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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

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

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

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

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

CyrusOne amends $2.5 Billion Credit Facility

The amended agreement consists of a $1.4B revolving credit facility, which includes a $750M multi-currency borrowing sub-limit, and term loan commitments totaling $1.1B.The credit agreement also contains an option which allows CyrusOne to obtain up to $1.5 billion in additional revolving or te...

April 01, 2020

CyrusOne

TierPoint Raises $320 Million from Consortium of Investors (PR)

ST. LOUIS – TierPoint, a leading provider of secure, connected data center and cloud solutions at the edge of the internet, announced it has reached an agreement that will result in new, preferred equity investments totaling $320 million, which the company expects to be closed and funded by m...

March 24, 2020

TierPoint

GI Partners Invests in DR Fortress (PR)

/PRNewswire/ -- GI Partners, a leading private investment firm, announced the acquisition of a majority interest in DR Fortress, LLC, in partnership with the company's management team, including President Fred Rodi and CFO Rosa White, both co-founders. Founded in 2001 and headquartered in Hono...

January 16, 2020

DRFortress

DataBank Announces $185 Million Equity Investment from Colony Capital (PR

DALLAS, Jan. 6, 2020 /PRNewswire/ -- DataBank, a leading provider of enterprise-class data center, connectivity and managed services, today announced that Colony Capital (NYSE: CLNY) has made a $185 million investment into DataBank through the purchase of secondary equity interests from existi...

January 06, 2020

DataBank

STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

Long-Term, Low-Cost, Investment-Grade Facility Provides Additional Capital to Drive Market and Client Expansion DENVER, CO – NOVEMBER 22, 2019 – STACK INFRASTRUCTURE (“STACK” or the “Company”), the data center company built from the ground up to address the technology infrastructure needs of...

November 22, 2019

STACK INFRASTRUCTURE

Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)

DALLAS – Aligned Energy, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announced today it has completed a $495 million secured credit facility with investors including...

October 22, 2019

Aligned

Keppel DC REIT acquires two data centers and raises equiity (PR)

Keppel DC REIT announces two data centre acquisitions in Singapore and launches equity fund raising DPU-accretive acquisitions will strengthen Keppel DC REIT's portfolio and increase assets under management significantly by 30.7% to $2.58 billion Proposed acquisitions will be funded by a comb...

September 16, 2019

1-Net North Data Centre

eStruxture receives $145 million in fresh funding from CDPQ and Fengate

eStruxture now has fresh funding to continue its expansion. The company has already announced the acquisition of the Shaw data center in Calgary. Let's see what's next. Links: CDPQ Press Release Yahoo Finance Article Infrastructure Investor article

August 05, 2019

eStruxture

DigiPlex Issues Largest-Ever Data Centre Bond in the Nordic High Yield Market of NOK 1.80 Billion (USD c.210 Million) to Gear up for Rapid Growth (PR)

OSLO, Norway, April 30, 2019 /PRNewswire/ -- DigiPlex, the Nordic leader for innovative, sustainable and secure data centres, has successfully issued a NOK 1.80 billion senior secured bond to gear up for continued rapid growth. This bond will be one of the largest single issues in NOK to ever ...

April 30, 2019

DigiPlex Norway AS

CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)

DALLAS--(BUSINESS WIRE)--Apr. 12, 2019-- CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced that it has sold approximately 5.7 million American depository shares (“ADSs”) of GDS Holdings Limited (“GDS”) (NASDAQ: GDS) for a total purchase price of approximately $20...

April 12, 2019

CyrusOne

AirTrunk Closes $332 million in funding to build Singapore data centre

AirTrunk has announces that it has received US$332 million (S$450 million) debt financing from three global financial institutions; Deutsche Bank, Goldman Sachs, and Natixis. Additional equity capital was also raised from its founder and CEO, Robin Khuda, and shareholders, Goldman Sachs and TP...

April 10, 2019

AirTrunk Singapore SGP1

Vantage Raises an Additional $675 Million in Debt and Equity Financing

Vantage has raised $675 million for expansion projects in the United States. The company also raised $225 million in December. That's a lot of capital, however the company has many projects in the works, including: Acquired 4Degrees and entered the Montreal market in December Building a secon...

February 14, 2019

Vantage Data Centers

AirTrunk raises $621m for expansion

Singapore-based AirTrunk announced that it has successfully completed an AU$850 million (US$621m) financing round to fund a major expansion of its Australian data centers in Sydney and Melbourne, as well as across key Asia-Pacific markets. Deutsche Bank is the underwriter for the new financing...

August 22, 2018

AirTrunk

Iron Mountain completes it $1.3 billion acquisition of IO Data Centers

Iron Mountain Inc. completed its acquisition of the U.S. operations of Phoenix-based IO Data Centers LLC on Wednesday. Iron Mountain (NYSE: IRM), the Boston-based storage and information management services company, bought IO for $1.34 billion. Iron Mountain announced the acquisition Dec. 11. ...

January 10, 2018

Iron Mountain

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