Dec 02, 2022 | Posted by Abdul-Rahman Oladimeji | Canberra Data Centres (CDC)
Canberra Data Centers has announced the close of a US$1.8 billion refinancing. Law firm Gilbert+Tobin (G+T) revealed that it advised the Australian data center firm on the AU$ 2.7 billion (US$1.8B) refinancing. G+T also said it advised CDC on upsizing its debt facilities and its US$209.4 milli...
Dec 02, 2022 | Posted by Abdul-Rahman Oladimeji | Green Datacenter AG
Green has announced the closing of a $514 million refinancing. The Swiss data center operator successfully refinanced its existing facilities with a total package of CHF 480 million ($514m) from Swiss and international banks. According to the company, the funds will be used to speed up its dev...
Dec 02, 2022 | Posted by Abdul-Rahman Oladimeji | Digital Realty Trust
Digital Realty has announced that it is offering a $350 million note to the public. In addition, its Digital Core Real Estate Investment Trust (REIT), listed in Singapore, will buy a stake in a Digital Realty-owned data center in Germany. The company noted that it is priced an underwritten PO ...
Dec 01, 2022 | Posted by Abdul-Rahman Oladimeji | Vantage Data Centers
According to Real Deal and Globe Street, Vantage Data Centers has received $350m in funding to develop a data center in Santa Clara, California. Vantage DC acquired a building in the city, and the fund will be used to convert it into a data center campus. The planned facility will span 44,500 ...
Nov 25, 2022 | Posted by Abdul-Rahman Oladimeji | OVH Group
OVHcloud has secured a €200 million ($208m) loan from the European Investment Bank (EIB). The loan will be used to fund future developments. OVHcloud's goal is to provide a sustainable cloud service alternative in Europe to replace US cloud providers. It aims to support European privacy standa...
Nov 11, 2022 | Posted by Abdul-Rahman Oladimeji | Google The Dalles Oregon
Google has started paying property taxes at its Oregon data center- 15 years after it launched the facility. The company got a tax bill of $5.2m from Wasco County after its tax break expired. Google developed the data center in 2006. The tax bill might be small for Google, but it will signific...
Oct 31, 2022 | Posted by Abdul-Rahman Oladimeji | CoreSite
Investment company Stonepeak has increased its investment in CoreSite by $570m. The data center company was acquired in 2021 by American Tower Corporation for $10 billion. After the acquisition, Stonepeak invested $2.5 billion in the data center company in the summer. Stonepeak’s new investmen...
Oct 24, 2022 | Posted by Abdul-Rahman Oladimeji | DataBank
The Investment Management Corporation of Ontario (IMCO) will invest around US$450m in DataBank. The Canadian firm signed an agreement to invest the funds as part of DataBank’s recapitalization process. DataBank is expected to close the deal in Q4 2022. The Chief Investment Officer of IMCO, Ros...
Oct 07, 2022 | Posted by Abdul-Rahman Oladimeji | DC Two
DC Two has announced that it raised AU$1 million (US$647,000). The fund was raised at a $0.039 per share offer. The company noted that the money would be used to speed up its growth. In addition, it would be geared towards marketing its Bibra Lake data center. The managing director of DC Two, ...
Jul 25, 2022 | Posted by Abdul-Rahman Oladimeji | Madrid
According to Cinco Dias, Spanish data center developer Xdata is looking to offload a stake in its company to help fund its 100MW Madrid data center campus development. The company has reportedly contacted CBRE and Morgan Stanley to seek an investor. Stoneshield established XData Properties in ...
Jun 30, 2022 | Posted by Abdul-Rahman Oladimeji | Sabey Data Centers
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...
Jun 14, 2022 | Posted by Abdul-Rahman Oladimeji | Saudi Telecom Company
Saudi Telecom is mulling over increasing its share capital by $8 billion. The company revealed this in a statement earlier in the week. If it happens, STC will issue 30 billion new shares. Existing shareholders will also be offered 1.5 new shares for every share they own. According to Refiniti...
May 30, 2022 | Posted by Abdul-Rahman Oladimeji | Telefonica
Telefonica has announced that it has issued its first senior sustainable bond. The bond will be used to sponsor sustainability initiatives and projects. The nine-year bond amounts to €1 billion ($1.06 billion). Telefonica saw immense success with the bond as it was over subscribed by more than...
Apr 22, 2022 | Posted by Abdul-Rahman Oladimeji | Ark Data Centres
Ark Data Centres has announced that it has secured a loan of £700 million ($902m). The UK data center firm plans to use the funds to refinance an existing credit facility and partially expand its data center campuses. The loan was structured by ING. Lloyds, ABN Amro, Crédit Agricole CIB, NordL...
Apr 01, 2022 | Posted by Abdul-Rahman Oladimeji | Indonesia
Edge DC of Indonesia has announced that it secured credit facilities with PT Bank Central Asia Tbk. The company aims to use the funds to expand its business. It secured working capital loans worth IDR 100 billion ($7m) and credit facilities worth IDR 2.7 trillion ($188m). The company currently...
Mar 04, 2022 | Posted by Abdul-Rahman Oladimeji | United Kingdom
Pioneer Point Partners LLP has announced that it closed its maiden institutional fund. The fund is worth €575 million ($640.9m). The fund exceeded the company’s initial target of €500 million ($557m). Pioneer Point Partners attracted investments from 15 North American and European institutiona...
Mar 02, 2022 | Posted by Abdul-Rahman Oladimeji | TierPoint
TierPoint has announced that Argo Infrastructure Partners has invested $500 million into its business. The move sees Argo Infrastructure Partners become the largest single equity investor in the firm. TierPoint will use the net proceeds from the transaction to expand the company and provide pa...
Feb 24, 2022 | Posted by Abdul-Rahman Oladimeji | GDS Services Ltd
GDS Holdings has announced that it raised $620 million through convertible notes. The Chinese data center firm revealed that it entered into a deal to sell convertible senior notes worth $620 million to ST Telemedia Global Data Centres, Sequoia China Infrastructure Fund I (SCIF), and an Asian ...
Feb 23, 2022 | Posted by Abdul-Rahman Oladimeji | Princeton Digital Group
Princeton Digital Group has announced that it raised a new round of equity led by Mubadala. Mubadala is the Abu Dhabi government’s arm, and it has put in $350 million in the equity round worth over $500 million. The round will fund PDG, which has 20 data centers across the APAC region with a t...
Feb 21, 2022 | Posted by Abdul-Rahman Oladimeji | NxtGen Infinite Datacenter
According to The Business Standard, NxtGen Datacenter and Cloud Technologies want to raise $100 million. The company intends to use the money raised to fund an expansion spree in India. NxtGen is looking to develop 236 Edge facilities and 10 data centers across India. The company offers IT ser...