Data Center News

Read Ericsson to book impairment charge for Vonage acquisition
Ericsson to book impairment charge for Vonage acquisition

Ericsson to book impairment charge for Vonage acquisition

July 05, 2024 Equinix

Ericsson has confirmed that it will record a noncash impairment charge of 11.4 billion Swedish crowns, which reflects lower anticipated market growth in some of Vonage’s current portfolio."We continue to advance our strategy to build a Global Network Platform for network APIs, which was the...

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Read Equinix announces second data center in Lisbon, Portugal
Equinix announces second data center in Lisbon, Portugal

Equinix announces second data center in Lisbon, Portugal

June 05, 2024 Equinix

Equinix this week announced plans for LS2, a new International Business Exchange (IBX) facility to be located adjacent to Equinix's existing LS1 site. This €50 million project due to open in the first quarter of 2025 will offer 2,050 square meters of colocation space.Carlos Paulino, managing...

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Read Equinix breaks ground in Malaysia with two new data centers
Equinix breaks ground in Malaysia with two new data centers

Equinix breaks ground in Malaysia with two new data centers

May 28, 2024 Equinix

Equinix has now broken ground in Malaysia with two International Business Exchange data centers in Johor (JH1) and Kuala Lumpur (KL1) now serving the company’s customers in Malaysia and across. Jeremy Deutsch, president for Asia-Pacific at Equinix, said: “Malaysia is a cornerstone market and top...

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Read Equinix signs new solar PPAs in Singapore
Equinix signs new solar PPAs in Singapore

Equinix signs new solar PPAs in Singapore

April 29, 2024 Equinix

Colocation firm Equinix has signed long-term Power Purchase Agreements (PPAs) to procure renewable energy in Singapore fromSembcorp Industries. Following the agreements, Sembcorp Power will supply a maximum capacity of 75MWp from its solar assets and 30MW from its gas-power generation portfolio...

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Read Macquire DC acquires new campus in Sydney
Macquire DC acquires new campus in Sydney

Macquire DC acquires new campus in Sydney

April 16, 2024 Macquarie Data Centres

Australia's Macquarie Data Centres this week announced that it will be acquiring its existing Macquarie Park data center campus from Singapore's Keppel DC REIT. The companies have entered into a binding agreement which will see Macquarie acquire the existing Intellicentre 2 and Intellicentre 3...

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Read NextDC seeks funding for expansion plans
NextDC seeks funding for expansion plans

NextDC seeks funding for expansion plans

April 11, 2024 NEXTDC

Australian data center operator NextDC is seeking to raise AU$1.3 billion to fund its expansion plans. The company plans to raise the cash from existing investors via a share issue, which will allow its backers to purchase one new share in the company for every six they already own. NextDC says...

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Read Stack Infrastructure breaks ground on 60MW data center expansion in California
 Stack Infrastructure breaks ground on 60MW data center expansion in California

Stack Infrastructure breaks ground on 60MW data center expansion in California

March 29, 2024 STACK INFRASTRUCTURE

IPI-owned company Stack Infrastructure announced this week that it has broken ground on a 60MW data center expansion in Silicon Valley, California. The company plans to build two data centers to add 60MW of capacity, an advanced manufacturing facility, and a parking structure, spanning 19 acres....

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Read Equinix accused of major accounting manipulations
Equinix accused of major accounting manipulations

Equinix accused of major accounting manipulations

March 23, 2024 Equinix

Short seller Hindenburg Research has accused data center REIT Equinix of "major accounting manipulations." The investigative reporting and researching company claims that Nadaq-listed Equinix overstated its adjusted funds from operations (AFFO), a key profitability metric for REITs, by at least...

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Read Equinix announces Google Cloud executive Adaire Fox-Martin as new CEO
Equinix announces Google Cloud executive Adaire Fox-Martin as  new CEO

Equinix announces Google Cloud executive Adaire Fox-Martin as new CEO

March 14, 2024 Equinix

Equinix has appointed Google Cloud executive Adaire Fox-Martin as its new CEO to succeed Charles Meyers, who has led the company for six years. Fox-Martin who has led Google Cloud's go-to-market teams globally since early last year, has been a member of the Equinix board of Directors since 2020....

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Read Equinix deploys 1MW solar system on Melbourne data center
Equinix deploys 1MW solar system on Melbourne data center

Equinix deploys 1MW solar system on Melbourne data center

March 01, 2024 Equinix

Equinix has deployed a 1MW rooftop solar system at its ME1 International Business Exchange (IBX) data center at 578 Lorimer Street, Port Melbourne. The company has now completed the installation of rooftop solar systems at eight of its facilities, including Brisbane, Canberra, Melbourne, and...

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Read Equinix signs new PPA in Australia
Equinix signs new PPA in Australia

Equinix signs new PPA in Australia

February 07, 2024 Equinix

Global colocation giant Equinix recently announced that it has signed a power purchase agreement (PPA) for 151MW of wind power in Australia. The company will pay for 20 percent of the first phase of the giant Golden Plains Wind Farm project, which is being built in rural Victoria, not far from...

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Read Michael Winterson leaves Equinix after 24 years
Michael Winterson leaves Equinix after 24 years

Michael Winterson leaves Equinix after 24 years

January 18, 2024 Equinix

Michael Winterson has left colocation provider Equinix after 24 years to take on the role of managing director for the European Data Centre Association. Winterson wrote on LinkedIn, “Exactly 24 years ago I started my data center career at IXEurope, not 300 meters from our current Equinix offices...

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Read Stack Infrastructure to expand footprint in Virginia
Stack Infrastructure to expand footprint in Virginia

Stack Infrastructure to expand footprint in Virginia

January 11, 2024 STACK INFRASTRUCTURE

Data center firm Stack Infrastructure this week announced plans to expand its footprint in Virginia with a new 72MW campus in Leesburg. in Loudoun County. This planned facility, known as the NVA-06 will initially host a 48MW building set to deliver Q2 2025, followed by a second 24MW building to...

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Read Equinix becomes one of U.S largest green bond issuers
Equinix becomes one of U.S largest green bond issuers

Equinix becomes one of U.S largest green bond issuers

December 28, 2023 Equinix

Equinix is now one of the top ten largest green bond issuers in the United States after allocating $4.9 billion in green bonds to building and efficiency projects. These bonds will fund 172 green building projects on 105 sites, along with 33 energy efficiency projects. Equinix first issued green...

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Read Equinix to roll out support for liquid cooling at over 100 facilities
Equinix to roll out support for liquid cooling at over 100 facilities

Equinix to roll out support for liquid cooling at over 100 facilities

December 12, 2023 Equinix

Colocation firm Equinix announced this week that it plans to expand support for liquid cooling technologies – including direct-to-chip – to more than 100 of its International Business Exchange (IBX) data centers in more than 45 metros globally. Tiffany Osias, VP of global colocation at Equinix...

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Read Stack Infrastructure to expand facility in Virginia’s Prince William County
Stack Infrastructure to expand facility in Virginia’s Prince William County

Stack Infrastructure to expand facility in Virginia’s Prince William County

December 08, 2023 STACK INFRASTRUCTURE

Data center firm Stack Infrastructure announced this week that it is expanding its campus in Virginia’s Prince William County. The company has purchased land from and adjacent to the Youth For Tomorrow non-profit in Bristow to expand its NVA02 campus. Tim Hughes, chief development officer, Stack...

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Read Equinix signs new energy deal in Portugal with Sonnedix
Equinix signs new energy deal in Portugal with Sonnedix

Equinix signs new energy deal in Portugal with Sonnedix

December 05, 2023 Equinix

Equinix announced this week that it signed a ten-year Power Purchase Agreement (PPA) to procure solar energy in Portugal Sonnedix’s first Portuguese solar PV project, the 149MW Sonnedix Douro. Axel Thiemann, CEO of Sonnedix, said, “We are very pleased to be extending our relationship with Equinix...

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Read NextDC commences construction on Darwin data center
NextDC commences construction on Darwin data center

NextDC commences construction on Darwin data center

November 23, 2023 NEXTDC

Two years after sharing initial plans, NextDC has finally begun construction at its D1 8MW data center in Australia's Northern Territory in Darwin. The site located close to the Charles Darwin University CBD campus is being constructed by Kapitol Group NT and is expected to create around 200 jobs...

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Read Technical issues at data center causes banking issues across Singapore
Technical issues at data center causes banking issues across Singapore

Technical issues at data center causes banking issues across Singapore

October 18, 2023 Equinix

An outage at an Equinix data center on Saturday brought DBS and Citibank banking services in Singapore offline. This outage also affected other services in its Asian region including the Philippines, Hong Kong and India as people complained about having issues with Facebook, Instagram, WhatsApp,...

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Read Telstra signs power purchase agreement in Queensland, Australia
Telstra signs power purchase agreement in Queensland, Australia

Telstra signs power purchase agreement in Queensland, Australia

October 05, 2023 Telstra

Australian telecommunications firm Telstra has signed a power purchase agreement with Munna Creek Solar Farm investment to support the development of the 120 MW Munna Solar Farm undergoing construction near Gympie in southeast Queensland. Following this agreement, Telstra will buy half of the...

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