The US Bankruptcy Court for the District of New Jersey this week approved the sale of substantially all of the Cyxtera assets to Brookfield Infrastructure Partners for $775 million. Both companies expect this deal to be finalized by the first quarter of 2024. Nelson Fonseca, Cyxtera CEO said, ...
Company: Cyxtera Technologies
Region: Pacific Northwest
Country: United States
Region: North America
Short Code: MWH1 (previously known as CW1)
The Cyxtera's CW1 site in Moses Lake, Washington, with electricity supplied in part by the nearby Columbia River. More than 85 percent of the utility power supplied to the facility is hydro-electric. Data centers have appeared all along the river in both Washington State and Oregon. The river and its hydroelectric power are supporting a growing northwest data center scene, one also complemented by low natural disaster risk (lowest seismic rating in the western United States) and friendly sales tax breaks on data center equipment purchases.
In addition to low cost hydropower, the Washington climate allows for significant use of free-air cooling, which drives better Power Usage Effectiveness. (Source: DCK Link)
Cyxtera's CW1 site in Moses Lake, Washington was acquired via a $2.8 billion transaction to acquire 57 datacenters from CenturyLink. The transaction which closed in May 2017 created Cyxtera Technologies.