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DayOne has increased its Malaysia financing to about USD $7.2 billion and said its billings have passed 1GW. The funding will support its data centre platform in Johor.
The Singapore-headquartered group said the enlarged senior secured multi-currency syndicated term financing was arranged by a seven-lender consortium. It follows roughly USD $3.5 billion of syndicated financing secured in May 2025 for the same Johor platform.
Alongside the financing update, DayOne said bookings reached about 2.3GW, up from 1.25GW at the end of 2025. It also reported 1.1GW of reservations from customers under legally binding contracts.
DayOne defines billings as income-generating IT power capacity under long-term customer contracts that remain in effect. On that basis, billed capacity has risen more than eightfold in less than two years, from 121MW at the end of 2024 to more than 1GW.
Johor expansion
The financing marks another major commitment to Johor, which has become one of Southeast Asia's main locations for data centre development. Operators have been drawn to the Malaysian state by available land, proximity to Singapore, and rising demand from cloud and artificial intelligence workloads.
DayOne said it has raised more than USD $6 billion in equity since 2024 through several funding rounds. It also has project financing support from more than 30 local and international banking partners.
The company operates across 10 markets in Asia Pacific and Europe, including Singapore, several locations in Malaysia, Indonesia, Thailand, Japan, Hong Kong, Finland, and Spain.
Its total resources, which include in-service capacity, capacity under construction, and secured powered land, stood at 4.6GW, compared with 2GW at the end of 2025.
Customer base
Growth in bookings has also come with a broader customer roster. Bookings came from 15 customers, compared with nine at the end of 2024.
Four of its five largest customers are present with the company in more than one market. It also said three hyperscale customers each have multi-market deployments of around or above 200MW.
DayOne recently secured additional orders from an existing US hyperscale customer. It did not name the customer or disclose the value of the latest order.
Data centre operators and investors have been racing to secure power, land, and financing as demand rises for facilities built to support AI training and cloud services. In that environment, contracted power capacity has become a closely watched indicator because it reflects both customer demand and an operator's ability to bring new sites into service.
Johor has benefited from that trend as developers expand beyond Singapore, where land and power constraints have shaped growth. For operators with campuses on both sides of the border, the area offers a way to serve regional demand while staying close to Singapore's connectivity and customer base.
Jamie Khoo, Chief Executive Officer of DayOne, said: "The confidence our banking partners and customers have placed in DayOne is reflected in these milestones and underpins our continued growth. Together, their support has enabled us to unlock strategic capacity for the next generation of AI and cloud infrastructure. Our focus remains on earning that trust through responsible execution and bringing capacity online at speed and scale in the markets our customers need."
Khoo also set out the company's view on its expansion into new regions.
"By pioneering and scaling new markets, this conviction has shaped DayOne since inception, and it continues to guide how we grow," Khoo said. "From Singapore, where DayOne was founded, we are driving the delivery of high-specification facilities across Asia Pacific and Europe."