Global Data Center News

April 14, 2021

IPI Partners Closes Second Data Center Fund at $3.8 Billion

IPI Partners

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 13, 2021

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

Princeton Digital Group

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...

March 30, 2021

DC BLOX secures $187 million in Financing

DC BLOX

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 19, 2021

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

STACK INFRASTRUCTURE

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 12, 2021

DataBank issues $658M of Secured Notes

DataBank

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...

November 19, 2020

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

Vantage Data Centers

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...

October 06, 2020

Stonecourt Capital Acquires a Majority stake in 365 Data Centers

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

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

Vantage Data Centers

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...

September 01, 2020

STACK closes an additional $325 Million in Debt Financing

STACK INFRASTRUCTURE

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...

August 19, 2020

EQT acquires EdgeConneX

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. ...

July 08, 2020

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

Vantage Data Centers

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...

June 08, 2020

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

Equinix

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%...

June 03, 2020

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

Verne: IS-KEF-DC01

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 ...

May 12, 2020

EdgeMicro raises $5 million from DH Capital (PR)

EdgeMicro

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 11, 2020

Aligned Increases Facility to $575 Million (PR)

Aligned

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

Internap Emerges from Bankruptcy

HorizonIQ

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 06, 2020

CoreSite raises $150 million in debt offering

CoreSite

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.

April 30, 2020

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...

April 02, 2020

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...

April 01, 2020

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...

Data Center News

atNorth Plans €2B Salo Data Center With 75MW First Phase, 230MW Path

IPI Partners Closes Second Data Center Fund at $3.8 Billion

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

DC BLOX secures $187 million in Financing

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

DataBank issues $658M of Secured Notes

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

Stonecourt Capital Acquires a Majority stake in 365 Data Centers

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

STACK closes an additional $325 Million in Debt Financing

EQT acquires EdgeConneX

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

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

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

EdgeMicro raises $5 million from DH Capital (PR)

Aligned Increases Facility to $575 Million (PR)

Internap Emerges from Bankruptcy

CoreSite raises $150 million in debt offering

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

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

CyrusOne amends $2.5 Billion Credit Facility

Ready to Level Up Your Data Center Strategy?