Data Center News

Equinix Partners With GIC For another $525m Joint Venture

Equinix is making strategic partnerships as it announced that it had formed another joint venture with GIC. The data center company and the Singapore sovereign wealth fund aim to develop hyperscale facilities in South Korea. The companies announced the $525 million joint venture details earlie...

January 27, 2022

Equinix

Equinix pushes ahead with green energy deal

Equinix has signed a green energy deal it has announced. By penning a 10-year Power Purchase Agreement (PPA) with Neoen and Prokon, Equinix will be provided with 85% of the energy produced by the 35MW Björkliden wind farm in the municipality of Närpes, in the western region of Ostrobothnia. T...

January 12, 2022

Equinix

Cologix recapitalizes with Stonepeak

Investment firm Stonepeak has revealed that it has recapitalized Cologix. Stonepeak is an Abu Dhabi sovereign wealth fund, and it has decided to pull out its investment in Cologix. The agreement sees Stonepeak Infrastructure Fund II LP and its co-investors sell Cologix to vehicles managed by S...

January 07, 2022

Cologix

Equinix partners with Nasdaq

Equinix has formed a multi-year partnership with Nasdaq, Inc, which will help the company scale its NY11 data center in Carteret, New Jersey. This will also support the build-out of Nasdaq's cloud infrastructure.Tal Cohen, Executive Vice President, Head of North American Markets at Nasdaq, sa...

December 16, 2021

Equinix

New European Clean Hydrogen Partnership announced

The European Clean Hydrogen Partnership has announced its €2.5 million EcoEdge PrimePower project (E2P2). The tech consortium making up the partnership includes Equinix, InfraPrime, RISE, Snam, SolidPower, TEC4FUELS and Vertiv. Together, they will pursue the development of low-carbon fuel cell...

December 15, 2021

Equinix

Cologix plans to raise $1.1 billion through ABS notes

According to Asset Securitization Report, Cologix is planning to raise funds through a $1.1 billion securitization. Cologix will be issuing Asset-Backed Security notes by using proceeds from seventeen properties as backing. According to filings with the Kroll Bond Rating Agency, Deutsche Bank ...

December 14, 2021

Cologix

Equinix's PE3 data center launched in Perth, Australia

Equinix has announced that its PE3 data center in Perth, Australia, has launched, the third IBX facility in the city. According to reports, the first phase of the project provides a capacity of 700 cabinets spanning 1,830 sqm (38,600 sqtf), following an investment of US$54 million (A$71.7 mill...

December 10, 2021

Equinix

Equinix expanding into Africa through $320m MainOne acquisition

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 operati...

December 07, 2021

Equinix

Crusoe's technology cuts data center CO2 emissions

In an effort to push forward the climate agenda as reliance on data and data centers increases, Crusoe energy has launched its new sustainable Data Center Services. According to the company, through utilizing its Digital Flare Mitigation technology, methane emissions can be reduced by 98%, and...

November 05, 2021

Crusoe

eStruxture to Open second data center in Calgary

eStruxture has revealed its plans for a new data center facility in Calgary, Canada. The facility will be called CAL-2, and it will be located in Balzac, north of Alberta city. The facility will have 93,000 square feet of space with 30MW of capacity. eStruxture will also build the facility ...

November 05, 2021

eStruxture CAL-2

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

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...

October 28, 2021

Equinix

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

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...

October 19, 2021

Equinix

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

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 fin...

September 27, 2021

Digital Realty Trust

Equinix files application for data centers in Clondalkin, Ireland

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 ...

August 25, 2021

Equinix

Cologix releases its first ESG report

Cologix recently released its first Environmental, Social, and Governance (ESG) report. Within the report, the hyperscale company made a number of commitments, including a pledge to improve its energy efficiencies and harness renewable energy options "where available." Currently, Cologix powe...

August 20, 2021

Cologix

Equinix secures a cheaper, green future

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...

August 18, 2021

Equinix

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

eStruxture

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

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

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

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...

June 15, 2021

Equinix

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