Data Center News

TierPoint aims to raise $925 million through securitized loans

TierPoint seeks to raise $925 million by selling A-rated data center revenue notes from Kroll Bond Rating Agency. The exchange is TierPoint's first and is backed by 31 colocation data centers with approximately $397.2 million in annualized monthly frequent revenue and $198.3 million in yearly...

June 29, 2023

TierPoint

Sobrato sells Equinix-leased Silicon Valley data facility to Invesco for $86 million

Invesco has purchased a data center in San Jose, California, run by Equinix. Mercury News reports that the Sobrato Organization recently sold 1735 Lundy Avenue in San Jose to Invesco Real Estate for $86.3 million, citing documents from Santa Clara County.The single-story building encompasses 1...

June 22, 2023

Equinix

365 Data Centers Planned Tampa Campus Expansion

365 Data Centers is constructing an additional data center space at its Tampa, Florida, site. The Tampa Internet Exchange and 25 carriers are housed in the Franklin Exchange building at 655 North Franklin Street, the campus location. The company's current market footprint will double due to t...

June 20, 2023

365 Data Centers

External construction work on Digital Realty’s latest Frankfurt data center now complete

Digital Realty’s new data center, FRA33 facility in Hattersheim, Frankfurt, Germany, has now been completed, it has been announced. The new facility will reportedly offer 40MW of IT capacity spanning 16,000 square meters (172,222 sq ft) of white space. The construction firm that worked on the...

June 14, 2023

Digital Realty Trust

Equinix to open its first data center in Kuala Lumpur in 2024

Equinix is expanding its data center footprint in Malaysia, with plans for a new data center in Kuala Lumpur called KL1, which, the company said, will provide greater digital infrastructure capacity in the country. The new facility, which follows the company's announcement of JH1 in Johor, wi...

June 12, 2023

Equinix

Digital Realty designs data center on Marseille sugar silo site

Digital Realty will construct a new data center on the site of an ancient sugar silo at the Port of Marseille-Fos, having won a bid to acquire and develop the land. The new MRS5 facility will reportedly encompass approximately 107,640 square feet and will be operational by the end of 2025. Acc...

June 09, 2023

Digital Realty Trust

Iron Mountain and Web Werks invest $170m in Navi Mumbai data facility

Web Werks and Iron Mountain plan to invest 170 million dollars in a data facility in Navi Mumbai, India. The envisioned facility, Mumbai-3, will have a 32MW capacity and be constructed to Tier III specifications. The JV already owns a five-acre parcel to develop the data center, which is antic...

June 09, 2023

Iron Mountain

Digital Realty gets $1.1 billion, sells Texas and Illinois data facilities

Digital Realty, a US data center company, has had an eventful week raising money and selling data centers. The company announced that it had raised over $1 billion through the sale of shares, with the money going to be used for expansion and debt reduction. Digital is selling the vast majority...

June 07, 2023

Digital Realty Trust

Equinix to open its third International Business Exchange (IBX) data center in Dubai

Equinix has announced that it is opening its third International Business Exchange (IBX) data center in Dubai, which, at full build-out, will offer 1,800 cabinets of capacity across two phases or a total footprint of 12,000 square meters (135,000 square feet). The facility will support the co...

May 31, 2023

Equinix

Digital Realty Plans to Construct a Thirteen-story Data Center in Los Angeles

Digital Realty has applied to construct a new data center in Los Angeles, California. The company has applied to construct a thirteen-story data center at 727 S Grand Avenue in downtown Los Angeles. The prospective applicant is GIP 7th Street LLC, a well-known subsidiary of Digital Realty. At ...

May 26, 2023

Digital Realty Trust

Digital Realty Sets Up Direct Liquid Cooling at Paris "HPC-capable" Data Center

Direct liquid cooling (DLC) capabilities have been implemented at Digital Realty's La Courneuve data center in Paris, France. According to the company, its new facility is capable of high-performance computing (HPC). Fabrice Coquio, SVP and managing director – France at Digital Realty stated t...

May 12, 2023

Digital Realty Trust

Equinix signs 150MW PPA in Spain

Equinix has announced that it has inked a ten-year power purchase agreement (PPA) with Sonnedix. The deal will see the colocation provider source energy from three PV plants in the Castilla-La Mancha region of Spain. The three plants are pegged to be operational by the end of 2024; collective...

May 09, 2023

Equinix

DataBank Begins Construction of a New Data Facility in Atlanta, Georgia

DataBank has begun constructing a new data center in Atlanta, Georgia, and has completed an expansion in San Diego, California.The US-based business announced the start of construction on its ATL4 data center in Atlanta last week. The colocation facility, located at 200 Selig Drive, will incl...

May 04, 2023

DataBank

Second Bankruptcy Filing by INAP Since 2020

INAP has once again filed for bankruptcy. This week, the company voluntarily filed for Chapter 11 as part of its debt restructuring statement. The company stated that INAP has freely filed motions under Chapter 11 of the US Bankruptcy Code in the US Bankruptcy Court for the District of Delawa...

May 03, 2023

HorizonIQ

Equinix Plans 30MW+ Data Facility in Slough, UK

Equinix plans to construct a new 30MW+ data center in Slough Trading Estate, Berkshire, just outside of London. Late last year, as initially reported by the Royal Borough Observer, the corporation submitted a planning application for LD14. The Slough planning commission voted unanimously in...

April 27, 2023

Equinix

EdgeConneX Increases the Size of Its Israeli Data Centers

The construction of a new facility in Rishon will allow EdgeConneX, an innovator in global Hyperlocal to Hyperscale Data Center Solutions, to increase its data center impact in Israel. The new data center will meet the region's growing demand from hyperscalers, cloud service providers, and bus...

April 25, 2023

EdgeConneX

DataBank to expand one of its Seattle, Washington facilities

DataBank has announced it is expanding one of its Seattle, Washington facilities. The company plans to increase the floor space to 27,900 square feet (2,590 sqm) and up the available critical IT power to 3MW.“We decided to expand our footprint in the Seattle area based on how fast its digital...

April 18, 2023

DataBank

Digital Realty makes a series of renewable energy announcements

Digital Realty has announced that it has signed a number of renewable energy deals in line with its net zero and sustainability goals. In Australia the company has signed a renewable electricity supply contract with Origin Energy. The colocation company will procure energy from the Origin Sto...

April 14, 2023

Digital Realty Trust

Iron Mountain signs PPA in the Netherlands

Iron Mountain will procure solar energy for its Dutch campus following the signing of a PPA with local energy company Sunrock, the largest developer of rooftop solar deployments in the Netherlands. Through the deal, the data center company will source energy from a 4MW solar system, which has...

April 14, 2023

Iron Mountain

GI Partners Acquires Ashburn Facility From Digital Realty

Digital Realty has sold GI Partners a data center in Ashburn, Virginia. According to Dgtl Infra, Digital Realty has sold the property at 43915 Devin Shafron Drive in Loudoun County to a private equity company. The single-story, 9 MW, 132,280 square foot building, also known as Building A, purp...

April 13, 2023

Digital Realty Trust

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