Data Center News

Lumen divests CenturyLink ILEC assets

Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business incl...

August 06, 2021

Lumen Technologies

Keppel Corporation wants to acquire Singapore Press Holdings' real estate assets for $1.6 billion

Keppel Corporation has offered to acquire the non-media part of Singapore Press Holdings (SPH) for S$2.2 billion (USD 1.6 billion). This includes Keppel and SPH's jointly-owned data center and telco assets. The other parts of the business it wants to acquire include shopping malls, nursing ...

August 04, 2021

Keppel Data Center REIT

Apple and Google rally against Ireland's proposed moratorium on new data centers

Last month, the People Before Profit party in Ireland proposed an amendment to the Planning and Development act, to place a moratorium on new data centers being built. This proposal follows Ireland's Commission for Regulation of Utilities (CRU), launching a consultation on data center grid con...

July 28, 2021

Google

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team...

July 28, 2021

Lumen Technologies

Keppel DC REIT to acquire its first data center in China for $98 million

Keppel DC REIT has completed the acquisition of its first data center in China. The firm completed the agreement with Guangdong Bluesea Data Development Co. Ltd. and its parent Company, Guangdong Bluesea Mobile Development Co., to acquire the Guangdong Data Center in Jiangmen. The deal cost...

July 28, 2021

Keppel Data Center REIT

Yondr and Everstone forms $1 billion joint venture for developing hyperscale data centers in India

Yondr Group and private investment firm Everstone Group have formed a joint venture to develop data centers in India. The joint venture will operate under the name EverYondr, and it will have its first data center in India. The Companies have already acquired land and power for developing the ...

July 28, 2021

Yondr Group

Largest Data Center Funding Deals In Q2 of 2021

The data center industry is a multibillion-dollar industry. According to Gartner, end-user spending on data center infrastructure for 2020 was $188 billion, a 10.3% decrease from 2019’s spending. With these figures, we can reach a consensus that there’s a massive market available for data cent...

July 24, 2021

Sabey Data Centers

Microsoft reportedly in talks with Telangana government over $2 billion data center

Microsoft is reportedly in talks with the Telangana government to construct one of its largest data centers with an investment of around USD$2- 2.25 billion (Rs 15,000 crore). If this goes ahead, it will make it one of the tech giant’s biggest investments outside of the US. According to Busin...

July 23, 2021

Microsoft Azure

Equinix strives to balance expansion with its eco targets

Back in June, Equinix committed to becoming climate-neutral by 2030; however, alongside this pledge, in recent years, it has undergone significant growth. Moreover, its environmental metrics reveal that between 2018-19, the company’s scope 1 and 2 GHG emissions, carbon intensity, and energy ...

July 23, 2021

Equinix

maincubes is opening its second data center in the Frankfurt area

maincubes is building another colocation data center in Schwalbach near Frankfurt. The new data center will have a sustainable design. The sustainable design of the new facility will include efficient UPS systems that use green power and a waste heat recovery system. It will also have an in...

July 21, 2021

maincubes one GmbH

A carbon-neutral future: Which companies are committing and delivering?

In 2021, data centers are responsible for 2% of the world’s CO2 emissions, equivalent to the entire airline industry worldwide. It has also been forecast that by 2025, data centers could consume up to one-fifth of Earth’s power.Increasingly, data center companies are waking up to the fact that...

July 21, 2021

Amazon AWS

Microsoft makes pledge to run all data centers carbon neutral by 2030

Microsoft is the latest company to pledge carbon-neutrality by 2030. Within the next 19 years, the tech giant promises to run all its global data centers and offices with zero-carbon energy.In a recent blog, written by Lucas Joppa, chief environmental officer and Noelle Walsh, CVP, cloud oper...

July 21, 2021

Microsoft Azure

Digital Realty and Brookfield team up to develop data centers in India

Digital Realty has announced that it has entered into a 50/50 joint venture agreement with Brookfield Infrastructure to develop data centers in India. The brand name of the joint venture is BAM Digital Realty.Although precise details around the project are yet to be released, reports indicate...

July 16, 2021

Digital Realty Trust

Digital Realty is meeting green targets according to third annual ESG report

According to its latest ESG report, Digital Realty is meeting its sustainability targets in the push for carbon-neutrality. The company, as part of the Science-Based Target Initiative (SBTi), has committed to reducing its Scope 1 and 2 emissions by 68% and Scope 3 emissions by 24% by 2030. It...

July 16, 2021

Digital Realty Trust

Microsoft to acquire AT&T’s Network Cloud; AT&T to move its 5G network to Azure

Microsoft will acquire AT&T’s Network Cloud technology and intellectual property. It will also be making job offers to hundreds of AT&T engineers. As part of the deal, AT&T will move its 5G mobile network to Microsoft Azure. AT&T’s 5G core would be the starting point. This deal...

June 30, 2021

Microsoft Azure

Iron Mountain enters $178 million sale-leaseback deal with Intermediate Capital Group, and would use proceeds to invest in data centers

US Real Estate Investment Company Iron Mountain has announced that it sold five facilities in the greater London area to Intermediate Capital Group (ICG). The sale agreement also included a leaseback deal for the facilities. Iron Mountain will remain in the facilities for an initial 12 year pe...

June 26, 2021

Iron Mountain

NTT explains its German data center expansion plans

NTT has said that it would be expanding its German data centers by more than 40 percent. It would be doing this by adding over 323,000 square feet of IT space across existing locations in Germany. The Company currently has existing campuses in Frankfurt, Bonn, and Berlin.NTT has broken ground ...

June 22, 2021

NTT

Microsoft intends to open four data centers in China by in 2022

According to reports from Bloomberg, Microsoft is looking to add four new data centers in China by Q1 of 2022. The report states that Microsoft wants to expand its service across Asia and opening data centers in China is a step towards achieving that. Asides from that, the Company also intends...

June 18, 2021

Microsoft Azure

Equinix promises to cut emissions by 50 percent before 2030

Equinix has promised that it would reduce its emissions by 50% before 2030. It would also be reducing emissions created by its electricity supply by 50% before 2030. This promise comes few days after Greenpeace criticized the Company for not having trustworthy timelines on the use of renewable...

June 17, 2021

Equinix

Tokyo Century partners with NTT for data center business in India

NTT and Tokyo Century are coming together to form a data center partnership in India. Tokyo Century is a finance company that specializes in equipment leasing, mobility and fleet management, and specialty financing centered on aviation and real estate. NTT, on the other hand, specializes in d...

June 17, 2021

NTT

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