Data Center News

Read Equinix expanding into Africa through $320m MainOne acquisition
Equinix expanding into Africa through $320m MainOne acquisition

Equinix expanding into Africa through $320m MainOne acquisition

December 07, 2021 Equinix

Equinix has announced that it is acquiring West Africa’s data center company MainOne for $320 million. The acquisition sees Equinix expand its operations into Africa for the first time. Funke Opeke founded MainOne in 2010 through its MDXi brand. The company has three data centers in operation in...

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Read Vantage Data Centers acquires PCCW DC
Vantage Data Centers acquires PCCW DC

Vantage Data Centers acquires PCCW DC

December 06, 2021 Vantage Data Centers

Vantage Data Centers and its lead investor, Digital Bridge Group, have announced the acquisition of PCCW Ltd.’s data center business. The acquisition sees Vantage DC’s portfolio to include 100MW of existing and expansion capacity across many facilities in Kuala Lumpur and Hong Kong. Besides, the...

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Read Vantage Data Centers secures $530 million in financing
Vantage Data Centers secures $530 million in financing

Vantage Data Centers secures $530 million in financing

November 05, 2021 Vantage Data Centers

Vantage Data Centers has announced that it has raised $530 million in securitized notes. The funds it raised would be used to refinance Vantage DC’s Variable Funding Note (VFN) facility. VFN was used to facilitate the purchase of CA22. Vantage Stabilized Data Centers, a joint venture Vantage DC...

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Read Equinix announces plans for its new data center in Manchester, UK
Equinix announces plans for its new data center in Manchester, UK

Equinix announces plans for its new data center in Manchester, UK

October 28, 2021 Equinix

Equinix has revealed its plans for a new data center in Manchester, UK. The MA5 facility is the company’s fifth IBX facility in Manchester. It is situated in the Agecroft Commerce Park in Salford. The first phase of the facility will provide up to 3,600 square meters of colocation space. It will...

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Read Equinix and PGIM Real Estate form a $575 Million Joint Venture to Develop Hyperscale Data Centers in Australia
Equinix and PGIM Real Estate  form a $575 Million Joint Venture to Develop Hyperscale Data Centers in Australia

Equinix and PGIM Real Estate form a $575 Million Joint Venture to Develop Hyperscale Data Centers in Australia

October 19, 2021 Equinix

Equinix and PGIM Real Estate have formed a new $575 million joint venture with an aim to develop hyperscale data centers in Sydney, Australia. PGIM is the real estate investment and financing division of Prudential Financial. The facilities the companies will be developing under this JV are SY9x...

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Read Vantage is expanding into Johannesburg, South Africa
Vantage is expanding into Johannesburg, South Africa

Vantage is expanding into Johannesburg, South Africa

October 13, 2021 Vantage Data Centers

Vantage Data Centers is expanding into Africa by breaking ground on a new 80MW campus in Johannesburg, South Africa. The campus will be developed in phases, with the first 16MW phase scheduled to be completed in 2022. The new facility is located in Waterfall City in Johannesburg. Also, the campus...

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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 Equinix

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 financers...

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Read Vantage Data Centers enters Asia-Pacific region by acquiring Agile Data Centers and PCCW’s data center business
Vantage Data Centers enters Asia-Pacific region by acquiring Agile Data Centers and PCCW’s data center business

Vantage Data Centers enters Asia-Pacific region by acquiring Agile Data Centers and PCCW’s data center business

September 10, 2021 Vantage Data Centers

Vantage Data Centers has announced that it is expanding into the Asia-Pacific Market by acquiring Agile Data Centers and PCCW’s data center portfolio. The primary stakeholder of Vantage Data Centers, DigitalBridge Investment Management, and other existing investors of Vantage DC have contributed...

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Read Ireland's data center boom continues as Vantage files application to build two facilities near Dublin
Ireland's data center boom continues as Vantage files application to build two facilities near Dublin

Ireland's data center boom continues as Vantage files application to build two facilities near Dublin

September 08, 2021 Vantage Data Centers

Ireland's data center boom shows no signs of slowing, as Vantage Data Centers signs an application to build its first two data centers in the country, just outside of Dublin. Its initial application outlines plans for two facilities with a gross floor area of 40,589 sqm on an 8.7-hectare plot....

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Read Equinix files application for data centers in Clondalkin, Ireland
Equinix files application for data centers in Clondalkin, Ireland

Equinix files application for data centers in Clondalkin, Ireland

August 25, 2021 Equinix

Equinix filed for permission to build a data center in Profile Park, Clondalkin, Ireland. The Company filed for permission to build a three-story data center in July. It is going to call the facility DB8. The facility will be built within a 2.65 hectare of land. The facility will also have a...

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Read Equinix secures a cheaper, green future
Equinix secures a cheaper, green future

Equinix secures a cheaper, green future

August 18, 2021 Equinix

The Australian Competition and Consumer Commission (ACCC) recently granted a group of businesses led by Equinix the right to form a renewable energy purchasing group. This formation will allow the group, which includes Nike, H&M, HSBC Bank, and Goldman Sachs, to negotiate access to cheaper...

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Read Vantage Data Centers to achieve net-zero carbon emissions by 2030
Vantage Data Centers to achieve net-zero carbon emissions by 2030

Vantage Data Centers to achieve net-zero carbon emissions by 2030

August 03, 2021 Vantage Data Centers

Vantage Data Centers recently announced that it will push to achieve net-zero carbon emissions globally by 2030. It says that it will strive to reach these targets by reducing greenhouse gas emissions and investing in carbon-removal technology. Specifically, the company will focus its efforts on...

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Read Largest Data Center Funding Deals In Q2 of 2021
Largest Data Center Funding Deals In Q2 of 2021

Largest Data Center Funding Deals In Q2 of 2021

July 24, 2021 Equinix

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 center...

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Read Equinix strives to balance expansion with its eco targets
Equinix strives to balance expansion with its eco targets

Equinix strives to balance expansion with its eco targets

July 23, 2021 Equinix

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...

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Read Equinix promises to cut emissions by 50 percent before 2030
Equinix promises to cut emissions by 50 percent before 2030

Equinix promises to cut emissions by 50 percent before 2030

June 17, 2021 Equinix

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...

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Read Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program
Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program

Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program

June 15, 2021 Equinix

Equinix has announced that it has signed agreements for additional joint ventures with GIC, Singapore's sovereign wealth fund, which will add $3.9 billion to expand its data center program. The agreements come in the form of limited liability partnerships with GIC. The close, which is expected...

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Read Equinix is Exiting Eight Leased Data Centers In The US
Equinix is Exiting Eight Leased Data Centers In The US

Equinix is Exiting Eight Leased Data Centers In The US

May 10, 2021 Equinix

Equinix has announced that it would not be renewing the leases for eight of its data centers in the US. The data centers are situated in New York, Georgia, and some in California and Atlanta. Equinix commented that the reason for the development is that some of the facilities don’t meet the...

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Read Vantage provides more Renewable Energy options to Customers
Vantage provides more Renewable Energy options to Customers

Vantage provides more Renewable Energy options to Customers

May 06, 2021 Vantage Data Centers

Vantage Data Centers has announced that it is now providing its customers access to renewable energy at each of its North American and European campuses. This development will help its customers reduce their carbon emissions. Currently, four of the campuses are now being powered by 99% renewable...

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Read Equinix prices $2.6 billion "Green" Bond Sale
Equinix prices $2.6 billion "Green" Bond Sale

Equinix prices $2.6 billion "Green" Bond Sale

May 04, 2021 Equinix

Equinix has announced that it priced $2.6 billion principal amount of notes, including $1.0 billion of green bonds in its third green bond offering. The green bonds will be used to help advance the company's longstanding commitment to sustainability leadership and reducing its environmental...

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Read Equinix to Open First Carrier-Neutral Data Center in Bordeaux, France
Equinix to Open First Carrier-Neutral Data Center in Bordeaux, France

Equinix to Open First Carrier-Neutral Data Center in Bordeaux, France

March 04, 2021 Equinix Bordeaux BX1

Equinix has announced plans to open its first data center in Bordeaux, France. The company announced that the new facility will be known as BX1 and is projected to open in the third quarter of 2021. The company is planning to provide approximately 32,000 square feet (3,000 square meters) of...

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