Data Center News

Vantage Data Centers secures $530 million in financing

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 Vantag...

November 05, 2021

Vantage Data Centers

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

Vantage is expanding into Johannesburg, South Africa

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 ...

October 13, 2021

Vantage Data Centers

Teraco completes CT2 data center in Cape Town, South Africa

South African data center company Teraco has announced it completed the first phase of its CT2 facility in Cape Town, South Africa. CT2 is a new hyperscale data center in Brackenfell, Cape Town. Phase one has 25,000 square meters (269,000 square feet) of building structure, 18MW of capacity, a...

October 08, 2021

Teraco Cape Town CT2

Liquid opens fifth mega data center in South Africa

Liquid has announced that it has opened its fifth mega data center in South Africa, which has a capacity of 20MW. Going forward, the company is targeting a further 10 data centers across Africa's largest cities. Liquid's founder Strive Masiyiwa made the announcement. These projects are being f...

September 29, 2021

Africa Data Centres

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

Aligned

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

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 contri...

September 10, 2021

Vantage Data Centers

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

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....

September 08, 2021

Vantage Data Centers

Africa Data Centres to invest $500m inbuilding 10 data centers across Africa

Africa Data Centres has announced its plans to spend $500 million building 10 data centers across the African continent in two years. It hopes to double its data center footprint with this investment. Morocco, Tunisia, and Egypt are some of the countries it plans to invest in. The Company r...

September 06, 2021

Africa Data Centres

International Telecoms Week 2021 discusses the growing data center ecosystem in West Africa

International Telecoms Week 2021 was recently held, with 1,500 attendees in National Harbor and over 5,000 attending virtually. A number of experts from the data center industry came together and discussed data center expansion in Africa, and the current disparity between data centers and popu...

September 01, 2021

Africa Data Centres

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

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

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

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...

August 03, 2021

Vantage Data Centers

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

Equinix

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

Equinix is Exiting Eight Leased Data Centers In The US

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 fu...

May 10, 2021

Equinix

Vantage provides more Renewable Energy options to Customers

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% renewab...

May 06, 2021

Vantage Data Centers

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