Intelligent CIO LATAM Issue 18 - Page 12

NEWS

EdgeConneX announces sustainability-linked financing for Latin America

EdgeConneX , a pioneer in global hyperlocal to hyperscale data center solutions , has announced it has secured US $ 150 million in sustainability-linked financing for Latin America .

The loan refinances outstanding indebtedness and is designed to be used as a financing platform for the company ’ s future activity in Latin America , including Chile and Colombia .
The loan facility further promotes EdgeConneX sustainability objectives , incentivizing outperformance on the data centers ’ energy efficiency , renewable energy consumption and environmental certification .
“ This is a landmark transaction in the digital infrastructure space in Latin America , as combined green loan principles and sustainability-linked loan principles are considered to be the first combination sustainability data center financing in the
Latin American market ,” said Joe Harar , CFO at EdgeConneX .
“ This latest funding provides EdgeConneX with the backing necessary to continue its regional expansion in Latin America and to do so in a sustainability-minded way .”
The latest sustainability-linked financing comes after EdgeConneX secured a series of sustainability-linked financings totalling us $ 1.7 billion earlier this year . The financings include EdgeConneX first-ever securitization and multi-currency term loan ( ESG Term Loan ) to further the company ’ s global growth .
These transactions highlight EdgeConneX ’ s commitment to ESG as part of its customers , people and planet core values and environmental stewardship .

Puerto Williams becomes the southernmost city in the world with a 5G connection

in Puerto Williams and students from different high schools in Arica talked and were able to virtually see iconic postcards from both cities .
Juan Carlos Muñoz , Minister of Transport and Telecommunications , said : “ We are seeing how the development of telecommunications allows girls and boys , young people , adults and the elderly , who live in the southernmost part of Chile , to have the same possibilities as a person in Santiago , Arica and even the United States .

Entel has delivered 5G connectivity to

Puerto Williams – the southernmost city on the planet .
This milestone is part of the conclusion of the company ’ s first phase of its 5G project , which has facilitated 270 communities throughout
Chile , from Arica to Puerto Williams , in the Magallanes Region , to enjoy its benefits .
The first video call was made between Puerto Williams and Arica , located 5,600 kilometers away . Fifth grade students from the Donald McIntyre Griffiths High School
“ To have access to the digital world is to have access to knowledge , education , telemedicine and a series of services that significantly improve people ’ s quality of life , therefore , no one can be left out .”
Entel has become the first operator to complete 100 % deployment of the first stage of its 5G network nationwide .
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