Milbank LLP was recognized with the 'ESG Data Centre Sustainability-Linked Loan Deal of the Year, APAC' award at the Infra Global ESG Awards, APAC 2026 (formerly the IJGlobal ESG Awards) for its work on the Digital Edge / B Grimm Chonburi Data Centre financing, reinforcing the firm’s leading position in digital infrastructure and sustainable finance across the Asia-Pacific region.
Milbank represented a joint venture subsidiary of the project sponsors Digital Edge (a Stonepeak portfolio company) and B.Grimm Power in connection with the US$880 million green loan financing for the development of the 100 MW BKK Data Center Campus in Thailand – one of the largest financings secured for a data center project in Thailand. Located within Thailand’s Eastern Economic Corridor, the BKK Campus will deploy AI and cloud workloads at scale, directly supporting Thailand’s national digitalization strategy. The financing was arranged in accordance with Digital Edge’s Green Financing Framework, supporting the company’s ambition of reaching carbon neutrality by 2030 while also reflecting B.Grimm Power’s decarbonization goals in Thailand.
“Structuring Thailand’s largest data center financing under a green framework required close collaboration among the sponsors and a deep group of international and domestic lenders, and our team was pleased to play a central role in bringing it to close,” said Milbank Global Project, Energy and Infrastructure Finance partner James Orme.
“We are honored that Infra Global has recognized this transaction, which reflects the growing role of sustainable finance in building Asia-Pacific’s AI-ready digital infrastructure,” said David Zemans, Milbank’s Asia Managing Partner. “We are proud to have supported Digital Edge and B.Grimm Power as they advance both their commercial and decarbonization goals in Thailand.”
The award-winning transaction was led by Global Project, Energy and Infrastructure Finance partner James Orme and Asia Managing Partner David Zemans, with special counsel Rosaline Yusman, of counsel Desiree Woo, and associates Lewis Blundell and Lauren Kava.
To learn more about the Infra Global ESG Awards 2026, please click here.
