Cyxtera Sterling DC7 News

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, ...

Reportedly, Brookfield and Digital Realty are interested in acquiring the struggling Cyxtera. According to Bloomberg, several parties, including Brookfield Infrastructure Partners and Digital Realty Trust, are interested in purchasing the assets of the insolvent colocation company. The firms r...

Leesburg's Loudoun County Council unanimously approved data center design criteria. Unlike Ashburn, Virginia's Leesburg has no data centers; however, this may change. Three rezoning petitions may allow data center development in town. One is in the Oaklawn neighborhood, one close to the former...

Cyxtera has submitted a reorganization plan to the US Bankruptcy Court for the District of New Jersey. Lenders with over two-thirds of the company's outstanding first-lien debt support the proposal.The proposal would get rid of more than $950 million in pre-filing debt for Cyxtera. In either a...

Cyxtera plans to decline leases for two data centers held by Prime DC in Santa Clara, California. In June, Cyxtera filed for Chapter 11 bankruptcy due to continuing losses and upcoming debt maturities. The organization is seeking a buyer or new investor. According to DgtlInfra, Cyxtera intends...

Due to ongoing losses and impending debt maturities, struggling Cyxtera issued a Chapter 11 bankruptcy claim last month. The company is seeking a buyer or potential investor. As part of the procedure, the company turned down the lease at the Stack-owned facility on Touhy Avenue in the Elk Grov...

Residents of Prince William County, Virginia, are attempting to sell their land to an unidentified data center developer. According to InsideNoVa, residents of Sanders Lane near Gainesville are attempting to sell their land to a data center developer. The residents appear to be attempting to r...

Data center company Cyxtera is being seriously considered for acquisition by at least six parties. This month, struggling Cyxtera filed for Chapter 11 bankruptcy due to continuous losses and impending debt maturities. The organization is seeking a buyer or new investor. The company has contact...

The US colocation provider Cyxtera has declared bankruptcy. Cyxtera began a pre-arranged court-supervised procedure under Chapter 11 of the United States Bankruptcy Code following the Restructuring Support Agreement (RSA) originally made with certain lenders. Cyxtera stated that it intends to ...

The Virginian county of Culpeper may soon see the construction of more than four million square feet of data centers. The Culpeper Town and County Councils have received rezoning requests that would enable the construction of approximately 17 buildings on two campuses on the town's border alon...

A poll of Northern Virginia residents by the National Parks Conservation Association has found that the majority oppose the development of data centers near public land, including national parks. The survey polled 300 voters from several Northern Virginia jurisdictions.Of those polled, 77% sup...

According to a report by FFXNow, the Fairfax County Board of Supervisors is set to look into the environmental impact of data centers in the midst of its ongoing data center boom. This week, following a unanimously approved motion introduced by Board Chairman Jeff McKay, county staff were inst...

A shaky US colocation provider has settled its debts with creditors. The business must find a buyer or investor to continue funding or go bankrupt and cede control to its owners. The company obtained $50 million in new funding from lenders holding over two-thirds of its existing term loan to s...

The debate surrounding the construction of a massive data center facility in Prince William County persists. Tuesday evening, residents planned to hold a protest against the Prince William Digital Gateway prior to a developer-hosted open house. Maureen Umeh of FOX 5 reports that the controvers...

A first-of-its-kind combination data center and hydrogen fuel hub is on its way to Surry County, North Virginia, it has been announced. Middleburg-based Green Energy Partners LLC is leading the project, which is called the Surry Green Energy Center (SGEC) and comes after GEP secured 641 acres ...

In Stafford County, Stafford Technology LC, a company affiliated with US real estate firm Peterson, has outlined plans to develop a 5.5 million sq ft data center park. In order to accommodate the 25-building data center campus, the company is seeking to rezone 524 acres in the Falmouth Electio...

This spring and summer, the Virginia Department of Environmental Quality is mulling over a proposal enabling data facilities in Loudoun County to draw power more routinely from on-site disaster diesel generators. The proposal aims to alleviate pressure on the transmission system, which transpo...

PowerHouse anticipates that the 265,000-square-foot building will be occupied by tenants in July, with complete construction scheduled for completion in October. Nonetheless, there is a pervasive power issue. Buddy Rizer, head of Loudoun County Economic Development, stated that each project ha...

Residents in North Virginia had recently raised their concerns about the decision made by the Department of Environmental Quality (DEQ) to permit diesel generators to power data centers in the region. The DEQ announced that it would be looking into the permittance to preserve data center relia...