Data Center News

Read Digital Realty signs 158MW solar PPAs
Digital Realty signs 158MW solar PPAs

Digital Realty signs 158MW solar PPAs

May 20, 2022 Digital Realty Trust

Digital Realty has announced that it has signed a Power Purchase Agreement (PPA) for solar energy in California and another Georgia, with Terra-Gen and Georgia Power, respectively. The former is for a 12-year agreement with Terra-Gen, which will support the development of the 130MW Edwards...

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Read Flexential To Develop an 18MW Facility in Raleigh, North Carolina
Flexential To Develop an 18MW Facility in Raleigh, North Carolina

Flexential To Develop an 18MW Facility in Raleigh, North Carolina

April 28, 2022 Flexential

Flexential has announced that it plans to develop an 18MW data center in Raleigh, North Carolina. The data center will span 11,150 square meters (120,000 square feet). The first phase is expected to deliver 4.5MW capacity, and it is scheduled to come online in Q3 2023. Flexential has also...

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Read Flexential expands and announces Atlanta construction
Flexential expands and announces Atlanta construction

Flexential expands and announces Atlanta construction

March 24, 2022 Flexential

Flexential has announced that it is planning to expand this year, and will add 22MW of new data center development projects this year, at double the growth rate of 2021. In conjunction with this, the company announced that it had completed its 36MW Hillsboro 3 data center in Portland, Oregon,...

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Read Argo Infrastructure Partners Invests $500m in TierPoint
Argo Infrastructure Partners Invests $500m in TierPoint

Argo Infrastructure Partners Invests $500m in TierPoint

March 02, 2022 TierPoint

TierPoint has announced that Argo Infrastructure Partners has invested $500 million into its business. The move sees Argo Infrastructure Partners become the largest single equity investor in the firm. TierPoint will use the net proceeds from the transaction to expand the company and provide...

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Read Digital Realty/Brookfield JV Buys Land for $30.8m in Chennai, India
Digital Realty/Brookfield JV Buys Land for $30.8m in Chennai, India

Digital Realty/Brookfield JV Buys Land for $30.8m in Chennai, India

February 21, 2022 Digital Realty Trust

According to India’s Economic Times. Digital Realty and Brookfield Asset Management’s joint venture in India has secured the purchase of 10 acres of land in Chennai. The companies acquired the land for over Rs 230 crore (~$30.8m). It is to be used for the development of a data center. One of the...

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Read H5 Data Centers Completes The Acquisition of Seven Data Centers From vXchnge
H5 Data Centers Completes The Acquisition of Seven Data Centers From vXchnge

H5 Data Centers Completes The Acquisition of Seven Data Centers From vXchnge

February 01, 2022 H5 Data Centers

H5 Data Centers has announced that it has completed the acquisition of seven data center facilities from vXchnge across the United States. With this development, vXchnge has just one data center. With this agreement, H5 data centers has added over 250,000 square feet (23,200 square meters) of...

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Read USDA awards Lumen with a $1.2 billion network services contract
USDA awards Lumen with a $1.2 billion network services contract

USDA awards Lumen with a $1.2 billion network services contract

January 21, 2022 Lumen Technologies

Lumen Technologies has won a $1.2 billion contract from the US Department of Agriculture. Lumen is to deliver a fully integrated wide-area data transport service to over 9,500 US Department of Agriculture locations across the country and around the world. With this contract, Lumen will offer a...

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Read Five 9s Digital sells Kannapolis data center for $11.4 million
Five 9s Digital sells Kannapolis data center for $11.4 million

Five 9s Digital sells Kannapolis data center for $11.4 million

January 10, 2022 Segra: Charlotte

Five 9s Digital has sold a facility in Kannapolis, North Carolina, for $11.4 million. LD DI Assetco LLC is the buying company. BizJournal first reported the sale late last year. Five 9s acquired the property in question for $8.4 million in May 2020 from Castle & Cooke. The data center has...

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Read Digital Realty acquires 55% of Teraco and enters South Africa
Digital Realty acquires 55% of Teraco and enters South Africa

Digital Realty acquires 55% of Teraco and enters South Africa

January 07, 2022 Digital Realty Trust

Digital Realty has bought the majority stake in Teraco. The data center giant announced the acquisition of the South African data center company from a consortium of investors, including Permira and Berkshire Partners. The deal sees Teraco valued at about $3.5 billion. The transaction sees...

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Read San Jose data center site to be transformed by big developer
San Jose data center site to be transformed by big developer

San Jose data center site to be transformed by big developer

December 17, 2021 Digital Realty Trust

Digital Realty has announced that it has sold its San Jose data center to developer Hines. Documents filed on December 15 with the Santa Clara County Recorder's Office outline that Hines paid just under $60 million ($59.6 million) for the complex. The building spans 179,800 sqft; meanwhile, the...

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Read H5 Data Centers expands in Ohio through a data center acquisition
H5 Data Centers expands in Ohio through a data center acquisition

H5 Data Centers expands in Ohio through a data center acquisition

December 15, 2021 H5 Data Centers

H5 Data Centers has completed the acquisition of a data center at 925 Dalton Avenue, Cincinnati, Ohio. The 107,000 square feet (9,940 square meters) purpose-built data center was built to Tier III standards. It currently has a 2MW capacity, but it can be expanded to 6MW upon full buildout. H5...

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Read Flexential's sustainability-linked financing: $2.1 billion raised via inaugural securitization financing
Flexential's sustainability-linked financing: $2.1 billion raised via inaugural securitization financing

Flexential's sustainability-linked financing: $2.1 billion raised via inaugural securitization financing

December 03, 2021 Flexential

Flexential has announced the completion of a $2.1 billion securitization financing offer, which, according to the company, is the largest single asset-backed securities (ABS) issuance. On top of that, it is also the largest-ever green data center ABS financing. With this money, it will work...

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Read Digital Realty teams up with CoolestDC for liquid cooling for SIN11 data center
Digital Realty teams up with CoolestDC for liquid cooling for SIN11 data center

Digital Realty teams up with CoolestDC for liquid cooling for SIN11 data center

November 30, 2021 Digital Realty Trust

Digital Realty is partnering with Coolest DC to develop high-efficiency thermal management solutions for the industry following a pilot program supported by Temasek Foundation. The initial pilot scheme sought to improve energy consumption by data centers and enhance efficiency and had deployed:...

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Read Digital Realty: Sustainability-linked refinancing
Digital Realty: Sustainability-linked refinancing

Digital Realty: Sustainability-linked refinancing

November 25, 2021 Digital Realty Trust

Digital Realty has announced that it has "amended, extended, and upsized" its existing global revolving credit facility from $2.35 billion to $3.0 billion, which now feature a sustainability-linked pricing component. Moreover, the pricing will be "subject to adjustment" based on performance...

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Read DE-CIX and H5 Data Centers announce partnership
DE-CIX and H5 Data Centers announce partnership

DE-CIX and H5 Data Centers announce partnership

November 18, 2021 H5 Data Centers

H5 Data Centers has announced that it has partnered up with DE-CIX. This partnership will reportedly enable companies “expanding or relocating their data center and colocation services” the opportunity to leverage “premier colocation and connectivity services.” Josh Simms, owner and CEO of H5...

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Read Ziply Fiber expands to H5 Data Centers' facilities in Seattle and Washington
Ziply Fiber expands to H5 Data Centers' facilities in Seattle and Washington

Ziply Fiber expands to H5 Data Centers' facilities in Seattle and Washington

October 29, 2021 H5 Data Centers

H5 Data Centers has announced that Ziply Fiber is expanding to its data centers in downtown Seattle and Quincy, Washington. Ziply Fiber provides a commercial-grade purpose-built network for the internet. Ziply Fiber joins the different carriers available at H5’s Tier III data centers. Chris...

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Read Digital Realty forms JW with Pembani Remgro to acquire Nigeria's Medallion Data Centres
Digital Realty forms JW with Pembani Remgro to acquire Nigeria's Medallion Data Centres

Digital Realty forms JW with Pembani Remgro to acquire Nigeria's Medallion Data Centres

October 27, 2021 Digital Realty Trust

Digital Realty has announced that it has formed a joint venture with Pembani Remgro Infrastructure Fund to acquire Medallion Data Centres. Medallion is Nigeria’s top interconnection and colocation provider. The company operates two data centers in the country. One of the facilities is in Abuja,...

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Read Digital Realty makes strategic investment in AtlasEdge
Digital Realty makes strategic investment in AtlasEdge

Digital Realty makes strategic investment in AtlasEdge

October 15, 2021 Digital Realty Trust

Digital Realty has reached an agreement to make a strategic investment in AtlasEdge Data Centres. The investment will also see Digital Realty’s Executive VP, Strategic & Business Segments, Giuliano Di Vitantonio, join AtlasEdge as CEO, starting January 2022. AtlasEdge delivers smooth,...

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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 Digital Realty Trust

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 Menlo Equities acquires four Digital Realty data centers in Silicon Valley
Menlo Equities acquires four Digital Realty data centers in Silicon Valley

Menlo Equities acquires four Digital Realty data centers in Silicon Valley

September 24, 2021 Digital Realty Trust

Menlo Equities has completed the acquisition of four Digital Realty data centers in Silicon Valley. The firm acquired the facilities for a combined $108.8 million. First, it acquired a facility at 4650 Old Ironside Drive in Santa Clara for $35.8 million. The facility has 124,400 square feet of...

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