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Latest Money & Banking, Financial News Today - news | The HinduBusinessLine

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Sify Infinit Spaces secures sustainability-linked loan of...
BL Chennai Bureau · 2026-06-18 · via Latest Money & Banking, Financial News Today - news | The HinduBusinessLine
The investment will support SISL’s development of two data centres in Navi Mumbai and Chennai with a combined capacity of 103 MW

The investment will support SISL’s development of two data centres in Navi Mumbai and Chennai with a combined capacity of 103 MW | Photo Credit: Getty Images/iStockphoto

International Finance Corporation (IFC) has announced a loan of $70 million to Sify Infinit Spaces Ltd (SISL), a wholly owned subsidiary of Sify Technologies Ltd, to promote the development of AI ready, energy-efficient data centre infrastructure in India. IFC will also work with SISL to mobilise up to $300 million to support the company’s growth and expansion in India. 

The investment will support SISL’s development of two data centers in Navi Mumbai and Chennai with a combined capacity of 103 MW. 

“India’s digital transformation requires infrastructure that is equally scalable, resilient, and sustainable. By partnering with Sify, an industry leader in deploying cutting-edge, energy-efficient, data centre infrastructure, with commitment to governance and sustainability framework, we aim to advance digital innovation, infrastructure development, and long-term private capital in a critical growth area,” said Vikram Kumar, Regional Industry Director, Infrastructure and Natural Resources in Asia and the Pacific, IFC.

“The partnership with IFC represents another significant milestone in Sify’s journey to become India’s leading digital infrastructure company. The confidence reposed in us by a globally respected institution such as IFC is a strong endorsement of our vision, execution capabilities, and long-term growth strategy,” Ganesh Sankararaman, Chief Financial Officer, Sify Infinit Spaces Ltd.

Published on June 18, 2026