Data Center News

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

Sabey Data Centers

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...

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

NEXTDC

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...

CyrusOne amends $2.5 Billion Credit Facility

CyrusOne

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...

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

TierPoint

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...

GI Partners Invests in DR Fortress (PR)

DRFortress

/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...

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

DataBank

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...

STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

STACK INFRASTRUCTURE

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...

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

Aligned

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...

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

1-Net North Data Centre

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...

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

eStruxture

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

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)

DigiPlex Norway AS

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 ...

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

CyrusOne

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...

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

AirTrunk Singapore SGP1

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...

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

Vantage Data Centers

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...

AirTrunk raises $621m for expansion

AirTrunk

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 ro...

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

Iron Mountain

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. ...

400 N Tampa sells for almost $80M

WOW! Tampa

Park Tower, at 400 N. Tampa St., has been sold to City Office REIT for $79.75 million.  The seller was New York-based Sterling American Property Inc., which paid $50 million for the tower in 2006. The 36-story Park Tower was built in 1973, according to property records. Sterling has recently c...

Microsoft's AI bet reflected in massive increase in Finance Lease commitments

Microsoft's ambitious AI strategy is becoming increasingly evident through its finance lease commitments for data centers. The tech giant's recent financial disclosures reveal a staggering $108.4 billion in finance leases that have not yet commenced, a figure that has grown by nearly $100 bill...