Nov 25, 2021 | Posted by MadalineDunn | Digital Realty Trust
Digital Realty has announced that it has "amended, extended, and upsized" its existing global revolving credit facility from $2.35 billion to $3.0 billion, which now feature a sustainability-linked pricing component. Moreover, the pricing will be "subject to adjustment" based on performance ta...
Nov 12, 2021 | Posted by Abdul-Rahman Oladimeji | Northern Virginia
Prince William County’s planning commission has voted 6-1 to pause the development of a Gainesville data center until late January. CTP-II LLC proposed the data center project in question. CTP-II LLC wanted 22.72 acres of land to be rezoned from business and light industrial to data center con...
Oct 27, 2021 | Posted by Abdul-Rahman Oladimeji | Digital Realty Trust
Digital Realty has announced that it has formed a joint venture with Pembani Remgro Infrastructure Fund to acquire Medallion Data Centres. Medallion is Nigeria’s top interconnection and colocation provider. The company operates two data centers in the country. One of the facilities is in Abuja...
Oct 15, 2021 | Posted by Abdul-Rahman Oladimeji | Digital Realty Trust
Digital Realty has reached an agreement to make a strategic investment in AtlasEdge Data Centres. The investment will also see Digital Realty’s Executive VP, Strategic & Business Segments, Giuliano Di Vitantonio, join AtlasEdge as CEO, starting January 2022. AtlasEdge delivers smooth, loca...
Oct 13, 2021 | Posted by Abdul-Rahman Oladimeji | Northern Virginia
Landmark Dividend, which DigitalBridge acquired earlier in the year, has acquired what it refers to as a “portfolio of assets” in Northern Virginia. It acquired 1.2 million square feet of data center space within the Quantum Park in Northern Virginia. According to Landmark Dividend, the proper...
Oct 12, 2021 | Posted by MadalineDunn | Northern Virginia
Northern Virginia is in the midst of a data center boom. This has partly developed due to a demand for new data centers resulting from the pandemic, which means that it currently has the highest density of data centers in the world. Loudoun County alone has over 100 data centers, with more tha...
Sep 30, 2021 | Posted by MadalineDunn | Northern Virginia
On Wednesday, Loudoun county supervisors came together to discuss the county's energy strategy. This discussion has come following a surge of data centers in the area over the past 15 years. The county's "Data Center Alley" is pinned as the world's largest concentration of data centers, totall...
Sep 27, 2021 | Posted by Abdul-Rahman Oladimeji | Aligned
Much has been said about how data centers adversely affect the environment. However, more data centers have begun to become 'Greener.' Besides, in order to leave a better environmental footprint, many data center companies are now spending more on green energy. Investors and data center financ...
Sep 24, 2021 | Posted by Abdul-Rahman Oladimeji | Menlo Equities
Menlo Equities has completed the acquisition of four Digital Realty data centers in Silicon Valley. The firm acquired the facilities for a combined $108.8 million. First, it acquired a facility at 4650 Old Ironside Drive in Santa Clara for $35.8 million. The facility has 124,400 square feet of...
Sep 15, 2021 | Posted by Abdul-Rahman Oladimeji | Northern Virginia
196-acres of land has been rezoned for data center purposes in Gainesville, Northern Virginia. This is after the Prince William Board of County Supervisors voted that a 196-acre land off Linton Hall Road should be zoned for data center use. A 1 million square feet data center campus will also ...
Sep 06, 2021 | Posted by Abdul-Rahman Oladimeji | Northern Virginia
Prince William’s Board of County Supervisors is going to hold a public hearing on a proposed data center facility in Northern Virginia later this week. The purpose of the meeting is to decide whether to rezone the 196.28 acres of land across three properties from agricultural to industrial use...
Aug 25, 2021 | Posted by Abdul-Rahman Oladimeji | Digital Realty Trust
Digital Realty has filed for permission to build data centers in Clondalkin, Ireland. According to Digital Realty’s application, the Company wants 10-year permission to build two data center buildings called DUB15 and DUB16 close to its existing facilities in Clondalkin. These buildings will h...
Jul 21, 2021 | Posted by MadalineDunn | Northern Virginia
In Winchester, Virginia, local officials have voted to rezone more than 277 acres for a new data center and logistics park despite significant public backlash. The development project is known as One Logistics Park and has received. The land rezoned for the park The Winche...
Jul 16, 2021 | Posted by MadalineDunn | Digital Realty Trust
Digital Realty has announced that it has entered into a 50/50 joint venture agreement with Brookfield Infrastructure to develop data centers in India. The brand name of the joint venture is BAM Digital Realty.Although precise details around the project are yet to be released, reports indicate...
Jul 16, 2021 | Posted by MadalineDunn | Digital Realty Trust
According to its latest ESG report, Digital Realty is meeting its sustainability targets in the push for carbon-neutrality. The company, as part of the Science-Based Target Initiative (SBTi), has committed to reducing its Scope 1 and 2 emissions by 68% and Scope 3 emissions by 24% by 2030. It...
Jun 17, 2021 | Posted by Abdul-Rahman Oladimeji | Digital Realty Trust
Digital Realty has announced in its third ESG report that half of its global data center portfolio is now powered by green energy. It did this by increasing the portfolio of its data centers being powered by renewable energy by 20% in 2020. Impressively, it also increased its energy consumptio...
Jun 17, 2021 | Posted by MadalineDunn | Northern Virginia
A one million square foot data center has been given the go-ahead just outside the town of Haymarket, following the Prince William Board of County Supervisors approving a rezoning and special use permit. Locals, however, have voiced their concerns that minority communities may be negatively i...
Jun 17, 2021 | Posted by Bob Tester | Amazon AWS
The Fauquier Times reports that Amazon Web Services is planning to buy 41.7 acres of land in Warrenton, North Virginia if the town finally changes its rules to allow the construction of data centers. At a Warrenton Planning Commission, it was proposed that the rule be changed and data centers...
Jun 10, 2021 | Posted by Bob Tester | Digital Realty Trust
According to a report from Bloomberg, Digital Realty is considering an Initial Public Offer (IPO) of a Singaporean trust that could raise between $300 million to $400 million. The report says Digital Realty is working with its advisers on the listing, and they are looking to conclude the IPO b...
May 26, 2021 | Posted by Bob Tester | Northern Virginia
Hanley Energy has decided to expand its operations in Loudoun County, Virginia. The Irish company will be leasing a 36,600 square foot building from Merritt Properties for this purpose. Merritt initially bought the 6.7-acre site with plans to build a light industrial building over it. Besides...