Data Center News

Read Vultr opens cloud data center in Mumbai
Vultr opens cloud data center in Mumbai

Vultr opens cloud data center in Mumbai

April 18, 2022 Mumbai

Vultr has announced that it has launched a cloud data center location in Mumbai, making the city its 25th global location. According to the company, it will enable businesses in India to innovate quicker and at a reduced cost. Commenting on the company’s expansion, Vinod Chacko, Business...

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Read Energy firm ZR Power Holding's data center plans
Energy firm ZR Power Holding's data center plans

Energy firm ZR Power Holding's data center plans

March 28, 2022 Mumbai

Indian Energy firm ZR Power Holdings has announced that it is investing more than Rs 1,700 crore ($223.2m) in a data center at Mahape in Navi Mumbai. The proposed facility would have a capacity of 50MW and span a 10-acre plot which the company is currently acquiring. Zain Ravadji, chairman, of ZR...

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Read AirTrunk to develop 320MW hyperscale data center in Sydney
AirTrunk to develop 320MW hyperscale data center in Sydney

AirTrunk to develop 320MW hyperscale data center in Sydney

November 05, 2021 AirTrunk

AirTrunk has revealed its plans for a new 320MW data center campus in Sydney. Upon completion, the facility will be the largest single hyperscale data center campus in the Asia Pacific region outside of China. The facility will be called SYD3, and it will be located in western Sydney. SYD3 will...

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Read Sustainable Finance: New way to address the environmental footprint of data centers
Sustainable Finance: New way to address the environmental footprint of data centers

Sustainable Finance: New way to address the environmental footprint of data centers

September 27, 2021 AirTrunk

Much has been said about how data centers adversely affect the environment. However, more data centers have begun to become 'Greener.' Besides, in order to leave a better environmental footprint, many data center companies are now spending more on green energy. Investors and data center...

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Read A commitment to a greener future: AirTrunk converts $1.545bn in sustainability linked loans
A commitment to a greener future: AirTrunk converts $1.545bn in sustainability linked loans

A commitment to a greener future: AirTrunk converts $1.545bn in sustainability linked loans

September 14, 2021 AirTrunk

AirTrunk has announced it has converted its corporate loan facilities of over AU$2.1 billion (US$1.545bn) into a Sustainability Linked Loan (SLL). The tech company is the latest to join the wave of data center companies pursuing these kinds of loans, alongside Aligned, KPN, and Nabiax. As per the...

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Read Macquarie finalizes acquisition of AirTrunk
Macquarie finalizes acquisition of AirTrunk

Macquarie finalizes acquisition of AirTrunk

April 08, 2020 AirTrunk

Macquarie has finalized the acquisition of AirTrunk. The deal, which values AirTrunk at $1.9B (USD), was led by Macquarie Asia Infrastructure Fund 2 (MAIF2) and other MIRA-managed partners. The 88% stake was acquired from Goldman Sachs, Sixth Street Partners (formerly TSSP) and from AirTrunk...

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Read Macquarie to acquire AirTrunk
Macquarie to acquire AirTrunk

Macquarie to acquire AirTrunk

January 10, 2020 AirTrunk

Bloomberg reports that AirTrunk has agreed to be acquired by Macquaire Infrastructure & Real Assets for $2.1 billion USD ($3 billion AUD). AirTrunk, an Australian based provider, operates data centers in Sydney, Melbourne, and Singapore and has announced plans to open a facility in Hong Kong...

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Read AirTrunk appoint Mark Adams as Advisory Board Member
AirTrunk appoint Mark Adams as Advisory Board Member

AirTrunk appoint Mark Adams as Advisory Board Member

October 28, 2019 AirTrunk

AirTrunk today announced the appointment of Mark Adams as an independent advisory board member. Along with advising the AirTrunk board, Mark will provide strategic input into AirTrunk’s Asia-Pacific expansion plan. Mark is a seasoned strategy and M&A executive and brings to AirTrunk his...

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Read 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, a...

AirTrunk raises $621m for expansion

August 22, 2018 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...

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