Apr 22, 2022 | Posted by Abdul-Rahman Oladimeji | Madrid
Thor Equities has announced its plans to move into data centers. The US real estate group, is also looking to develop its first data center in Madrid, Spain. Thor Equities will be doing this by launching a new data center division called Thor Digital. The new unit will be headed by Roy Gibbens...
Jan 26, 2022 | Posted by Abdul-Rahman Oladimeji | Madrid
Great news for Spain as plans for a 360MW data center campus in Madrid, Spain, is underway. The data center will be developed on a 700-hectare site, and investment is expected to reach up to €5 billion ($5.67bn). The Digital Valley project is to be a ‘reference model’ for sustainability in dat...
Sep 20, 2021 | Posted by Abdul-Rahman Oladimeji | EXA Infrastructure
I Squared Capital has completed the acquisition of GTT’s infrastructure business. It has also launched a new Company with the name Exa Infrastructure in the process. I Squared Capital acquired GTT Communications’ subsea, data center assets, and terrestrial network infrastructure. The acquired ...
May 14, 2021 | Posted by MadalineDunn | Madrid
Rolls-Royce has announced that it has installed and commissioned eight mtu emergency gensets with 9.2MWe power output at a major bank in Madrid. The installation was made to secure power supply in case of a public power grid failure in the region. Rolls-Royce will ensure power s...
Feb 19, 2021 | Posted by Bob Tester | EXA Infrastructure
It is being reported that GTT Communications is considering bankruptcy. A potential bankruptcy would interrupt the infrastructure sale (which was primarily the former Interoute, KPN and Hibernia) for $2.15 billion. We will be watching closely as the story develops.Additional Information: http...
Oct 16, 2020 | Posted by Bob Tester | EXA Infrastructure
GTT has announced that it has signed an agreement to sell its Infrastructure division to I Squared Capital (ISQ) for $2.15 billion. GTT signaled plans to sell the infrastructure business last fall when it hired Credit Suisse Group and Goldman Sachs as financial advisors. It's expected that IS...