DayOne, a global digital infrastructure platform based in Singapore, has obtained a S$530m green loan from DBS, OCBC, and UOB to fund its inaugural data centre in Singapore. This facility is set to be the first in the country to incorporate on-site Solid Oxide Fuel Cell (SOFC) power generation, exploring hydrogen-based energy solutions.
The four-year loan, aligned with internationally recognised Green Loan Principles, will facilitate the construction of a 20-megawatt data centre in Western Singapore. The project commenced in July 2025 and is anticipated to be operational by Q1 2027. DBS, OCBC, and UOB are serving as Joint Mandated Lead Arrangers, Bookrunners, and Green Loan Coordinators, with DBS also acting as the Facility and Security Agent.
The data centre is designed with sustainability at its core, featuring vertical building-integrated photovoltaics and hybrid cooling technologies to enhance energy efficiency. It achieved the BCA Green Mark Platinum (Provisional) certification in December 2025, the highest rating under Singapore’s Green Mark for Data Centres Scheme.
Han Kwee Juan of DBS highlighted the increasing demand for energy-efficient infrastructure driven by AI and cloud computing. Elaine Lam from OCBC noted the significance of hydrogen power in sustainable digital infrastructure, whilst Edmund Leong of UOB emphasised the strategic importance of digital infrastructure in supporting economic competitiveness and sustainability goals.
Since its inception in 2022, DayOne has expanded across Asia and Europe, establishing a presence in multiple countries, including Malaysia, Indonesia, Japan, and Spain. The new data centre aims to bolster Singapore’s position as a leading AI and digital hub.
