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Zankore secures $3.1 bln AI infra loan

NEWS

September 9, 2026 at 11:24 UTC

2 min read
GPU server racks in a data center illustrating new AI infrastructure financing and cloud expansion

Key Points

  • 01Zankore agrees up-to-$3.1 billion senior term loan facility
  • 02Financing to fund NVIDIA (NVDA)-powered GPU and cloud infrastructure
  • 03Initial Indonesian build targets around 100 MW of AI capacity
  • 04Ooredoo Group holds 49% stake with about $800 million committed

Major AI infrastructure financing secured

Zankore has signed an up-to-$3.1 billion senior term loan facility to finance the rollout of NVIDIA (NVDA)-powered GPU and cloud-computing infrastructure. The financing package, reported on September 9, 2026, ranks among the larger AI-focused debt raises in the Asia-Pacific region and is structured as a senior term loan.

The facility is designed to support the build-out of dedicated AI infrastructure using advanced NVIDIA (NVDA) GPUs. Zankore intends to use the capital to acquire and deploy these processors at scale, creating a regional platform for high-performance computing and AI workloads.

Lender group and advisory roles

Citi acted as exclusive debt adviser on the transaction, guiding the arrangement of the senior term loan facility. Citi is also named among the senior mandated lead arrangers, underwriters and bookrunners on the deal, alongside ING, Natixis CIB, Qatar National Bank and UOB.

The participation of multiple international and regional banks as mandated lead arrangers underlines the scale and structured nature of the financing. Their roles encompass arranging, underwriting and bookrunning responsibilities for the loan facility.

Deployment roadmap in Indonesia and beyond

Zankore stated that the loan proceeds will initially fund an AI infrastructure build in Indonesia of around 100 megawatts of NVIDIA-based capacity. This first phase is focused on establishing a sizable local footprint for GPU-driven compute and cloud services.

The company has set a first-phase operational target of roughly 200 megawatts of AI infrastructure by the first half of 2027. Beyond that, Zankore has articulated a phased ambition to reach up to 1 gigawatt of NVIDIA DSX AI Factory capacity over time.

Strategic backing and capital commitments

Zankore is positioned as an AI infrastructure platform backed by Indosat Ooredoo Hutchison, Ooredoo Group, NVIDIA and Nokia (NOK). This consortium combines regional telecom assets and global technology providers around a shared AI infrastructure strategy.

Reporting identifies Ooredoo Group as a founding shareholder with a 49% stake in Zankore and an approximate $800 million commitment to the venture. This equity backing complements the new debt facility and supports the planned multi-phase rollout.

From platform launch to capital deployment

The newly secured term loan marks a shift for Zankore from platform formation toward concrete capital deployment. With financing in place, the company is positioned to begin rolling out NVIDIA-powered GPU and cloud infrastructure at scale in Southeast Asia, starting with Indonesia.

Key Takeaways

  • 01The $3.1 billion loan gives Zankore substantial committed capital to scale NVIDIA-based AI infrastructure across Southeast Asia.
  • 02A multi-bank arranger group and exclusive advisory mandate for Citi highlight structured, syndicated financing support for the rollout.
  • 03Clear capacity milestones, from 100 MW initially to a 1 GW ambition, frame Zankore’s expansion path and capital needs over several phases.

References

  1. https://economictimes.indiatimes.com/tech/artificial-intelligence/ooredoo-backed-zankore-secures-3-1-billion-financing-for-nvidia-ai-cloud-platform/articleshow/133963270.cms
  2. https://technode.global/2026/09/09/zankore-3-1b-ai-infrastructure-financing-indonesia
  3. https://technode.global/2026/09/09/zankore-3-1b-ai-infrastructure-financing-indonesia/
  4. https://lookonchain.com/feeds/72085
Zankore secures $3.1 bln AI infra loan | Trading Dashboard