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Data Centre Developer Sues New Jersey Town for $300m

Data centre developer Hexa Builders is seeking $300 million in damages from Monroe Township, New Jersey, after officials rejected its proposed 1 million sq ft data centre in May. The lawsuit, filed in New Jersey Superior Court, alleges the township council and planning board violated multiple constitutional rights, including zoning authority, fundamental fairness, and First and Fourteenth Amendment protections. Hexa argues the application was rejected because of the township’s opposition t...

August 01, 2026

Posted by: Abdul-Rahman Oladimeji

New Jersey

Equinix prices $2.6 billion "Green" Bond Sale

Equinix has announced that it priced $2.6 billion principal amount of notes, including $1.0 billion of green bonds in its third green bond offering. The green bonds will be used to help advance the company's longstanding commitment to sustainability leadership and reducing its environmental im...

May 04, 2021

Equinix

IPI Partners Closes Second Data Center Fund at $3.8 Billion

IPI Partners have announced the final closing of IPI Partners II at $3.8 billion. The funds raised, which is IPI’s second, attracted more than the target, which shows the company has robust support from investors. Matt A’Hearn, Partner at IPI, said the fundraising for IPI II was a tremendous s...

April 14, 2021

IPI Partners

PRINCETON DIGITAL GROUP Secures $230 Million Financing, Charts Out $1 Billion Expansion in China (PR)

Continued progress against an aggressive 300MW expansion plan Confirms completion of fully contracted 42MW Shanghai data center campus Largest international partner to domestic and international hyperscaler customers in China SINGAPORE & SHANGHAI--(BUSINESS WIRE)--Singapore-based Princet...

April 13, 2021

Princeton Digital Group

DC BLOX secures $187 million in Financing

DC BLOX has announced that they have secured $187 million for long-term financing of their operations. The funding was led by Post Road Group and Bain Capital Credit. Kevin O’Donnell, the Chief Financial Officer of DC BLOX, commented that the capital raised would support the growth of the Comp...

March 30, 2021

DC BLOX

STACK INFRASTRUCTURE Raises $400 million in Another Round of Structured Debt Financing

STACK INFRASTRUCTURE has lined up another large round of financing. The Data Center operator has borrowed $400 million through the sale of securitized notes, the latest in four transactions that have raised $1.8 billion to build more data centers.Last September STACK raised $325 million in sec...

March 19, 2021

STACK INFRASTRUCTURE

DataBank issues $658M of Secured Notes

Colocation provider DataBank will issue $658 million of secured notes. The new securitization notes will refinance DataBank's existing credit facility. This securitization and refinancing of previous loans adds more than $200M in liquidity to DataBank's balance sheet, providing funding for gen...

March 12, 2021

DataBank

Vantage Raises an additional 1.25 Billion in Equity Capital from Digital Colony

DENVER (November 19, 2020) – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that it has raised US$1.25 billion in incremental equity capital from its existing investors, led by Digital Colony. This funding will be used to fuel ongoing expan...

November 19, 2020

Vantage Data Centers

Stonecourt Capital Acquires a Majority stake in 365 Data Centers

Private equity investor Stonecourt Capital has acquired a majority stake in 365 Data Centers. The original investors (Lumerity Capital and Longboard Advisors) have reinvested into 365. However, Chirisa Investments and Turning Rock Partners have exited as investors.365 Press Release is below: N...

October 06, 2020

365 Data Centers

Vantage Data Centers Raises US$1.3 Billion in Securitized Notes to Accelerate North American Expansion

Company leverages favorable interest rates to reduce costs, extend debt maturity profile and fund expansion opportunities DENVER – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that the company raised US$1.3 billion in securitized notes. Th...

October 06, 2020

Vantage Data Centers

STACK closes an additional $325 Million in Debt Financing

Denver-based Stack Infrastructure, a data center company, has closed a $325 million debt offering. Stack also issued securitized notes in February and November of last year. Including the latest round, the company has so far raised a total of $1.4 billion to fuel its growth. Stack's Press Rel...

September 01, 2020

STACK INFRASTRUCTURE

EQT acquires EdgeConneX

The Swedish investment firm EQT AB has announced that it acquired the US-based colocation company EdgeConneX. EdgeConneX has a global footprint, operating over 40 facilities in 33 markets across North America, Europe and South America and continues to expand after being founded a decade ago. ...

August 19, 2020

EdgeConneX

Colony Capital and Vantage Data Centers to Form Strategic Partnership to Advance Data Center Growth

Vantage has announced that Colony Capital will invest $1.2 billion into Vantage. This is on top of the $800 million it raised in February 2020 and $692 million it raised in 2019. A massive war chest to fund Vantage's aggressive expansion into Europe. Earlier this year the company announced it ...

July 08, 2020

Vantage Data Centers

Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

REDWOOD CITY, Calif /PRNewswire/ -- Equinix, Inc. ("Equinix") (Nasdaq: EQIX), the global interconnection and data center company, announced the pricing of its underwritten public offering of $2.6 billion aggregate principal amount of senior notes, consisting of $500,000,000 of 1.250% Senior No...

June 08, 2020

Equinix

Verne Global Secures $27M in Funding to Expand Icelandic Data Center Campus

London, UK, – Verne Global, a provider of advanced data center solutions for high performance computing (HPC), today announced a new round of funding of $27M to expand its Icelandic data center campus. All current investors – the Wellcome Trust, Novator Partners, Stefnir and General Catalyst ...

June 03, 2020

Verne: Keflavik Campus

EdgeMicro raises $5 million from DH Capital (PR)

Denver, Colo. – EdgeMicro, a leading edge colocation company, lands $5 million to accelerate its expansion. DH Capital, LLC, an investment banking firm serving companies in the internet infrastructure, communications, and software sectors, served as EdgeMicro’s financial advisor. “We are plea...

May 12, 2020

EdgeMicro

Aligned Increases Facility to $575 Million (PR)

DALLAS – Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces it has increased its secured credit facility to $575 million as the company experiences conti...

May 11, 2020

Aligned

Internap Emerges from Bankruptcy

Internap (INAP) has completed a financial restructuring and emerged from bankruptcy. On March 16, Internap filed for Chapter 11 bankruptcy to strengthen its capital structure. INAP negotiated a “prepackaged” bankruptcy with its lenders: Completed the reorganization in just seven weeks It emerg...

May 11, 2020

HorizonIQ

CoreSite raises $150 million in debt offering

CoreSite has raised $150M in a debt offering, via a private placement to accredited investors. According to CoreSite, the 3.75 percent Senior Notes are due in 2027. The company said the proceeds of the financing will go to refinance existing debt and for general corporate purposes.

May 06, 2020

CoreSite

Sabey Data Centers Successfully Issues $800M in Securitized Notes (PR)

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...

April 30, 2020

Sabey Data Centers

NEXTDC raised $408 million (USD) and announced Sydney expansion

NEXTDC, The Australia-based data centre operator, completed a $408 million USD ($672 million AUD) in institutional placement and announced plans to accelerate the development of its S3 Sydney data center. The first phase will be 12 MW and is expected to be completed by the first half of fiscal...

April 02, 2020

NEXTDC

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