AirTrunk再投10亿美元扩建日本印西数据中心园区,瞄准AI算力

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亚太数据中心运营商 AirTrunk 宣布,计划向其位于日本千叶县印西市的数据中心园区追加 10 亿美元投资,用于扩容并部署液冷技术,以满足高密度 AI 工作负载的运行需求。这家总部位于澳大利亚的运营商同时透露,未来将在日本市场把总投资规模提升至最高 300 亿美元,相当于现有投入的三倍。在 AI 算力需求持续攀升、北亚地区客户加速迁移的背景下,日本正成为亚太数据中心版图中最受瞩目的增量市场之一。

绿色融资护航:三井住友、三菱UFJ联手注资

为支撑本次扩建,AirTrunk 已敲定一笔 10 亿美元的绿色贷款,由三井住友银行牵头,三菱UFJ银行、新加坡大华银行等多家金融机构共同参与。绿色贷款结构的设计与园区的液冷部署直接挂钩——通过降低制冷能耗与碳排放强度,AirTrunk 既能满足日本国内日益严格的可持续披露要求,也能在融资端获得更具竞争力的利率条件。

这一融资安排折射出数据中心行业的资本逻辑变化。随着 AI 机柜功率密度从传统的 8-15kW 跃升至 100kW 以上,单个园区的建设资本开支大幅抬升,绿色金融工具正成为头部运营商撬动银行授信的重要抓手。日本主要银行对数据中心资产的长期稳定现金流属性表现出浓厚兴趣,此次多家日系银行联合参与,也显示出本地资本对 AI 基础设施赛道的押注态度。

【关键数据】

- 本次追加投资: 10 亿美元

- 绿色贷款规模: 10 亿美元(三井住友银行、三菱UFJ银行、大华银行等联合提供)

- 日本总投资规划: 最高 300 亿美元(约为现有规模的三倍)

- 园区定位: TOK1 有望成为日本首个承载大规模 AI 部署的数据中心园区

AirTrunk TOK1 东京园区

TOK1 卡位:液冷解锁高密度AI负载

AirTrunk CEO Robin Khuda 明确表示,代号 TOK1 的印西园区有望成为日本首个能够承载大规模 AI 部署的数据中心园区。液冷技术的引入是这一判断的核心支撑——直接芯片液冷方案可以大幅提升单机柜功率上限,为搭载高阶 GPU 集群的推理与训练负载铺平道路。印西市紧邻东京都市圈,光缆资源与电力供给条件相对充裕,是东京圈内稀缺的大型园区选址。

更值得关注的是客户侧的变化。Khuda 坦言,受地缘政治因素影响,越来越多客户正从北亚其他市场转向日本布局。在区域供应链与数据合规不确定性上升的环境下,日本凭借稳定的政策环境、成熟的电力基础设施以及严格的隐私法规,正在承接原本流向其他北亚市场的算力需求。这一趋势与软银、NTT 等本地巨头加速扩建 AI 数据中心的动作相互印证。

300 亿美元蓝图:日本算力竞赛升级

将日本投资规模扩大至 300 亿美元的计划,意味着 AirTrunk 在该国的资产版图将进入全新量级。目前该公司在日本运营的园区已服务多家超大规模云厂商与互联网企业,TOK1 的 AI 能力升级将进一步巩固其在东京圈的卡位优势。不过,竞赛已然白热化——KKR 旗下 CyrusOne、GDS 日本子公司、以及本地阵营的软银均在加码投建 AI 级设施,土地、电力与设备交付周期构成现实的扩张瓶颈。

从产业视角看,AirTrunk 的加码是 AI 算力需求全球化再平衡的一个缩影。当北亚客户将业务迁移至日本、银行资本积极跟进、液冷等新技术加速落地,日本数据中心市场正在从区域性的补充角色转变为亚太 AI 基础设施的核心节点。300 亿美元的规划能否如期兑现,将取决于电力供给、审批节奏与 GPU 供应三重变量的走向,而这三个变量同样考验着所有押注日本市场的玩家。


出处:AirTrunk plans additional $1bn investment in data center campus in Inzai, Japan

英文原文
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As reported by [Nikkei Asia](https://asia.nikkei.com/editor-s-picks/interview/australia-s-airtrunk-to-triple-japan-data-center-investment-to-up-to-30bn), the investment will be used to expand capacity and deploy liquid cooling technology at the campus, thus enabling the running of high-density AI workloads. [](https://media.datacenterdynamics.com/media/images/AirTrunk_TOK1_Tokyo_East.original.jpg) – AirTrunk To fund this, AirTrunk has secured a $1bn green loan, led by Sumitomo Mitsui Banking Corp, MUFG Bank, and United Overseas Bank, among others. AirTrunk's CEO, Robin Khuda, said that the campus - dubbed TOK1 - is likely to be the first in Japan able to host large-scale AI deployments. He added: "Due to geopolitical reasons, we ?are seeing ?more ?and more customers looking to Japan from a ?North Asian perspective." The new investment will bring AirTrunk's total investment across its Japan sites to $9 billion. During the next five years, it is targeting between $27bn and $30bn. The company also intends to increase its capacity in Japan from the current 530MW, to more than 1GW. Founded in 2018, AirTrunk was acquired by Blackstone and the Canadian Pension Plan (CPP) [for US$16.1bn](https://www.datacenterdynamics.com/en/news/blackstone-and-cpp-to-acquire-apac-data-center-firm-airtrunk-for-au24bn/) in 2024, in what was the largest-ever deal in the space at the time. AirTrunk has data center campuses in operation and under development in [Sydney](https://www.datacenterdynamics.com/en/news/airtrunk-starts-70mw-expansion-of-syd2-campus-in-sydney-australia/) (x3) and Melbourne ([x2](https://www.datacenterdynamics.com/en/news/airtrunk-acquires-site-in-melbourne-australia-for-354mw-data-center/)) in Australia, as well as [Singapore](https://www.datacenterdynamics.com/en/news/airtrunk-opens-singapore-hong-kong-data-centers/); [Hong Kong](https://www.datacenterdynamics.com/en/news/airtrunk-to-develop-second-hong-kong-data-center/); [Johor](https://www.datacenterdynamics.com/en/news/airtrunk-to-develop-150mw-campus-in-johor-malaysia/), Malaysia; [Tokyo](https://www.datacenterdynamics.com/en/news/airtrunk-breaks-ground-on-40mw-expansion-at-tokyo-data-center-campus/) (x2), and [Osaka](https://www.datacenterdynamics.com/en/news/airtrunk-to-build-20mw-data-center-in-osaka-japan/) ([x2](https://www.datacenterdynamics.com/en/news/airtrunk-plans-second-data-center-in-osaka-japan/)), Japan. Earlier this year, the company announced it had acquired Indian operator [Lumina CloudInfra](https://www.datacenterdynamics.com/en/news/apac-data-center-firm-airtrunk-enters-india-acquires-lumina-cloudinfra/), officially marking its entrance into India. It secured [$2.3bn](https://www.datacenterdynamics.com/en/news/apac-data-center-firm-airtrunk-secures-23bn-in-funding-for-jhb2-campus-in-johor-bahru-malaysia/) in funding for its campus in Johor Bahru, Malaysia, in July. Stay ahead of the latest investment & markets channel trends. Subscribe to DCD. 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