Maincubes integrates sustainability targets into new financing

maincubes, a European developer and operator of data centres, has announced its successful integration of sustainability targets into its existing growth financing. This move links the achievement of these targets to the financing conditions, thereby underlining the company's ongoing commitment to environmental responsibility.

The updated financing arrangement builds on maincubes' 2023 funding of over EUR €1 billion, which is now characterised as sustainability financing. The new terms require maincubes to meet specific sustainability key performance indicators (KPIs), enhancing the company's existing strategy and expanding its corporate objectives. By fulfilling these annual targets, maincubes has the potential to improve its financing conditions, reflecting its dedication to energy efficiency and carbon footprint reduction.

Arne Weber, Chief Financial Officer of maincubes, commented on the development: "The successful addition of the sustainability targets to our financing facility confirms the confidence of our lenders in maincubes' long-term and sustainable expansion strategy. The 'Green Loan' provides us the opportunity to integrate sustainability not only into the operation and construction of our data centres but also into our financing."

The company's announcement specifies various ambitious targets, including increasing the energy efficiency of its data centres, reducing CO2 emissions from cooling processes, and furthering sustainability training programmes for employees. These efforts are designed to ensure measurable and transparent progress, leveraging the internal processes and specialist knowledge that maincubes has developed over recent years.

Waldemar Maurer, Partner at DTCP, the primary investor in maincubes, also pointed out the significance of this financing strategy: "The sustainability-linked financing is a great success for maincubes and we are pleased that lenders value maincubes' sustainability ambitions. Achieving the targets will further strengthen maincubes' positioning. This is also a strong signal to maincubes' customers, who are increasingly focusing on the sustainability of their data centre provider in addition to operational redundancy and high security."

Since its inception, maincubes has been committed to using 100% green electricity across its data centres in Frankfurt, Berlin, and Amsterdam. The current initiative marks a continuation of this long-standing environmental commitment, reinforcing its reputation as a pioneer in sustainable data centre operations.

The new financing model supports maincubes' broader strategy of integrating sustainability across all facets of its operations, ensuring that it not only meets but also sets industry standards for sustainable infrastructure. This commitment is critical for maincubes' clientele, which includes public sector entities, high-profile national and international corporations, and global cloud service providers.