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Company

AirTrunk

AirTrunk is an Asia-Pacific hyperscale data centre operator founded in Sydney in 2015 by Robin Khuda.

Founded
2015
Status
Acquired

The verified answer

As of Oct 2026, DEPLOY verifies AirTrunk: $16.0B raised. 9 sources back the record.

Overview

AirTrunk is an Asia-Pacific hyperscale data centre operator founded in Sydney in 2015 by Robin Khuda. It designs, builds and operates large campuses under long-term contracts with the biggest cloud and AI buyers, and its Australian and Japanese platforms have been among the fastest-scaling hyperscale portfolios in the region.

In September 2024 a consortium led by Blackstone, with the Canada Pension Plan Investment Board (CPPIB) as a significant minority partner, agreed to acquire AirTrunk from Macquarie Asset Management and Canada's PSP Investments for about A$24 billion (roughly US$16 billion), one of the largest data centre deals on record. Under Blackstone ownership the company has kept expanding: in March 2026 it closed a JP¥191.6 billion (about US$1.24 billion) green loan in Japan, and in April 2026 it acquired India's Lumina CloudInfra, adding around 600 MW of planned capacity and a development pipeline the company said could reach US$5 billion.

AirTrunk now describes a platform of more than 3 GW of operating and committed capacity across roughly 20 sites in Australia, Singapore, Japan, Malaysia, Hong Kong, India and (most recently) Saudi Arabia, marketed under the tagline "Where the cloud meets the ground." Its customer base is dominated by hyperscale cloud and AI tenants rather than enterprise colocation.

Reality check

TOK1 first in Japan (company-claimed, Oct 2026)

Khuda told Reuters TOK1 is likely to be the first campus in Japan with large-scale AI workload deployment.

Verified record

Verified deployments
None on file
Active incidents
None on file

Key facts

Founder background

Robin Khuda is a former CFO of NextDC and Pipe Networks.

Capacity

More than 3 GW of operating and planned capacity across 20+ facilities.

Countries of operation

Ownership

A Blackstone-led consortium, with CPPIB as a significant minority, bought it for A$24B (about US$16B), announced Sep 2024; wholly owned and private since.

Prior owners

Macquarie Asset Management and PSP Investments, which sold to the Blackstone-led consortium in 2024.

Customer profile

Hyperscale cloud and AI tenants under long-term contracts; not an enterprise colocation operator.

Japan platform

Four hyperscale campuses totalling around 530 MW, anchored by TOK1 in east Tokyo (designed for 300+ MW), plus TOK2, OSK1 and OSK2.

Japan green loan (company-stated, Mar 2026)

A JP¥191.6B (about US$1.24B) green loan, which AirTrunk called the largest data centre financing ever completed in Japan.

TOK1 AI upgrade (company-stated, Oct 2026)

An extra US$1B in the 300-plus MW TOK1 campus in Inzai to add liquid cooling for multi-customer AI workloads; first capacity expected January 2028, per Capital Brief.

TOK1 financing (reported, Oct 2026)

The US$1B is a green loan led by SMBC, MUFG, UOB and Natixis, bringing AirTrunk's Japan commitment to about US$9B, per Capital Brief.

Japan investment plan (company-stated, Oct 2026)

Khuda told Nikkei Asia AirTrunk plans to triple Japan investment to as much as $30B over five years. Interview only; no project list.

Malaysia platform

Johor-focused expansion to 700 MW+ of committed capacity.

India entry (Apr 2026)

Acquired Lumina CloudInfra, adding about 600 MW of planned capacity and a pipeline the company said could reach US$5B.

India expansion

Planned $30B investment by 2030.

Data & sources

Web sources

9

9 sources backing this record.View all →

AirTrunk on the deployment map

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Former / Previously (1)

Safety record

No incidents on record for AirTrunk.

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Full safety record: incidents, sourcing, and exposure data →

AirTrunk on the data-center map

Every verified data center AirTrunk operates that has a mapped coordinate (23 total). Filled circles are Tier-2 facilities and Tier-1 campuses under this operator; click any pin to open its record.

AirTrunk data centers (23)

AI data centers AirTrunk operates or is a party to, from the DEPLOY data center registry.

Recent coverage

AirTrunk in third-party press

Mentioned on (2)

Registry pages whose text names AirTrunk.