27 Oct 2025

"Linklaters Facilitates $550M Project Financing for CP Group and True IDC's Data Center Partnership with Global Infrastructure Partners in Thailand"

"Linklaters has advised Charoen Pokphand Group (CP Group) and True Internet Data Center (True IDC) on their partnership with Global Infrastructure Partners (GIP) and the successful closing of a $550 million project financing for a new data center in Rayong Province, Thailand. This collaboration aims to enhance Thailand's digital infrastructure, support AI and cloud computing growth, and position the country as a leading digital economy hub in ASEAN. The project will develop a hyperscaler data center with a capacity of up to 102.6MW, marking GIP's first greenfield data center development globally. Linklaters' team highlighted their commitment to supporting digital infrastructure investments in the region."

Linklaters advised Charoen Pokphand Group (CP Group) and True Internet Data Center (True IDC) on their strategic partnership with Global Infrastructure Partners (GIP), a global infrastructure fund owned by BlackRock, and on the successful closing of a US$550 million project financing for the development and construction of a greenfield data centre in Rayong Province, Thailand. The strategic partnership aims to enhance Thailand’s digital infrastructure, support the growth of AI and cloud computing, and position Thailand as ASEAN’s leading digital economy hub. The project financing will facilitate the construction of a hyperscaler data centre with a capacity of up to 102.6MW, designed to accommodate high-intensity workloads for global technology companies. This marks GIP’s first greenfield data centre development globally. The Linklaters team involved in this transaction included energy & infrastructure partners Wilailuk Okanurak and Wanwisar Nakarat, TMT/IP partner Alaister Johnson, and partner and Asia Head of Construction Mark Veitch, along with managing associate Charlie Bown.
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