Bank DBS Indonesia and Bank UOB Indonesia arrange IDR1.7T club green loan for Princeton Digital Group’s data center campus | Bahasa
The state-of-the-art data center incorporates advanced energy-efficient technologies and renewable energy integration to meet the growing demand for high-performance and environmentally responsible data solutions. In recognition of its sustainable design and operations, the data center has been awarded the Building and Construction Authority (BCA) and the Infocomm Media Development Authority (IMDA) Green Mark Platinum certification, making it the first data center of its scale to achieve this certification in the country.
Lim Chu Chong, President Director, PT Bank DBS Indonesia said, “As a trusted bank for business growth, our partnership with Princeton Digital Group underscores Bank DBS Indonesia’s commitment to sustainable innovation. By supporting a data center that prioritizes energy efficiency and responsible resource management, we reinforce our Environmental, Social, and Governance (ESG) agenda while enabling businesses to transition to greener operations with reliable and secure digital infrastructure. In line with Bank DBS Indonesia’s first pillar of sustainability, Responsible Banking, this collaboration reflects our dedication to creating a positive environmental impact while providing best-in-class banking solutions and supporting a more resilient, sustainable digital infrastructure. All these efforts are aligned with our aspiration to be the 'Best Bank for a Better World'.”
The loan is structured in alignment with the Asia Pacific Loan Market Association’s Green Loan Principles (GLP) and PDG’s Green Finance Framework (GFF), ensuring that the financing supports projects with clear impact, transparency, and responsible use of proceeds. This transaction further reinforces Bank DBS Indonesia’s leadership in sustainable finance, having been recognized as Indonesia’s Best Bank for ESG at Euromoney's Awards for Excellence 2024.
Mr Hendra Gunawan, President Director, UOB Indonesia said, “We believe that sustainable financing is key to shaping a better future for Indonesia and the region. The partnership with Princeton Digital Group aligns with our commitment to supporting businesses that embrace responsible environmental practices. As one of Asian’s leading banks, UOB is dedicated to enabling businesses to transition towards more sustainable operations while fostering economic growth. By financing green data centers like JC2, we are helping build the sustainable digital infrastructure needed for a low carbon economy.”
Niall Hannigan, Chief Financial Officer of PDG said, "This green loan facility represents a strategic alignment between our financial objectives and sustainability commitments. Through our collaboration with Bank DBS Indonesia and Bank UOB Indonesia, we have secured the capital needed to build our AI-ready infrastructure while maintaining a strong commitment to environmental responsibility and sustainable finance. As we scale our operations, integrating sustainable practices into our financial strategy remains a cornerstone of our long-term vision for resilient digital infrastructure."
This club loan highlights the strong partnership between financial institutions and technology companies in advancing sustainable infrastructure development. It also underscores Bank DBS Indonesia’s leadership in supporting environmentally responsible projects and PDG’s role in shaping the future of sustainable data centers. Meanwhile, it underpins UOB Indonesia’s commitment to financing projects that contribute to Indonesia’s and ASEAN’s long-term environmental goals, strengthening the region’s position as a leader in sustainable growth.
About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 16 consecutive years from 2009 to 2024.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.
Established in 1989 as part of the Singapore-based DBS Group, PT Bank DBS Indonesia (Bank DBS Indonesia) is one of the banks with the longest history in Asia. Currently operating 1 Head Office, 13 Branch Offices, 16 Assistant Offices and 4 Functional Offices and 3,011 active employees in 15 Major Cities in Indonesia, Bank DBS Indonesia provides comprehensive banking services that focus on the customer experience to 'Live more, Bank less'. We also see a purpose beyond banking and are committed to supporting our customers, employees, and the community towards a sustainable future.
PT Bank DBS Indonesia is licensed and supervised by The Indonesian Financial Services Authority (OJK), and an insured member of Indonesia Deposit Insurance Corporation (LPS).
DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting businesses for impact: enterprises with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping underserved communities with future-ready skills and helping them to build food resilience.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
