Data Center News

Read H5 Data Centers expands in Ohio through a data center acquisition
H5 Data Centers expands in Ohio through a data center acquisition

H5 Data Centers expands in Ohio through a data center acquisition

December 15, 2021 H5 Data Centers

H5 Data Centers has completed the acquisition of a data center at 925 Dalton Avenue, Cincinnati, Ohio. The 107,000 square feet (9,940 square meters) purpose-built data center was built to Tier III standards. It currently has a 2MW capacity, but it can be expanded to 6MW upon full buildout. H5...

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Read Flexential's sustainability-linked financing: $2.1 billion raised via inaugural securitization financing
Flexential's sustainability-linked financing: $2.1 billion raised via inaugural securitization financing

Flexential's sustainability-linked financing: $2.1 billion raised via inaugural securitization financing

December 03, 2021 Flexential

Flexential has announced the completion of a $2.1 billion securitization financing offer, which, according to the company, is the largest single asset-backed securities (ABS) issuance. On top of that, it is also the largest-ever green data center ABS financing. With this money, it will work...

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Read DE-CIX and H5 Data Centers announce partnership
DE-CIX and H5 Data Centers announce partnership

DE-CIX and H5 Data Centers announce partnership

November 18, 2021 H5 Data Centers

H5 Data Centers has announced that it has partnered up with DE-CIX. This partnership will reportedly enable companies “expanding or relocating their data center and colocation services” the opportunity to leverage “premier colocation and connectivity services.” Josh Simms, owner and CEO of H5...

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Read KKR and Global Infrastructure Partners Acquire CyrusOne for $15 billion
KKR and Global Infrastructure Partners Acquire CyrusOne for $15 billion

KKR and Global Infrastructure Partners Acquire CyrusOne for $15 billion

November 16, 2021 CyrusOne

Investment firm KKR, alongside Global Infrastructure Partners, has completed the acquisition of CyrusOne for $15 billion. CyrusOne owns and operates up to 50 data centers worldwide. Co-founder and interim President and CEO of CyrusOne, Dave Ferdman, commented that CyrusOne had built one of the...

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Read American Tower acquires CoreSite for $10.1 billion
American Tower acquires CoreSite for $10.1 billion

American Tower acquires CoreSite for $10.1 billion

November 16, 2021 CyrusOne

American Tower has completed the acquisition of CoreSite for $10.1 billion. According to American Tower, the acquisition of CoreSite will help transform its mobile computing business. Coresite operates up to 25 data centers in the United States. CEO of American Tower, Tom Bartlett, said American...

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Read CyrusOne to outsource the management of its US data centers to JLL
CyrusOne to outsource the management of its US data centers to JLL

CyrusOne to outsource the management of its US data centers to JLL

October 29, 2021 CyrusOne

CyrusOne has announced that it will be outsourcing the management of its US data centers to JLL. The agreement is expected to start on January 1st, 2022. CyrusOne announced the deal in an email it sent to its customers. In the email, CyrusOne says transitioning the management of its US data...

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Read Ziply Fiber expands to H5 Data Centers' facilities in Seattle and Washington
Ziply Fiber expands to H5 Data Centers' facilities in Seattle and Washington

Ziply Fiber expands to H5 Data Centers' facilities in Seattle and Washington

October 29, 2021 H5 Data Centers

H5 Data Centers has announced that Ziply Fiber is expanding to its data centers in downtown Seattle and Quincy, Washington. Ziply Fiber provides a commercial-grade purpose-built network for the internet. Ziply Fiber joins the different carriers available at H5’s Tier III data centers. Chris...

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Read CyrusOne exploring the sale of its company
CyrusOne exploring the sale of its company

CyrusOne exploring the sale of its company

September 29, 2021 CyrusOne

According to Reuters, CyrusOne is considering the sale of its business. It is said to be exploring some strategic changes that might include a sale. CyrusOne is a real estate investment trust that has a market cap of up to $9 billion. The Company is exploring its options with investment bank...

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Read CyrusOne awarded for net water positive efforts
CyrusOne awarded for net water positive efforts

CyrusOne awarded for net water positive efforts

September 08, 2021 CyrusOne

CyrusOne's commitment was recently recognized by The Environment + Energy Leader Awards program, which awarded the company with the Top Project of the Year Award. The program highlights products and services that provide companies with environmental and energy benefits. CyrusOne secured the...

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Read Lumen pays $275,000 to DoJ for contacting former customers it divested
Lumen pays $275,000 to DoJ for contacting former customers it divested

Lumen pays $275,000 to DoJ for contacting former customers it divested

September 07, 2021 Lumen Technologies

Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed to...

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Read Lumen divests CenturyLink ILEC assets
Lumen divests CenturyLink ILEC assets

Lumen divests CenturyLink ILEC assets

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...

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Read Flexential enters sale-leaseback deal for Plano data center
Flexential enters sale-leaseback deal for Plano data center

Flexential enters sale-leaseback deal for Plano data center

August 06, 2021 Flexential

Flexential has made a leaseback agreement with Legacy Investing and Invesco Real Estate for its data center facility in Plano. The deal will see Flexential add 130,000 square feet to its existing space, which means it will be doubling its capacity with the expansion. None of the companies...

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Read Lumen is selling its Latin American business to Stonepeak for $2.7 billion
Lumen is selling its Latin American business to Stonepeak for $2.7 billion

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

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...

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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 CyrusOne

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 CyrusOne’s European data center portfolio now 100 percent powered by renewable energy
CyrusOne’s European data center portfolio now 100 percent powered by renewable energy

CyrusOne’s European data center portfolio now 100 percent powered by renewable energy

June 02, 2021 CyrusOne

CyrusOne just announced that all of its data centers in Europe are now running on 100% renewable energy. The Company has facilities in Dublin, London, Frankfurt, and Amsterdam, currently operating on renewable tariffs. Besides, the Company recently promised to be carbon neutral by 2040, and this...

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Read DartPoints selects DE-CIX as its IXP partner
DartPoints selects DE-CIX as its IXP partner

DartPoints selects DE-CIX as its IXP partner

May 05, 2021 DartPoints

DartPoints has announced that it had chosen DE-CIX’s multi-service interconnection platform for deployment in Tier II and Tier III markets. Initial deployments have begun in DartPoints’ Eastern Iowa and Dublin, OH facilities. This deployment has improved the capabilities of the fully managed...

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Read DartPoints acquires Immedion
DartPoints acquires Immedion

DartPoints acquires Immedion

March 16, 2021 DartPoints

DartPoints that it has signed an agreement to acquire Immedion and all its eight data centers. The eight data centers are in seven metropolitan areas, which are; Asheville, NC., Charleston, SC., Columbia, SC., Greenville, SC., Spartanburg, SC., Columbus, Ind., and Cincinnati. The transaction for...

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Read DartPoints Acquires Metro Data Centers
DartPoints Acquires Metro Data Centers

DartPoints Acquires Metro Data Centers

October 28, 2020 DartPoints

Acquisition expands DartPoints’ North American footprint to Central OhioDALLAS--(BUSINESS WIRE)--DartPoints, an owner and operator of edge colocation data centers, announces its acquisition of Metro Data Centers (MDC), a full-service provider of interconnection and data center solutions in...

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Read DartPoints Receives Investment from Astra Capital Management
DartPoints Receives Investment from Astra Capital Management

DartPoints Receives Investment from Astra Capital Management

May 06, 2020 DartPoints

Majority Investment Will Accelerate Buy and Build Strategy Across North America - DartPoints is an owner and operator of edge colocation data centers, which offer secure and reliable infrastructure in close proximity to users, particularly beyond Tier I markets - Accomplished telecommunications...

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Read CyrusOne amends $2.5 Billion Credit Facility
CyrusOne amends $2.5 Billion Credit Facility

CyrusOne amends $2.5 Billion Credit Facility

April 01, 2020 CyrusOne

The amended agreement consists of a $1.4B revolving credit facility, which includes a $750M multi-currency borrowing sub-limit, and term loan commitments totaling $1.1B.The credit agreement also contains an option which allows CyrusOne to obtain up to $1.5 billion in additional revolving or term...

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