Data Center News

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

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 i...

June 28, 2021

Princeton Digital Group

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

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 pe...

June 26, 2021

Iron Mountain

NTT explains its German data center expansion plans

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 ...

June 22, 2021

NTT

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

Tokyo Century partners with NTT for data center business in India

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 d...

June 17, 2021

NTT

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

NTT and SKY Perfect JSAT to launch data center in space

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 ...

May 20, 2021

NTT

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

Equinix prices $2.6 billion "Green" Bond Sale

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 im...

May 04, 2021

Equinix

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

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 Febr...

April 21, 2021

Iron Mountain

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

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 Princet...

April 13, 2021

Princeton Digital Group

STT GDC to go carbon neutral by 2030

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 consump...

March 31, 2021

ST Telemedia Global Data Centres (STT GDC)

Colt DCS European operations go 100% green

Colt Data Centre Services (DCS) has announced that its operations in Europe and the UK are now powered by 100% renewable power. This represents 17 facilities in Europe and the UK. Colt Press Release on Feb 8th 2021:Colt Data Centre Services (DCS) today announced that its operations across the ...

February 09, 2021

Colt Data Centre Services

Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada

Equinix has completed it's acquisition of 13 Bell Canada's data centers. The acquisition was first announced in June 2020. Bell had operated the facilities under the Q9 brand. It partially acquired Q9 in 2012 for $1.1 billion and in 2016 it acquired the remainder for $675 million. This deal ...

October 01, 2020

Equinix

Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

REDWOOD CITY, Calif /PRNewswire/ -- Equinix, Inc. ("Equinix") (Nasdaq: EQIX), the global interconnection and data center company, announced the pricing of its underwritten public offering of $2.6 billion aggregate principal amount of senior notes, consisting of $500,000,000 of 1.250% Senior No...

June 08, 2020

Equinix

Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of three data centers from Axtel S.A.B. de C.V. (BMV: AXTELCPO) that serve the Mexico City and Monterrey metro areas of Mexic...

January 09, 2020

Equinix

Colt appoints Niclas Sanfridsson as new CEO, replacing Detlef Spang

Colt Data Centre Services (DCS) today announced the appointment of its new Chief Executive Officer, Niclas Sanfridsson effective December 2nd. Sanfridsson will replace the Detlef Spang as CEO. Detlef Spang plans to retire at the end of this year after leading Colt DCS since the company's ince...

November 28, 2019

Colt Data Centre Services

Equinix to Expand into Mexico With US$175 Million Acquisition of Three Axtel Data Centers (PR)

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced it has entered into an agreement with Axtel S.A.B. de C.V. (BMV: AXTELCPO) to acquire three data centers that serve the Mexico City and Monterrey metro areas o...

October 04, 2019

Equinix

NTT to rebrand regional subsidiaries, impacts RagingWire, e-shelter, Gyron, NetMagic

Data Center Frontier reports that NTT plans to rebrand all its data center subsidiaries into one brand. The combined company will be launched at PTC in January 2020 and be headquartered in LondonThe rebrand includes all of NTT subsidiaries. RagingWire e-shelter NetMagic Gyron and NTT branded...

September 18, 2019

NTT

Princeton Digital Group Announces Two Transactions in China and Singapore As Part of US$500 Million Growth Plan (PR)

Singapore and Shanghai, China – Singapore-based Princeton Digital Group (PDG), a Warburg Pincus-backed investor, developer and operator of internet infrastructure, today announced that it has acquired assets and land for data center development in China and Singapore, as part of a US$500 milli...

September 02, 2019

Princeton Digital Group

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