YONDR MY DC 2023

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Yondr Group LP (“Yondr” or the “Sponsor”) is a wholly owned subsidiary of Cathexis Holdings LP, a US-based family office with interests in construction, data centers, real estate, and energy.  Yondr constructs and operates large built-to-suit hyperscale Data Centres (DCs).The proposed IFC investment involves a financial package of up to US$150 million in senior secured debt will go to finance a greenfield 96 MW DC in The Sedenak Tech Park (STeP) in Johor Bahru, Malaysia (“STeP DC” or the “Project”). The project will require an electricity substation and backup generator, as well as a lithium-based battery Uninterrupted Power Supply (UPS) system.   The project will be implemented through YONDR’s 100%-owned special purpose vehicle, Yellowwood Properties Sdn Bhd (“Yellowwood” or the “Company”). Construction started in February 2023 and is expected to be completed by mid-2024.