Dec 23 (Reuters) - A consortium of seven financial

institutions, including the World Bank's private investment arm

International Finance Corporation, will lend more than $900

million to Yondr Group to develop its hyper-scale data-centre

campus in Malaysia, the IFC said on Monday.

The financing comes at a time when investors are eagerly

lining up globally to get a piece of the booming data centre

space in Asia-Pacific despite rich valuations driven by a rapid

surge in demand for artificial intelligence-based services.

The consortium includes Southeast Asia's largest lender DBS

, HSBC ( HSBC ), Deutsche Bank, ING, Natixis

CIB, and Blackrock's Global Infrastructure Partners.

The consortium will provide the latest round of financing

for the Yondr Group's 98 megawatts (MW) project in Johor Bahru,

the capital city of the southern Malaysian state of Johor where

a special economic zone is being planned with Singapore.

The UK-based Yondr's 72.5-acre data centre project will have

a 300 MW capacity once completed, IFC said in its statement.

The IFC had announced a financing package of up to $150

million for the project in May.