Singapore/Chennai, January 15, 2026: Sify Infinit Spaces Limited (SISL), a wholly owned subsidiary of Sify Technologies Limited, has signed an Engagement Letter with the International Finance Corporation (IFC), a member of the World Bank Group, to provide Sustainability-Linked Financing (SLF) advisory services for SISL projects.
SISL is a leading data center services provider in India, serving Indian and global enterprise customers and hyperscalers through its 14 operational data centers across the country.
IFC will provide technical advisory support to SISL for its maiden Sustainability-Linked Bond—strengthening clean energy integration, responsible infrastructure development and broader social priorities such as job creation and workforce development, while scaling resilient digital infrastructure.
The adoption of artificial intelligence and digitalization has significantly increased demand for computing power, accelerating data center expansion in India and globally and intensifying sustainability considerations. As the third largest data center services provider in India, SISL has initiated several measures to improve resource efficiency and set sustainability targets aligned with India’s energy ambitions, reinforcing its commitment to long-term sustainable growth.
The engagement will include the identification of key performance indicators (KPIs), design of sustainability performance targets (SPTs), and assistance in developing sustainability linked financing framework for Sify’s maiden sustainability-linked bond.
Commenting on the engagement, Mr. Ganesh Sankararaman, CFO, SISL said, “IFC will provide sustainability advisory services to SISL with the objective of assisting our company in strengthening its sustainability and governance frameworks. IFC’s sustainability advisory offerings engagement is the latest of several independent endorsements of SISL’s sustainability journey. The company expects that the outcome of this engagement will strengthen its ongoing efforts to align capital raising strategies with sustainability considerations as it continues to scale its data center footprint and plan for long-term future growth.”
Victoria Delmon, Manager, Upstream and Advisory, Asia Infrastructure, IFC said, “We are pleased to engage with Sify, a leading contributor to India’s digital infrastructure as it plans to go public. IFC's advisory services are a critical part of our strategy to open new sectors and help the private sector mobilize funding from capital markets. Through this engagement, IFC will support SISL in strengthening its sustainability strategy and developing a sustainability-linked financing framework aligned with international best standards. This will help set a replicable model for similar future financing, enhance India’s digital resilience, and deliver long-term economic and social impact.”
About IFC
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.
Stay Connected with IFC on social media.
About Sify Infinit Spaces Limited
Sify Infinit Spaces is Sify Technologies’ subsidiary specifically catering to the colocation demands of Hyperscalers, Enterprises and neo-Cloud prospects. Currently, the portfolio hosts 14 Data Centers across 6 cities as on June 2025.
SISL’s infrastructure comprises Data Centers, partnership with global technology majors and expertise in business transformation solutions modelled on the cloud. We have a diversified client base of over 500 clients, which comprises a mix of prominent Hyperscaler and Enterprise clients.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.
For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2025, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.
Sign up to have customizable news & updates sent to you.