Macquarie Korea Infrastructure Fund
Assets
Hanam Data Center is a hyperscale / colocation data center located in Hanam-si with a total capacity of 40MW and a target IT load of 25.44MW and has gross floor area of 41,919m2 across 12 floors (2 underground floors, 10 aboveground floors). The main tenant of the Target is LG CNS Co., Ltd. The main tenant has signed (i) rent agreements to collectively rent the entire space within Hanam Data Center and (ii) data center use agreements with the actual users of Hanam Data Center, which correspond to space rented in respective rent agreement. The actual users install, maintain, and operate server racks, servers and storage devices in the rented space on their own expense.
MKIF committed to invest in Hanam Data Center through a special purpose company Green Digital Infra Co., Ltd. (“GDI”). As of the record date, MKIF is a 100% shareholder of GDI. MKIF’s total investment commitment in GDI is KRW 423.0 billion (equity KRW 23.0 billion, subordinated loan KRW 400.0 billion), of which KRW 273.0 billion was invested in August 2024. The remaining investment commitment is expected to be made through 4Q 2024 and 2025 over the progress of the remaining mechanical, electrical and plumbing works at Hanam Data Center.
| Asset overview | |
| Target Asset: | Data center building, land, facilities and equipment owned by the data center owner |
| Location: | Pungsan-dong, Hanam-si, Gyeonggi-do, Korea |
| Gross Floor Area: | 41,919m2 |
| Building Construction Completion: | 28 November 2023 |
| Building Scale: | 12 floors (2 underground floors, 10 aboveground floors) |
| Data Center Scale: | Hyperscale / Tier 3 |
| Capacity: | Total capacity 40MW / target IT load 25.44MW (Post the completion of the remaining mechanical, electrical and plumbing works) |
| Number of Server Racks: | 2,800 racks (Post the completion of the remaining mechanical, electrical and plumbing works) |
| Redundancy (Backup Systems): | Power supply, transformer, generator, cooling system |
