Data Center News

Read Equinix secures a cheaper, green future
Equinix secures a cheaper, green future

Equinix secures a cheaper, green future

August 18, 2021 Equinix

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...

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Read Largest Data Center Funding Deals In Q2 of 2021
Largest Data Center Funding Deals In Q2 of 2021

Largest Data Center Funding Deals In Q2 of 2021

July 24, 2021 Equinix

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 center...

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Read Equinix strives to balance expansion with its eco targets
Equinix strives to balance expansion with its eco targets

Equinix strives to balance expansion with its eco targets

July 23, 2021 Equinix

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...

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Read STT GDC collaborates with ABB to create AI energy optimization pilot
STT GDC collaborates with ABB to create AI energy optimization pilot

STT GDC collaborates with ABB to create AI energy optimization pilot

July 23, 2021 ST Telemedia Global Data Centres (STT GDC)

ST Telemedia Global Data Centres (STT GDC) has announced that it is collaborating with tech company ABB to conduct an artificial intelligence (AI) energy optimization pilot in Singapore. The pilot is part of STT GDC’s vision for a greener future, and its pledge to be carbon neutral by 2030. The...

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Read Bharti Airtel to expand its data center portfolio by spending $470m
Bharti Airtel to expand its data center portfolio by spending $470m

Bharti Airtel to expand its data center portfolio by spending $470m

July 23, 2021 Nxtra Data Ltd

According to India’s Economic Times, Indian telco Bharti Airtel plans a major investment and expansion in its data center portfolio. The report shows that Bharti Airtel will invest Rs 3,500 crore ($470m) to expand its data center portfolio. It will also make this investment over the next three...

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Read A carbon-neutral future: Which companies are committing and delivering?
A carbon-neutral future: Which companies are committing and delivering?

A carbon-neutral future: Which companies are committing and delivering?

July 21, 2021 ST Telemedia Global Data Centres (STT GDC)

In 2021, data centers are responsible for 2% of the world’s CO2 emissions, equivalent to the entire airline industry worldwide. It has also been forecast that by 2025, data centers could consume up to one-fifth of Earth’s power. Increasingly, data center companies are waking up to the fact that...

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Read Vodafone Idea wants to sell fixed-line broadband subsidiary and land meant for data centers
Vodafone Idea wants to sell fixed-line broadband subsidiary and land meant for data centers

Vodafone Idea wants to sell fixed-line broadband subsidiary and land meant for data centers

July 05, 2021 Vodafone

Vodafone Idea, an Indian telecom operator, wants to sell its optic fiber unit, fixed-line broadband subsidiary, and data center business to settle its debts. According to the Company’s latest financial books, Vodafone Idea has a gross debt of Rs 1,803.1 billion ($2.4 billion). It is looking to...

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Read Yotta partners with Piql to launch a long-term data storage
Yotta partners with Piql to launch a long-term data storage

Yotta partners with Piql to launch a long-term data storage

June 28, 2021 Yotta Infrastructure Solutions LLP

Yotta, an Indian data center firm will be partnering with Piql to offer its clients long-term data storage. The companies partnered up to create Yotta Preserve, and the companies will use piqlFilm for their data storage. This film is designed by Piql and it is designed to last for 500 years to...

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Read Princeton Digital Group considers $400m fundraising ahead of potential IPO
Princeton Digital Group considers $400m fundraising ahead of potential IPO

Princeton Digital Group considers $400m fundraising ahead of potential IPO

June 28, 2021 Princeton Digital Group

According to reports from Bloomberg, Princeton Digital Group wants to raise funds from investors to the tune of $400 million. Princeton Digital Group invests, develops, and operates data centers across Asia in countries like Singapore, China, Indonesia, and India. It also has 18 data centers in...

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Read Iron Mountain enters $178 million sale-leaseback deal with Intermediate Capital Group, and would use proceeds to invest in data centers
Iron Mountain enters $178 million sale-leaseback deal with Intermediate Capital Group, and would use proceeds to invest in data centers

Iron Mountain enters $178 million sale-leaseback deal with Intermediate Capital Group, and would use proceeds to invest in data centers

June 26, 2021 Iron Mountain

US Real Estate Investment Company Iron Mountain has announced that it sold five facilities in the greater London area to Intermediate Capital Group (ICG). The sale agreement also included a leaseback deal for the facilities. Iron Mountain will remain in the facilities for an initial 12 year...

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Read NTT explains its German data center expansion plans
NTT explains its German data center expansion plans

NTT explains its German data center expansion plans

June 22, 2021 NTT

NTT has said that it would be expanding its German data centers by more than 40 percent. It would be doing this by adding over 323,000 square feet of IT space across existing locations in Germany. The Company currently has existing campuses in Frankfurt, Bonn, and Berlin. NTT has broken ground on...

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Read Equinix promises to cut emissions by 50 percent before 2030
Equinix promises to cut emissions by 50 percent before 2030

Equinix promises to cut emissions by 50 percent before 2030

June 17, 2021 Equinix

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...

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Read Tokyo Century partners with NTT for data center business in India
Tokyo Century partners with NTT for data center business in India

Tokyo Century partners with NTT for data center business in India

June 17, 2021 NTT

NTT and Tokyo Century are coming together to form a data center partnership in India. Tokyo Century is a finance company that specializes in equipment leasing, mobility and fleet management, and specialty financing centered on aviation and real estate. NTT, on the other hand, specializes in data...

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

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

June 15, 2021 Equinix

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...

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Read NTT and SKY Perfect JSAT to launch data center in space
NTT and SKY Perfect JSAT to launch data center in space

NTT and SKY Perfect JSAT to launch data center in space

May 20, 2021 NTT

Is space the new edge? NTT is planning to develop a data center in space. NTT will be working with SKY Perfect Holdings, a Japanese satellite company, to develop the project. Plans are in place for trials to start in 2022, launch in 2025, and for operations to begin in 2026. The orbiting data...

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Read Equinix is Exiting Eight Leased Data Centers In The US
Equinix is Exiting Eight Leased Data Centers In The US

Equinix is Exiting Eight Leased Data Centers In The US

May 10, 2021 Equinix

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...

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Read Equinix prices $2.6 billion "Green" Bond Sale
Equinix prices $2.6 billion "Green" Bond Sale

Equinix prices $2.6 billion "Green" Bond Sale

May 04, 2021 Equinix

Equinix has announced that it priced $2.6 billion principal amount of notes, including $1.0 billion of green bonds in its third green bond offering. The green bonds will be used to help advance the company's longstanding commitment to sustainability leadership and reducing its environmental...

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Read Iron Mountain Completes Agreement to Expand footprint to India with JV with Web Werks
Iron Mountain Completes Agreement to Expand footprint to India with JV with Web Werks

Iron Mountain Completes Agreement to Expand footprint to India with JV with Web Werks

April 21, 2021 Iron Mountain

Iron Mountain is expected to invest $150 million over the next two years in a joint venture with Web Werks. Web Works is one of India’s top colocation data center providers. Iron Mountain, which is a storage and information management services company first announced its plan to invest on...

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Read PRINCETON DIGITAL GROUP Secures $230 Million Financing, Charts Out $1 Billion Expansion in China (PR)
PRINCETON DIGITAL GROUP Secures $230 Million Financing, Charts Out $1 Billion Expansion in China (PR)

PRINCETON DIGITAL GROUP Secures $230 Million Financing, Charts Out $1 Billion Expansion in China (PR)

April 13, 2021 Princeton Digital Group

Continued progress against an aggressive 300MW expansion plan Confirms completion of fully contracted 42MW Shanghai data center campus Largest international partner to domestic and international hyperscaler customers in China SINGAPORE & SHANGHAI--(BUSINESS WIRE)--Singapore-based Princeton...

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Read STT GDC to go carbon neutral by 2030
STT GDC to go carbon neutral by 2030

STT GDC to go carbon neutral by 2030

March 31, 2021 ST Telemedia Global Data Centres (STT GDC)

STT Telemedia Global Data Centres (STT GDC) has pledged to become carbon-neutral by 2030 it unveiled in its new environmental, social, and governance (ESG) strategy. This strategy marks out the group's goals and targets for the next 5-10 years. Currently, 43% of the group’s electricity...

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