Sabey Data Centers News

In Texas, a proposal for four data centers has been submitted on the location of a long-proposed private airport. The application for the 'Bastrop Project' data center was submitted to the Texas Department of Licensing and Regulation (TDLR) this month. The application is for a new construction...

Sabey Data Centers has announced that work has started on a new data center campus in Round Rock, Texas. The company broke ground on the new 40-acre site. The facility will also span 40,000 square meters (430,000 square feet) across two buildings. It will also have up to 72MW in capacity upon ...

As reported by Baxtel at the end of June, Niagara Falls is being targeted as the site of a $1.5 billion technology and data center by New York City developer Howard Milstein and his partners, while the city launches a legal effort to create a new public park. While developers claim that the da...

It has been announced that New York's Department of Environmental Conservation (DEC) has denied an air permit renewal by Greenidge Generation, which could see its gas-powered Bitcoin mining data center close. This follows the Supreme Court of the United States (SCOTUS) ruling on West Virginia ...

Sabey Data Centers has pledged to reach net-zero carbon emissions by or before 2029 across its Scope 1 and Scope 2 emissions. Following the Science-Based Target Initiative (SBTi) validating the company's target and methods to achieve a 50% reduction in greenhouse gas emissions by 2030, the Sa...

Sabey Data Centers is about to issue revenue notes to the tune of $250m. According to Asset Securitization, the company will issue the notes to securitize real estate and tenant lease payments on six of its hyperscale data center campuses across Washington, Virginia, and New York. S&P will...

The New York Legislature has passed a landmark bill to ban cryptocurrency data centers that use fossil fuels to power their operations, in an effort to reduce statewide emissions by 85% by 2050. Specifically, the bill will impose a two-year moratorium on these activities, however, Governor Kat...

Sabey Data Centers has announced plans to expand its US footprint. This expansion will present itself in the form of a 40-acre data center campus located in Round Rock, near Austin, Texas. The company has outlined that the campus will comprise two buildings and provide up to 72MW of capacity. ...

Sabey Data Centers is planning to develop two data center buildings in Round Rock, Texas. The officials of Round Rock announced that the data center company wants to demolish the Sears Telesery building at 1300 Louis Henna Blvd. and develop the buildings there. Sabey has an agreement with the ...

Sabey Data Centers has announced it is expanding its SDC Quincy campus in central Washington. The company said the expansion will see 70 MW added to the campus. The campus currently spans 420,000 sq ft (39,000 sqm), and the first phase of construction will go ahead in the second half of the y...

American Real Estate Partners (AREP) has announced that, with Harrison Street, it is investing $1bn (€864m) in six data centres in the US. According to reports, this development plan will total 2.1m sqft of data centre space in Data Center Alley in Ashburn and Arcola, Virginia.Speaking about t...

The data center industry is a multibillion-dollar industry. According to Gartner, end-user spending on data center infrastructure for 2020 was $188 billion, a 10.3% decrease from 2019’s spending. With these figures, we can reach a consensus that there’s a massive market available for data cent...

Sabey Data Centers announced that it has raised $175 million by issuing securitized notes at a coupon rate of 1.881%. By offering the notes at 1.881%, Sabey has set a record for the lowest new issue spread to benchmark rates. Also, Sabey Data Centers says it is the only data center issuer to o...

Through the partnership, the telecommunications conglomerate will integrate its connectivity into data centers in Tukwila and Quincy, which will give businesses a private connection to regional Sabey data centers. According to Comcast, the move will help businesses in the local area provide be...

Sabey has secured a $250 million refinancing deal for its office and data center at 375 Pearl Street, New York City. According to Commercial Observer, J.P. Morgan and Wells Fargo will be providing a $220 million, 10-year, fixed-rate CMBS loan and a further $30 million mezzanine debt. Sabey wil...

Sabey announced it was adding 3.6 megawatts to its Integrate.Manhattan facility. The construction will be completed by the end of the year.Intergate.Manhattan is Sabey Data Centers’ 1.1 million square foot building located in Lower Manhattan.  It is a mixed used building with data center/infr...

Sabey announced that it has added a Microsoft Azure ExpressRoute node to its Intergate.Quincy data center campus in central Washington, enabling Sabey’s customers to create private connections between their IT environment and Microsoft Azure and Office 365.Sabey Press Release on May 21st 2020

Sabey Data Centers, one of the largest privately-owned multi-tenant data center owner/developer/operators in the United States, announced today that it has completed a major financing by successfully completing its inaugural issuance of $800 million in securitized notes. Structured by Guggenhe...