A-FLOW Data center

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The project comprises the development of a data center near Manila, the Philippines. It is sponsored by a joint venture between Ayala Land, Inc. and PAG’s Flow Digital Infrastructure. The new company A-Flow Properties I Corp. (A-Flow) has secured a loan to fund the initiative by the Land Bank of the Philippines. The loan agreement’s amount is P2.4 billion or $41.1m, representing Tranche 1 of a P10.8 billion ($185m) 10-year loan. The loan facility was announced by the Bank on July 23, 2024. It is intended for the development of the initial phase of the first A-Flow data center campus located in Biñan, Laguna. The 6MW capacity Phase 1A of the three-building data center campus project is targeted to be ready-for-service by the end of 2024. The project has been awarded a green certificate by the Board of Investoments, the Philippines on Jly 29th, 2024. Flow and Ayala announced a partnership in May 2022 and signed an agreement the following October 2022. They broke ground on the first phase in December 2022. Once fully built out, the three-building M1 campus facility will offer up to 36MW. ALLHC is a subsidiary of Ayala Land, Inc, a real estate firm based in the Philippines, and itself a subsidiary of the Ayala Corporation conglomerate. Asia-focused investment manager PAG Real Estate launched Flow, a new investment platform focused on digital infrastructure in APAC, in late 2021. https://www.datacenterdynamics.com/en/news/pag-and-ayala-jv-secure-411m-loan-for-laguna-data-center-build-out-in-the-philippines/ ; https://boi.gov.ph/boi-awards-green-lane-certificate-to-36mw-data-center-project-strengthening-philippine-digital-infrastructure/ ; https://w.media/a-flows-ml1-data-center-in-the-philippines-reaches-topping-off/ ; https://w.media/landbank-invests-p2-4b-in-a-flows-data-center-project/