What happened
NGN Bilişim has obtained $40 million in project finance for the Star of Bosphorus data-centre investment, according to Yeşil Ekonomi. The funding was arranged as a green loan, putting energy efficiency and sustainable operation among the objectives used to structure the facility.
Garanti BBVA acted as both lead arranger and facility agent, the bank said. Its roles place it at the centre of arranging the financing and administering the loan facility.
The reported financing links the project’s funding structure to operating considerations relevant to data-centre infrastructure. For sustainability and infrastructure stakeholders, the next practical question is how the project’s intended efficiency performance will be evidenced as the facility operates.
The project is seeking performance consistent with international standards for power usage effectiveness, or PUE. PUE is identified in the reporting as a core measure of energy efficiency for data centres.
Why it matters
Data-centre energy performance is material to the operation of power-intensive digital infrastructure. In this case, the green-loan structure explicitly connects the financing to efficiency and sustainable-operation aims rather than treating those aims as separate from the investment.
The Star of Bosphorus site has total power of 16 MW. It operates more than 2,000 standard cabinets across about 5,000 square metres of white-space area, according to the information cited by Yeşil Ekonomi.
Those physical specifications provide context for the project’s efficiency focus: the facility combines substantial power capacity with a large operating footprint. However, the available information does not state a numerical PUE target, an achieved PUE figure, or the detailed terms used to assess the green-loan objectives.
Readers assessing the transaction should therefore distinguish between the project’s stated ambition to align with international PUE standards and verified operating results. Further project disclosures would be needed to establish the precise benchmark, performance level and progress against the loan’s energy-efficiency and sustainable-operation objectives.
