Luxembourg News

Data4, a French data center company, will open a new facility in Hanau, Germany. P3 Logistic Parks, a European logistics real estate business financed by GIC, revealed plans for a massive data center campus on the grounds of a decommissioned army barracks in Hanau, east of Frankfurt, last year...

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...

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...

Verizon has announced that it is expanding its digital footprint with the addition of a second data center in Colorado Springs. The company has submitted a proposal for a 49,000 square-foot (4,500 sqm) data center on Arrowswest Drive in El Paso County, with plans for a potential second phase ...

French data center firm, Data4 is planning to invest up to €200 million ($237 million) in its new Poland campus. According to Les Echos, Data4 wants to expand in Poland, and it will be investing over €100 million ($118m) within three years. It will also be investing up to €200 million ($237 mi...

Atos’s MeluXina supercomputer, first announced in September was inaugurated on June 7th, and will be hosted by LuxConnect’s data centers in Bissen. The MeluXina supercomputer The supercomputer is co-financed by the European High Performance Computing Joint Undertaking and ...

Data4 has announced that it has raised €620 million ($737.5 million) in debt financing, which will allow it to overcome new digital challenges and execute its 2024 growth plan. The financing, secured from three banks - Deutsche Bank, Société Générale and SMBC, means the company now has access ...

Denmark’s largest commercial pension fund PFA has bought a 20% stake in data centre platform DATA4 from AXA in its continued drive to pile on foreign real estate. The DKK688bn (€92.2bn) pension fund said it bought the shares from AXA Investment Managers - Real Assets, which was also serving as...

WAYNE, Pa – Sungard Availability Services (Sungard AS) named Terrence J. (TJ) Anderson as its new executive vice president and chief financial officer, and Brian Crotty as its new executive vice president and chief commercial officer. “TJ is a results-oriented senior executive with a wide brea...

According to Bloomberg, Sungard Availability set a record for the fastest bankruptcy. The company filed for Chapter 11 protection on Wednesday May 1st, 2019 and emerged 20 hours later with an approved reorganization plan which reduces its debt and allows Sungard to continue to operate its busi...

Involved in the governance of DATA4 since 2012, AXA IM – Real Assets has supported the company in taking on the challenges of the digital transformation of companies and recognised the strong potential of the Internet infrastructure sector, two areas that are key to the digital economy. Establ...

REDWOOD CITY, Calif., May 1, 2017 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of 29 data centers and their operations from Verizon Communications Inc. (NYSE, Nasdaq: VZ). The U.S. $3.6 billi...