Yondr Group secures inaugural ABS financing for its London campus

Yondr Group secures inaugural ABS financing for its London campus

Yondr Group, a leading developer, owner and operator of hyperscale data centers has priced £532m in securitised term notes, marking its debut in the public capital markets. The transaction also represents Yondr’s first bond under its Green Finance Framework, marking a significant milestone in the company’s continued campus development and long-term capital strategy.

The notes will be used to refinance part of Yondr’s 100MW+ campus in Slough, one of Europe’s largest data center hubs. The campus comprises three data centers strategically located near London. The first and second buildings are fully operational, delivering over 60MW of capacity. The ABS transaction covers the first two buildings on the Slough campus.

Both buildings benefit from a strong track record of operational excellence and service-level compliance, maintaining industry-leading reliability for mission-critical workloads. A third building, is currently under construction and will become operational later this year, further strengthening Yondr’s presence in the region.

The transaction achieved a green bond designation via a Second-Party Opinion (SPO) from Morningstar Sustainalytics, aligning with Yondr’s recently launched Green Finance Framework.

This confirms the framework’s alignment with the core components of the Green Bond Principles 2025 and the Green Loan Principles 2025.

Across its portfolio, Yondr is committed to:

  • Achieving net zero Scope 1 and 2 emissions by 2030
  • Reducing water intensity and improving cooling efficiency
  • Delivering community impact initiatives at 100% of its sites
  • Maintaining transparent allocation and impact reporting under its green financing programme

 

Sandip Mahajan, Chief Financial Officer at Yondr, said: “Securing our first ABS financing marks a major milestone in diversifying Yondr’s capital strategy and reflects the strength of our asset base and capability of our team.

“This transaction not only diversifies our capital structure but also reinforces our commitment to supporting the continued build‑out of Europe’s digital infrastructure. As we scale our portfolio, it is essential that our approach to financing continues to evolve in both its structuring and its alignment with our environmental ambitions.”

Yondr was represented by Linklaters LLP as Issuer Counsel. Latham and Watkins acted as Underwriters Counsel. The transaction was led by Barclays as Sole Structuring Advisor and Sole Green Structuring Coordinator and Goldman Sachs acted alongside Barclays as Joint Lead Managers and Joint Bookrunners. The transaction was also supported by ABN AMRO, Deutsche Bank, Nomura and Société Générale as Co-Managers.

Media contact 
Yondr Group 
Louise Donkor 
Marketing Communications Director 
press@yondrgroup.com 

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