August 06, 2021 Lumen Technologies
Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business...
Read more
July 30, 2021 Compass Datacenters
As Compass Datacenters expands across North America, it is prioritizing sustainability in the building of its data centers. Using technology created by Nova Scotia-based CarbonCure Technologies means that not only is less cement required in the mixing of concrete, but CO2 is also permanently...
Read more
July 28, 2021 Aligned
Aligned has announced that it has secured $250 million in sustainability-linked financing, bringing its total to $1.25 billion. Last year, it became the first data center company to receive a sustainability-linked loan (SLL). These loans are linked to sustainability initiatives, and the interest...
Read more
July 28, 2021 Lumen Technologies
Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team of...
Read more
July 27, 2021 DataBank
DataBank has announced that it has purchased an existing land and building in Denver. The land and building acquired would be DataBank’s home for its fifth data center in Denver. This facility is located at 6961 S. Quentin Street in Centennial, CO. DataBank says the facility will help it meet the...
Read more
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...
Read more
July 23, 2021 Microsoft Azure
Microsoft is reportedly in talks with the Telangana government to construct one of its largest data centers with an investment of around USD$2- 2.25 billion (Rs 15,000 crore). If this goes ahead, it will make it one of the tech giant’s biggest investments outside of the US. According to Business...
Read more
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...
Read more
July 21, 2021 Microsoft Azure
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...
Read more
July 21, 2021 Microsoft Azure
Microsoft is the latest company to pledge carbon-neutrality by 2030. Within the next 19 years, the tech giant promises to run all its global data centers and offices with zero-carbon energy. In a recent blog, written by Lucas Joppa, chief environmental officer and Noelle Walsh, CVP, cloud...
Read more
July 16, 2021 Digital Realty Trust
Digital Realty has announced that it has entered into a 50/50 joint venture agreement with Brookfield Infrastructure to develop data centers in India. The brand name of the joint venture is BAM Digital Realty. Although precise details around the project are yet to be released, reports indicate...
Read more
July 16, 2021 Digital Realty Trust
According to its latest ESG report, Digital Realty is meeting its sustainability targets in the push for carbon-neutrality. The company, as part of the Science-Based Target Initiative (SBTi), has committed to reducing its Scope 1 and 2 emissions by 68% and Scope 3 emissions by 24% by 2030. Its...
Read more
July 06, 2021 Csquare
Evoque Data Center Solutions has completed the acquisitions of Foghorn Consulting, a cloud consulting and engineering services company based in Silicon Valley. Evoque said acquiring Foghorn will help it serve its customers’ cloud needs better. With the acquisition, Evoque has expanded its...
Read more
June 30, 2021 Microsoft Azure
Microsoft will acquire AT&T’s Network Cloud technology and intellectual property. It will also be making job offers to hundreds of AT&T engineers. As part of the deal, AT&T will move its 5G mobile network to Microsoft Azure. AT&T’s 5G core would be the starting point. This deal...
Read more
June 29, 2021 Prime Data Centers
Prime Data Centers announces pre-lease of its new 9MW facility under construction in Santa Clara, California, to Cyxtera. Cyxtera will be leasing the entire four-story building facility with a total space of 121,000 square feet. Prime Data Centers first announced the facility's construction in...
Read more
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...
Read more
June 25, 2021 Prime Data Centers
Macquarie Capital has entered into a partnership with Prime Data Centers. It also made an undisclosed equity investment in Prime data center. However, both Companies claim that the partnership will give way for capital investments of over $5 billion over the next ten years. Furthermore, the...
Read more
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...
Read more
June 18, 2021 Microsoft Azure
According to reports from Bloomberg, Microsoft is looking to add four new data centers in China by Q1 of 2022. The report states that Microsoft wants to expand its service across Asia and opening data centers in China is a step towards achieving that. Asides from that, the Company also intends to...
Read more
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...
Read more