statements. Additionally, BP notified the off-taker (BP Gas Marketing Ltd.) of the upcoming arrival of the first LNG cargo later this quarter. This event marks the point at which Kosmos will start to recognize revenue and generate cash flow from the project.

Also read: Mozambique’s Plan to Combine LNG Production and Carbon Sequestration

Kosmos Energy’s Chairman and CEO, Andrew G. Inglis, stated that the achievement of first LNG marked another significant milestone for Kosmos, the GTA partnership, and the governments of Mauritania and Senegal. He expressed anticipation for the accelerated ramp-up of LNG production and the first LNG cargo lifting in the upcoming first quarter.

Furthermore, GTA LNG will play a key role in the future energy landscape of Mauritania, Senegal, and the broader region. Kosmos Energy will see a significant revenue boost as production increases in the coming months.