Chicago: Downtown Data Center News

Digital Realty acquires 55% of Teraco and enters South Africa

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 Dig...

January 07, 2022

Digital Realty Trust

San Jose data center site to be transformed by big developer

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, th...

December 17, 2021

Digital Realty Trust

Equinix partners with Nasdaq

Equinix has formed a multi-year partnership with Nasdaq, Inc, which will help the company scale its NY11 data center in Carteret, New Jersey. This will also support the build-out of Nasdaq's cloud infrastructure.Tal Cohen, Executive Vice President, Head of North American Markets at Nasdaq, sa...

December 16, 2021

Equinix

New European Clean Hydrogen Partnership announced

The European Clean Hydrogen Partnership has announced its €2.5 million EcoEdge PrimePower project (E2P2). The tech consortium making up the partnership includes Equinix, InfraPrime, RISE, Snam, SolidPower, TEC4FUELS and Vertiv. Together, they will pursue the development of low-carbon fuel cell...

December 15, 2021

Equinix

365 Data Centers completes round of debt refinancing

365 Data Centers has announced that it completed a round of debt refinancing while also raising new funds. The firm refinanced all its existing debt. It also secured more funds from ING Capital LLC, TD Securities, CIT Group, Boundary Street Capital, and Regions Capital Markets. 365 Data Center...

December 14, 2021

365 Data Centers

SeverFarm becomes signatory of European Climate Neutral Data Center Pact

ServerFarm is the latest signatory of the Climate Neutral Data Center Pact (CNDCP), a pact that commits signatories to become climate neutral by 2030. Achieving this goal will involve the company reducing the emissions its operations produce. Alongside joining the CNDCP, the company has also ...

December 13, 2021

ServerFarm Realty

Equinix's PE3 data center launched in Perth, Australia

Equinix has announced that its PE3 data center in Perth, Australia, has launched, the third IBX facility in the city. According to reports, the first phase of the project provides a capacity of 700 cabinets spanning 1,830 sqm (38,600 sqtf), following an investment of US$54 million (A$71.7 mill...

December 10, 2021

Equinix

Equinix expanding into Africa through $320m MainOne acquisition

Equinix has announced that it is acquiring West Africa’s data center company MainOne for $320 million. The acquisition sees Equinix expand its operations into Africa for the first time. Funke Opeke founded MainOne in 2010 through its MDXi brand. The company has three data centers in operati...

December 07, 2021

Equinix

CoreSite’s VA3 Data Center goes green, powered by 100% renewables

CoreSite has announced that its VA3 data on its Northern Virginia campus is powered by 100% renewable energy. This move to green has been achieved through Dominion Energy’s 100% Renewable Energy Program, which has a portfolio of locally-sourced solar, hydroelectric, and biomass energy. Com...

December 01, 2021

CoreSite

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

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 deploye...

November 30, 2021

Digital Realty Trust

Digital Realty: Sustainability-linked refinancing

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 ta...

November 25, 2021

Digital Realty Trust

Atlanta: Serverfarm makes 110,000 sqft more of data center space available

Severfarm has made 110,000 square feet (10,200 sqm) of new capacity available at its Atlanta data center, which it acquired from AMD back in 2017. According to the company, the facility's tenant had developed it as an 'enterprise data center' but in fact only occupied around a quarter of the a...

November 18, 2021

ServerFarm Realty

CoreSite exploring sale

According to Reuters, CoreSite is looking at the possibility of a sale. The real estate trust is working with an investment bank to see its options. CoreSite currently operates over 25 data centers across North America. It also has a market of over $8 billion. According to reports, CoreSite ha...

November 12, 2021

CoreSite

Databank moves into Ashburn, Virginia

Databank has announced that it is breaking ground on a new facility in Ashburn, Northern Virginia. This data center, IAD3, will initially have a capacity of 4MW of capacity expandable to 40MW and will span 200,000 sq ft (18,600 sqm). According to the company, the facility will be ready for ser...

November 10, 2021

DataBank

CIM Group sells four data centers to 1547 and Harrison Street Real Estate Capital

CIM Group has completed the sale of four US data centers. The Real estate firm owned the portfolio of data centers with fifteenfortyseven Critical Systems Realty (1547). Harrison Street Real Estate Capital and 1547 bought the facilities from CIM Group. The facilities are located in Cheyenne, W...

November 05, 2021

1547 Critical Systems Realty (fifteenfortyseven)

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

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

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...

October 27, 2021

Digital Realty Trust

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

Digital Realty makes strategic investment in AtlasEdge

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, loca...

October 15, 2021

Digital Realty Trust

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

Digital Realty Trust

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