Data Center News

Read Greenidge gas powered cryptomining data center denied air permit renewal
Greenidge gas powered cryptomining data center denied air permit renewal

Greenidge gas powered cryptomining data center denied air permit renewal

July 05, 2022 New York

It has been announced that New York's Department of Environmental Conservation (DEC) has denied an air permit renewal by Greenidge Generation, which could see its gas-powered Bitcoin mining data center close. This follows the Supreme Court of the United States (SCOTUS) ruling on West Virginia v...

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Read A $1.5 Billion Data Center in Niagara Falls is Being Planned
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A $1.5 Billion Data Center in Niagara Falls is Being Planned

June 29, 2022 New York

Urbacon and Niagara Falls Redevelopment (NFR) have announced plans for a $1.5 billion data center park on land in Niagara Falls, New York City. Urbacon is an Ontario-based construction company with an excellent track record of developing massive data center campuses in Richmond Hill, Montreal,...

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Read Material and labor shortages in the data center
Material and labor shortages in the data center

Material and labor shortages in the data center

June 14, 2022 San Francisco Bay Area

As the need for data grows and grows, demand for data center construction is as strong as ever, however, the boom is being hampered by a number of factors, including supply and labor shortages, and price hikes. In a recent report named 'Data center market conditions update - Q1, 2022,'...

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

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

June 13, 2022 New York

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 Kathy...

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Read iM Critical Opens Data Center in Miami
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iM Critical Opens Data Center in Miami

June 10, 2022 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 Miami...

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

May 09, 2022 Miami

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...

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

March 21, 2022 Miami

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 claims...

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

February 02, 2022 New York

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...

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Read 365 Data Centers completes round of debt refinancing
365 Data Centers completes round of debt refinancing

365 Data Centers completes round of debt refinancing

December 14, 2021 365 Data Centers

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 Centers...

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Read 365 Data Centers Appoints Steve Oakie as Chief Revenue Officer
365 Data Centers Appoints Steve Oakie as Chief Revenue Officer

365 Data Centers Appoints Steve Oakie as Chief Revenue Officer

May 26, 2021 365 Data Centers

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...

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Read 365 Data Centers Acquires Atlantic Metro
365 Data Centers Acquires Atlantic Metro

365 Data Centers Acquires Atlantic Metro

November 16, 2020 365 Data Centers

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 continuing...

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Read Stonecourt Capital Acquires a Majority stake in 365 Data Centers
Stonecourt Capital Acquires a Majority stake in 365 Data Centers

Stonecourt Capital Acquires a Majority stake in 365 Data Centers

October 06, 2020 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:...

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

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

February 04, 2020 365 Long Island LI1

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,...

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Read 365 acquires Bridgewater New Jersey Data Center from NYI
365 acquires Bridgewater New Jersey Data Center from NYI

365 acquires Bridgewater New Jersey Data Center from NYI

September 11, 2019 365 Bridgewater NJ

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 fund...

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Read 365 Data Centers Acquired Chirisa Investments (PR)
365 Data Centers Acquired Chirisa Investments (PR)

365 Data Centers Acquired Chirisa Investments (PR)

April 25, 2017 365 Data Centers

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 eight...

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