Data Center News

STACK to run on 100 percent renewable energy by end of 2021

Stack Infrastructure has announced that it would be running 100% on renewable energy by the end of 2021. The Company made the promise of running all its current and future data centers with 100% green energy while launching its new social responsibility program. The Chief strategy officer at S...

May 19, 2021

STACK INFRASTRUCTURE

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

EdgeConneX Expands in 6 North American Markets

EdgeConneX has announced that it will add almost 20MW of new capacity across six of its data centers in North America. The facilities that will benefit from this expansion are Seattle, Portland, Phoenix, Miami, Detroit, and Chicago.According to Phillip Marangella, Chief Marketing Officer at Ed...

April 28, 2021

EdgeConneX

Aligned starts work on Chicago Hyperscale Data Center Campus

Aligned has announced that it has begun work on its latest hyperscale data center campus in Chicago, Illinois. The 48MW data center is the first to be constructed on the 18.5 acre campus and stands at 220,000 sqft. Once completed, the campus will offer 100+MW of capacity. The data center, ...

April 28, 2021

Aligned Chicago ORD-01

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

Element Critical’s Chicago Data Centers secure $72M loan

Element Critical and parent company Safanad Inc. recently secured a $71.5 million loan to refinance their Chicago data center portfolio. The loan provided by Annaly Capital Management Inc. will go towards renovations for two data center facilities based in the Elk Grove Village area of Chicago...

April 12, 2021

Element Critical CH1

Digital Realty Introduces New Connections to Google Cloud In 5 Major Metros

Digital Realty recently said that it has expanded secure, private access to Google Cloud’s global network in Atlanta, Los Angeles, Vienna in Austria, and Dusseldorf in Germany. Digital Realty also announced that it had added its second direct interconnect to Google Cloud in Frankfurt.The direc...

March 23, 2021

Digital Realty Trust

STACK INFRASTRUCTURE Raises $400 million in Another Round of Structured Debt Financing

STACK INFRASTRUCTURE has lined up another large round of financing. The Data Center operator has borrowed $400 million through the sale of securitized notes, the latest in four transactions that have raised $1.8 billion to build more data centers.Last September STACK raised $325 million in sec...

March 19, 2021

STACK INFRASTRUCTURE

DataBank issues $658M of Secured Notes

Colocation provider DataBank will issue $658 million of secured notes. The new securitization notes will refinance DataBank's existing credit facility. This securitization and refinancing of previous loans adds more than $200M in liquidity to DataBank's balance sheet, providing funding for gen...

March 12, 2021

DataBank

Microsoft is planning 400,000 sqft Campus in Hoffman Estates

According to plans submitted to the Hoffman Estates council, Microsoft aims to build two data centers on the 53-acre site on the north side of Lakewood Blvd in two phases. Phase one would see a 250,000 sq ft (23,200 sqm) building erected by the end of 2022. The second phase would be a 150,000 ...

March 09, 2021

Microsoft Hoffman Estates 1

Digital Fortress Acquires Three Atmosera Facilities in Portland

Digital Fortress has announced that it has acquired three facilities in Portland from Atmosera. Atmosera will now focus on building its Microsoft Azure services. With the acquisition, Digital Fortress now has 10 facilities across the United States. Digital Fortress was formed in 2012 from the ...

January 19, 2021

Digital Fortress

Digital Realty Relocates Headquarters to Austin

Digital Realty (DLR) has announced it will relocate its corporate headquarters to Austin, Texas from San Francisco, California. DLR will maintain a presence in the San Francisco Bay Area as one of the world's leading technology hubs.Digital Realty already operates a significant data center foo...

January 15, 2021

Digital Realty Trust

DataBank closes Acquisition of Zayo's data centers

DataBank has closed deal to acquire 45 of Zayo's data centers across 20 markets in the US and UK. A second closing for zColo’s data centers in France is expected to be completed in Q1 2021. The deal instantly transforms Databank into a large player in the colocation market. With zColo's facili...

December 15, 2020

Zayo

Stream Expands in Elk Grove

Stream has announced that is expanding in the Chicago metro. The new building will be near the company's first data center in Elk Grove and will have 130,000 sqft of raised floor and 32-megawatts at full build-out. The first phase will begin in February 2021 and will finish in Q3 with 4 MW ini...

December 09, 2020

Stream Chicago II

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

DataBank acquires zColo sites from Zayo for $1.4 Billion

DataBank will acquire Zayo's zColo division for $1.4 billion. The deal includes the sale of 44 data centers in more than 20 markets across the United States and Europe. The transaction is expected to close in December 2020. Once closed, DataBank will operate 1.1 million square feet of data cen...

September 30, 2020

Zayo

Tom Marx joins Evoque as Chief Revenue Officer

Tom Marx will join Evoque as Chief Revenue Officer. Marx, who is based in Denver, spent the majority of his career at tw telecom subsequently Level3/CenturyLink via acquisition. Evoque Press Release on Sept 28, 2020:DALLAS – Evoque Data Center Solutions™, one of the world’s 20 largest data...

September 28, 2020

Csquare

STACK closes an additional $325 Million in Debt Financing

Denver-based Stack Infrastructure, a data center company, has closed a $325 million debt offering. Stack also issued securitized notes in February and November of last year. Including the latest round, the company has so far raised a total of $1.4 billion to fuel its growth. Stack's Press Rel...

September 01, 2020

STACK INFRASTRUCTURE

EQT acquires EdgeConneX

The Swedish investment firm EQT AB has announced that it acquired the US-based colocation company EdgeConneX. EdgeConneX has a global footprint, operating over 40 facilities in 33 markets across North America, Europe and South America and continues to expand after being founded a decade ago. ...

August 19, 2020

EdgeConneX

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