DayOne has secured funding for its planned buildout in Malaysia.

As reported by The Business Times, seven lenders came together for a combined $3.67 billion in multicurrency financing for DayOne's data center project.

The lenders include CIMB, Crédit Agricole CIB, DBS, Maybank, OCBC, Standard Chartered, and UOB. Of the funding, $2.4bn was from an offshore term loan facility and a RM5.5 billion ($1.35bn) Murabahah facility.

The funding joins DayOne's RM15 billion ($3.67bn) multicurrency financing that was secured in June 2025.

DayOne is currently preparing to launch an Initial Public Offering on the Nasdaq market. In its IPO prospectus, the company revealed that it had 962MW of capacity in service as of September 20, up from 675MW in June. It has 1.3GW of capacity currently under construction, compared to 1.1GW in June, and said it expects to deliver this by December 2028.

In Malaysia, DayOne operates two facilities in Johor; one at the Nusajaya Tech Park and another in the Kempas Tech Park, offering a total of 120MW across the two sites.

The company has also, in recent months, acquired land in Selangor from Malaysian property developer Mah Sing and purchased 65 acres of land in Johor from Malaysian property group Paragon Globe earlier this year. In September, the company announced it was working with NB Power Generation, a subsidiary of Malaysian electrical utility TNB, to explore the development of an up to 1.5GW on-site generation solution for the in-development data center in Selangor.

In June of this year, DayOne secured $4.5bn in Series C equity financing, and $2bn in January.