--- title: "Teraco concludes funding round for construction" description: "Teraco has announced that it has finalised a new R2.5 billion loan financing transaction for data centre construction." image: https://www.teraco.co.za/wp-content/uploads/2021/02/21-teraco-jb4-coming-2022.jpg canonical: https://www.teraco.co.za/news/teraco-concludes-funding-round-for-construction/ url: https://teraco.getmd.ai/news/teraco-concludes-funding-round-for-construction/.md last_converted: 2026-10-19T22:10:14.817Z --- ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.teraco.co.za/news/teraco-concludes-funding-round-for-construction/#article", "isPartOf": { "@id": "https://www.teraco.co.za/news/teraco-concludes-funding-round-for-construction/" }, "author": { "name": "Webmaster", "@id": "https://www.teraco.co.za/#/schema/person/b0b87ffa1fe4d826420b953c268dad81" }, "headline": "Teraco concludes funding round for construction", "datePublished": "2021-02-05T09:06:31+00:00", "dateModified": "2022-10-17T07:38:34+00:00", "mainEntityOfPage": { "@id": "https://www.teraco.co.za/news/teraco-concludes-funding-round-for-construction/" }, "wordCount": 464, "publisher": { "@id": "https://www.teraco.co.za/#organization" }, "image": { "@id": "https://www.teraco.co.za/news/teraco-concludes-funding-round-for-construction/#primaryimage" }, "thumbnailUrl": "https://www.teraco.co.za/wp-content/uploads/2021/02/21-teraco-jb4-coming-2022-feature-updated.jpg", "keywords": [ "construction", "data centre", "digital transformation", "expansion", "hyperscale", "on-ramp", "Teraco" ], "articleSection": [ "News" ], "inLanguage": "en-ZA" }, { "@type": "WebPage", "@id": "https://www.teraco.co.za/news/teraco-concludes-funding-round-for-construction/", "url": "https://www.teraco.co.za/news/teraco-concludes-funding-round-for-construction/", "name": "Teraco concludes funding round for construction", "isPartOf": { "@id": "https://www.teraco.co.za/#website" }, "primaryImageOfPage": { "@id": "https://www.teraco.co.za/news/teraco-concludes-funding-round-for-construction/#primaryimage" }, "image": { "@id": "https://www.teraco.co.za/news/teraco-concludes-funding-round-for-construction/#primaryimage" }, "thumbnailUrl": "https://www.teraco.co.za/wp-content/uploads/2021/02/21-teraco-jb4-coming-2022-feature-updated.jpg", "datePublished": "2021-02-05T09:06:31+00:00", "dateModified": "2022-10-17T07:38:34+00:00", "description": "Teraco has announced that it has finalised a new R2.5 billion loan financing transaction for data centre construction.", "breadcrumb": { "@id": "https://www.teraco.co.za/news/teraco-concludes-funding-round-for-construction/#breadcrumb" }, "inLanguage": "en-ZA", "potentialAction": [ { "@type": "ReadAction", "target": [ "https://www.teraco.co.za/news/teraco-concludes-funding-round-for-construction/" ] } ] }, { "@type": "ImageObject", "inLanguage": "en-ZA", "@id": "https://www.teraco.co.za/news/teraco-concludes-funding-round-for-construction/#primaryimage", "url": "https://www.teraco.co.za/wp-content/uploads/2021/02/21-teraco-jb4-coming-2022-feature-updated.jpg", "contentUrl": "https://www.teraco.co.za/wp-content/uploads/2021/02/21-teraco-jb4-coming-2022-feature-updated.jpg", "width": 1200, "height": 630, "caption": "Teraco JB4 - Coming Q1 2022" }, { "@type": "BreadcrumbList", "@id": "https://www.teraco.co.za/news/teraco-concludes-funding-round-for-construction/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://www.teraco.co.za/" }, { "@type": "ListItem", "position": 2, "name": "Teraco concludes funding round for construction" } ] }, { "@type": "WebSite", "@id": "https://www.teraco.co.za/#website", "url": "https://www.teraco.co.za/", "name": "Teraco", "description": "A Digital Realty Company", "publisher": { "@id": "https://www.teraco.co.za/#organization" }, "potentialAction": [ { "@type": "SearchAction", "target": { "@type": "EntryPoint", "urlTemplate": "https://www.teraco.co.za/?s={search_term_string}" }, "query-input": { "@type": "PropertyValueSpecification", "valueRequired": true, "valueName": "search_term_string" } } ], "inLanguage": "en-ZA" }, { "@type": "Organization", "@id": "https://www.teraco.co.za/#organization", "name": "Teraco. A Digital Realty Company", "url": "https://www.teraco.co.za/", "logo": { "@type": "ImageObject", "inLanguage": "en-ZA", "@id": "https://www.teraco.co.za/#/schema/logo/image/", "url": "https://www.teraco.co.za/wp-content/uploads/2022/08/teraco-a-digital-realty-company.png", "contentUrl": "https://www.teraco.co.za/wp-content/uploads/2022/08/teraco-a-digital-realty-company.png", "width": 400, "height": 88, "caption": "Teraco. A Digital Realty Company" }, "image": { "@id": "https://www.teraco.co.za/#/schema/logo/image/" }, "sameAs": [ "https://www.facebook.com/TeracoDC/", "https://x.com/TeracoDC", "https://www.instagram.com/teracodc/", "https://www.linkedin.com/company/teraco-data-environments/", "http://www.youtube.com/c/TeracoDatacentres", "https://en.wikipedia.org/wiki/Teraco_Data_Environments" ] }, { "@type": "Person", "@id": "https://www.teraco.co.za/#/schema/person/b0b87ffa1fe4d826420b953c268dad81", "name": "Webmaster", "image": { "@type": "ImageObject", "inLanguage": "en-ZA", "@id": "https://secure.gravatar.com/avatar/42a65dd474aa295923eb9fba0ef712edf89444bd871592234bc2a1dfd6ebaab5?s=96&d=mm&r=g", "url": "https://secure.gravatar.com/avatar/42a65dd474aa295923eb9fba0ef712edf89444bd871592234bc2a1dfd6ebaab5?s=96&d=mm&r=g", "contentUrl": "https://secure.gravatar.com/avatar/42a65dd474aa295923eb9fba0ef712edf89444bd871592234bc2a1dfd6ebaab5?s=96&d=mm&r=g", "caption": "Webmaster" }, "url": "https://www.teraco.co.za/author/teraco-admin/" } ] } ``` [Skip to main content](#ajax-content-wrap) [Close Search](#) [News](https://www.teraco.co.za/category/news/) # Teraco concludes funding round for construction 5 February, 2021October 17th, 20223 min read [Share](#)[Share](#)[Share](#) ## Teraco concludes R2.5 billion funding round for data centre construction *Johannesburg, South Africa, 28 January 2020* Teraco Data Environments Proprietary Limited, Africa’s largest interconnection hub and vendor-neutral data centre provider, has announced that it has finalised a new R2.5 billion loan financing transaction. This follows Teraco’s announcement in November 2020 regarding its construction of a new 38 megawatt hyperscale data centre in Ekurhuleni, east of Johannesburg, South Africa. Teraco will use the funds raised together with internally generated cash to finance the build. The new transaction cements Teraco’s commitment to continuing investment in the region’s digital infrastructure and expanding Africa’s largest data centre platform. ![Teraco JB4 - Coming Q1 2022](https://www.teraco.co.za/wp-content/uploads/2021/02/21-teraco-jb4-coming-2022-1024x538.jpg) JB4 – Coming Q1 2022 Teraco’s newly appointed Chief Financial Officer, Samuel Erwin, said that the shareholders and lenders of Teraco have a long-term vision for Africa’s digital transformation and support its continued investment in world-class data centre infrastructure to serve the sub-Saharan African market. Erwin joined the company in 2020, bringing with him a wealth of corporate and investment banking experience where he led a team responsible for providing debt financing to clients across the African continent. He says that this funding round, and continued investments in data centre construction, align with Teraco’s support of the South African Government’s investment drive and Teraco’s 2020 commitment to invest billions of Rands into South Africa’s digital infrastructure. The funding transaction, led by Absa, includes several large institutions that have joined the lending group, with a view to creating long term partnerships that will support Teraco’s future expansion plans. “ABSA has continued along the growth path with Teraco. Their understanding of our business model and funding requirements and ability to offer tailored funding solutions to suit our needs has contributed to Teraco’s success” says Erwin. At a time of enterprises focussing on cloud adoption strategies, Teraco is making significant investments in providing   access to digital infrastructure that is both resilient and highly flexible. This offers enterprises the ability to scale as network strategies evolve in a world where fast and secure interconnection with strategic business partners is a source of competitive advantage. Organisations working to accelerate their digital transformation utilise Teraco to scale their IT infrastructure, adopt hybrid and multi-cloud architectures and interconnect with strategic business partners within the Platform Teraco ecosystem of over 600 global and local clients. Platform Teraco provides enterprises with a direct private connection to all leading cloud providers in the most latency efficient, secure and resilient manner possible. Enterprises can deploy their private, public and hybrid cloud strategies on [Platform Teraco](https://www.teraco.co.za/platform-teraco/), which allows for complete freedom of choice from a cloud provider perspective, as well as significantly reducing the time and cost for enterprises to access these cloud platforms. ### Related Reading ### Recent - [NAPAfrica and ZANOG enhance community-driven interconnection in Cape Town’s growing digital ecosystem](https://www.teraco.co.za/news/napafrica-and-zanog-enhance-community-driven-interconnection-in-cape-town-growing-digital-ecosystem/) - [Teraco expands executive management team](https://www.teraco.co.za/news/teraco-expands-executive-management-team/) - [Teraco announces CT1 data centre expansion in Rondebosch, Cape Town](https://www.teraco.co.za/news/teraco-announces-ct1-data-centre-expansion-in-rondebosch-cape-town/) - [NAPAfrica and Teraco ACX growing Africa’s digital community as NAPAfrica hits 6Tbps](https://www.teraco.co.za/news/napafrica-and-teraco-acx-growing-africas-digital-community-as-napafrica-hits-6tbps/) - [Teraco completes CT2 data centre expansion, increasing Cape Town’s hyperscale capacity to 50MW](https://www.teraco.co.za/news/teraco-completes-ct2-data-centre-expansion/) ### Subscribe to our Newsletter Sign up for our newsletter and get the latest news and updates from Teraco. [SUBSCRIBE HERE](https://www.teraco.co.za/subscribe/) #### Platform Teraco - [Africa Cloud Exchange](https://www.teraco.co.za/platform-teraco/africa-cloud-exchange/) - [Africa Peering](https://www.teraco.co.za/platform-teraco/africa-peering/) - [Africa Interconnection](https://www.teraco.co.za/platform-teraco/africa-interconnection/) - [Colocation](https://www.teraco.co.za/platform-teraco/colocation/) - [Support](https://www.teraco.co.za/platform-teraco/support/) #### Company - [About Teraco](https://www.teraco.co.za/about/) - [Sustainability](https://www.teraco.co.za/about/sustainability/) - [Careers at Teraco](https://teracojobs.mcidirecthire.com/) - [Contact Us](https://www.teraco.co.za/contact-us/) - [News](https://www.teraco.co.za/news/) - [Certifications](https://www.teraco.co.za/about/certifications-and-compliance/) - [NAPAfrica](https://www.napafrica.net/) - [ClientZone](https://clientzone.teraco.co.za/) #### Locations - Johannesburg [JB1](https://www.teraco.co.za/data-centre-locations/johannesburg/) / [JB2](https://www.teraco.co.za/data-centre-locations/johannesburg/?tab=bredell-jb2) / [JB3](https://www.teraco.co.za/data-centre-locations/johannesburg/) / [JB4](https://www.teraco.co.za/data-centre-locations/johannesburg/?tab=bredell-jb4) / [JB5](https://www.teraco.co.za/data-centre-locations/johannesburg) / [Teleport](https://www.teraco.co.za/data-centre-locations/johannesburg/?tab=teleport) - Cape Town [CT1](https://www.teraco.co.za/data-centre-locations/cape-town/?tab=rondebosch-ct1) / [CT2](https://www.teraco.co.za/data-centre-locations/cape-town/?tab=brackenfell-ct2) - Durban [DB1](https://www.teraco.co.za/data-centre-locations/durban/) #### Virtual Data Centre Tour Take a virtual video tour through our world-class Isando Data Centre. #### National Contact **How can we help?** We’re available Monday to Friday, 08h00 – 17h00. - Call +27 (0)11 573 2800 - [Send us an Email](https://www.teraco.co.za/contact-us/#enquiry-form) **Support** - Call +27 (0)11 573 2800 - [Send a Support Request](mailto:support@teraco.co.za?Subject=Support Request) ![Teraco Payoff Line](https://www.teraco.co.za/wp-content/uploads/2022/07/teraco-payoff-line.svg) © 2026 Teraco. A Digital Realty Company.  [Terms](https://www.teraco.co.za/about/legal/#terms)  |  [Privacy](https://www.teraco.co.za/about/legal/#privacy)  |  [PAIA](https://www.teraco.co.za/about/legal/#paia)  |  [Certifications & Compliance](https://www.teraco.co.za/about/certifications-and-compliance/)  |  [Whistleblowing](https://www.teraco.co.za/about/legal/whistleblowing/) - [x-twitter](https://twitter.com/TeracoDC) - [facebook](https://www.facebook.com/TeracoDC/) - [linkedin](https://www.linkedin.com/company/teraco-data-environments/) [Close Menu](#) - [JB](https://www.teraco.co.za/data-centre-locations/johannesburg/) - [CT](https://www.teraco.co.za/data-centre-locations/cape-town/) - [DB](https://www.teraco.co.za/data-centre-locations/durban/) #### Platform Teraco - [Africa Cloud Exchange](https://www.teraco.co.za/platform-teraco/africa-cloud-exchange/) - [Africa Peering](https://www.teraco.co.za/platform-teraco/africa-peering/) - [Africa Interconnection](https://www.teraco.co.za/platform-teraco/africa-interconnection/) - [Colocation](https://www.teraco.co.za/platform-teraco/colocation/) - [Support](https://www.teraco.co.za/platform-teraco/support/) #### Company - [About Teraco](https://www.teraco.co.za/about/) - [Sustainability](https://www.teraco.co.za/about/sustainability/) - [Careers at Teraco](https://teracojobs.mcidirecthire.com/) - [Contact Us](https://www.teraco.co.za/contact-us/) - [News](https://www.teraco.co.za/news/) - [Blog](https://www.teraco.co.za/blog/) - [Certifications](https://www.teraco.co.za/about/certifications-and-compliance/) - [NAPAfrica](https://www.napafrica.net) - [ClientZone](https://clientzone.teraco.co.za/) #### Locations - Johannesburg [JB1](https://www.teraco.co.za/data-centre-locations/johannesburg/) / [JB2](https://www.teraco.co.za/data-centre-locations/johannesburg/?tab=bredell-jb2) / [JB3](https://www.teraco.co.za/data-centre-locations/johannesburg/) / [JB4](https://www.teraco.co.za/data-centre-locations/johannesburg/?tab=bredell-jb4) / [JB5](https://www.teraco.co.za/data-centre-locations/johannesburg/) / [Teleport](https://www.teraco.co.za/data-centre-locations/johannesburg/?tab=teleport) - Cape Town [CT1](https://www.teraco.co.za/data-centre-locations/cape-town/?tab=rondebosch-ct1) / [CT2](https://www.teraco.co.za/data-centre-locations/cape-town/?tab=brackenfell-ct2) - Durban [DB1](https://www.teraco.co.za/data-centre-locations/durban/) [Virtual Data Centre Tour](https://vimeo.com/444233206) **Get in Touch.** Call us on +27 (0)11 573 2800 or [send us an email](https://www.teraco.co.za/contact-us/#enquiry-form). © 2025 Teraco. A Digital Realty Company.  [Terms](https://www.teraco.co.za/about/legal/#terms)  |  [Privacy](https://www.teraco.co.za/about/legal/#privacy)  |  [PAIA](https://www.teraco.co.za/about/legal/#paia)  |  [Certifications & Compliance](https://www.teraco.co.za/about/certifications-and-compliance/)