Data Center News

Bill passed to ban cryptomining data centers that use fossil fuel power plants

The New York Legislature has passed a landmark bill to ban cryptocurrency data centers that use fossil fuels to power their operations, in an effort to reduce statewide emissions by 85% by 2050. Specifically, the bill will impose a two-year moratorium on these activities, however, Governor Kat...

June 13, 2022

New York

iM Critical Opens Data Center in Miami

iM Critical has announced the opening of its new data center in Miami, Florida. The 9,290 square meter (100,000 square foot) data center building offers 5MW capacity and more than 5,575 square meters (60,000 square feet) of colocation space. The CEO of iM Critical, Michael Roark, said the Miam...

June 10, 2022

Miami

Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility

Stonerock Capital Partners and Triple Double have completed the acquisition of two properties in downtown Miami. The properties are located at 200 SE 1st Street and 44 W. Flagler Street. They paid $56.7 million for both properties. The 200 SE 1st property is a 12-story, 13,200 square meter ...

May 09, 2022

Miami

Publix Wants To Develop a $40 Million Data Center in Florida

Publix has plans to develop a data center at a former FedEx building in Florida. According to reports, the Supermarket chain is looking to invest $40 million in the building located in Polk County, Florida. However, the details of the project aren’t concrete enough at this time, as Publix c...

March 21, 2022

Miami

Unoccupied Data Center in Hauppauge, NY, sells for $21m

An unoccupied data center in Hauppauge, New York, has been acquired for $21 million. According to Newsday, Link Logistics, a subsidiary of Blackstone, bought the property. Link Logistics plans to tear down the building and redevelop it as a Class A distribution center. The data center sits on ...

February 02, 2022

New York

365 Data Centers completes round of debt refinancing

365 Data Centers has announced that it completed a round of debt refinancing while also raising new funds. The firm refinanced all its existing debt. It also secured more funds from ING Capital LLC, TD Securities, CIT Group, Boundary Street Capital, and Regions Capital Markets. 365 Data Center...

December 14, 2021

365 Data Centers

Data center plans discussed for NRG Power Plant in Dunkirk, New Yorksite

Discussions have begun around the transformation of the disused NRG Power Plant in Dunkirk, New York, into a new data center. The 76-acre site was operational from the 1950s to 2015 has been pinned as a potential location in a report by the City of Dunkirk and Chautauqua County. Dunkirk is nea...

June 20, 2021

Buffalo

365 Data Centers Appoints Steve Oakie as Chief Revenue Officer

365 Data Centers has announced that it has appointed Steve Oakie as Chief Revenue Officer. With over 20 years of experience leading technology sales and marketing teams, Oakie will be responsible for revenue generation and retention and driving long-term customer and partner relationships. He...

May 26, 2021

365 Data Centers

365 Data Centers Acquires Atlantic Metro

365 Data Centers, a leading provider of network-centric colocation and other Infrastructure-as-a-Service (IaaS) solutions, announces its acquisition of Atlantic Metro Communications, which provides tailored colocation, network and cloud services to large and mid-size enterprises. While contin...

November 16, 2020

365 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

365 Data Centers Acquires Commack, Long Island Data Center From mindSHIFT Technologies (PR)

mindSHIFT remains a managed IT infrastructure provider, continuing its commitment to local and national customers, and signs long-term colocation services agreement with 365. Norwalk, CT — 365 Data Centers, a leading provider of cloud, connectivity, and data center services for enterprise, ca...

February 04, 2020

365 Long Island LI1

365 acquires Bridgewater New Jersey Data Center from NYI

365 Data Centers announced it has acquired NYI's facility in Bridgewater New Jersey, which is 365's eleventh data center in the US. 365 Data Centers is privately held and the transaction was funded by adding a new equity investor, Turning Rock Partners.Subsequently, NYI used the proceeds to fu...

September 11, 2019

New York Internet (NYI)

365 Data Centers Acquired Chirisa Investments (PR)

GREENWICH, Conn., /PRNewswire/ -- An investor group, led by Chirisa Investments in partnership with Lumerity Capital LLC and Longboat Advisors LLC, announced today that it has acquired 365 Data Centers, a leading provider of data center solutions for carrier, content and cloud customers in eig...

April 25, 2017

365 Data Centers

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