Cleveland News

After dismantling the former data center there, H5 Data Centers has started construction on a new one in Ashburn, Virginia. This week, the company started building a 255,000-square-foot, three-story data center with a 42-megawatt capacity. The building is offered for pre-leasing at Loudoun Cou...

DataBank is collecting $715 million on the market for asset-backed securities (ABS) to develop its data center infrastructure. Kroll Bond Rating Agency has disclosed in a pre-sale report information on the financing. The deal's issuer and co-issuer are represented by DataBank Issuer, LLC and D...

Verizon has announced that it has signed four new power purchase agreements (PPAs) for renewable energy, an aggregate of up to 410 MW of renewable energy capacity. According to the company, these new deals align with its broader goal to source or generate renewable energy equivalent to 50 per...

T5 Data Centers has announced that it’s expanding its facility in Chicago, Illinois, in the final 20MW phase of its T5 Chicago facility at 200 Innovation Drive in Elk Grove. Acquired by T5 in 2016, the company first broke ground on an expansion back in 2017; its current expansion offers 140,0...

Lumen has announced that it will sell its Europe, Middle East, and Africa (EMEA) operations to Colt in a $1.8 billion deal. The deal will see Lumen divest its EMEA business, including its data centers, terrestrial and subsea networks, and network equipment in the EMEA region, to Colt. The deal...

DataBank has announced the opening of its latest Salt Lake City data center, SLC6. According to the company, the facility was built to meet the growing demand for increased capacity and mission-critical IT infrastructure.“We are pleased to open this new facility, providing additional capacity...

The Investment Management Corporation of Ontario (IMCO) will invest around US$450m in DataBank. The Canadian firm signed an agreement to invest the funds as part of DataBank’s recapitalization process. DataBank is expected to close the deal in Q4 2022. The Chief Investment Officer of IMCO, Ros...

Cogent Communications Holdings has acquired T-Mobile’s wireline business for $1 billion. In addition, T-Mobile expects to have a pre-tax charge of $1 billion from selling the unit to Cogent. T-Mobile will also pay Cogent $350m in the first 1 year of closing the deal and another $350m over the ...

Involta has announced the expansion of its data center in Independent, Ohio. The data center company added 1,300 square meters (14,000 square feet) of space to the facility. It also added 1MW of power to the data center. The facility is located at 7300 E Pleasant Valley Road. The expansion see...

DataBank has announced the acquisition of an existing data center and 18-acre land in Atlanta, Georgia. The property acquired is located at 200 Selig Drive, Atlanta. Although the company did not reveal the transaction terms, CoStar reports that DataBank paid $10.9 million for the property. The...

H5 is looking to expand its Cleveland facility in Ohio. The data center company filed with the Cleveland planning commission to expand its data center located at 1625 Rockwell Avenue. It also filed for a Façade change at the facility. Although the application didn’t reveal specifics of the exp...

DataBank has announced that it is expanding its SNA2 data center in Irvine, California. The expansion will see the company add 4MW of critical power and 24,000 square feet (2,200 square meters) of raised floor space. The facility currently offers 4MW of critical power and 3,100 square meters (...

DataBank has announced that it will be expanding its LAS1 data center in Las Vegas, Nevada. The facility is located at 7185 Pollock Drive. DataBank will add 929 square meters (10,000 square feet) of data center space to the facility. Upon completion of the expansion, the data center’s total sp...

DataBank has announced that it has completed and closed the acquisition of four data centers from CyrusOne. The data centers are all located in Houston, Texas. The deal was also worth $670 million. DataBank sees over 300,000 square feet of raised-floor data center capacity through the acquisit...

DataBank has announced the acquisition of a data center it was leasing in Denver, Colorado. The company plans to develop a new data center campus at the DEN2 facility. The data center is located at 6900 South Peoria Street, Colorado. DataBank did not reveal the details of the transaction. Acco...

DataBank has announced the creation of its Centennial Campus by purchasing following the purchase of the data center it leased in the Centennial municipality in Colorado. This purchase will enable the company to expand onto the adjacent plot, which will be home to its DEN5 data center. Sp...

H5 Data Centers has announced that it has completed the acquisition of seven data center facilities from vXchnge across the United States. With this development, vXchnge has just one data center. With this agreement, H5 data centers has added over 250,000 square feet (23,200 square meters) of ...

As it expands its usage of green energy, Verizon, has announced that it has signed seven new Power Purchase Agreements (PPAs) for renewable energy representing 910MW. The company's sustainability goals are to have carbon neutrality across all its operations (scope 1 and 2) by 2035.Renewable En...

Lumen Technologies has won a $1.2 billion contract from the US Department of Agriculture. Lumen is to deliver a fully integrated wide-area data transport service to over 9,500 US Department of Agriculture locations across the country and around the world. With this contract, Lumen will offer a...