Data Center News

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

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 to...

December 03, 2021

Flexential

DE-CIX and H5 Data Centers announce partnership

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 ...

November 18, 2021

H5 Data Centers

KKR and Global Infrastructure Partners Acquire CyrusOne for $15 billion

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 ...

November 16, 2021

CyrusOne

American Tower acquires CoreSite for $10.1 billion

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 Ame...

November 16, 2021

CyrusOne

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

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...

October 29, 2021

CyrusOne

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

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. Chr...

October 29, 2021

H5 Data Centers

CyrusOne exploring the sale of its company

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 ban...

September 29, 2021

CyrusOne

CyrusOne awarded for net water positive efforts

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 a...

September 08, 2021

CyrusOne

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

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...

September 07, 2021

Lumen Technologies

Lumen divests CenturyLink ILEC assets

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 incl...

August 06, 2021

Lumen Technologies

Flexential enters sale-leaseback deal for Plano data center

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 d...

August 06, 2021

Flexential

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

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...

July 28, 2021

Lumen Technologies

A carbon-neutral future: Which companies are committing and delivering?

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...

July 21, 2021

Amazon AWS

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

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 t...

June 02, 2021

CyrusOne

DartPoints selects DE-CIX as its IXP partner

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 I...

May 05, 2021

DartPoints

DartPoints acquires Immedion

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 f...

March 16, 2021

DartPoints

DartPoints Acquires Metro Data Centers

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 Du...

October 28, 2020

DartPoints

DartPoints Receives Investment from Astra Capital Management

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 telecommunication...

May 06, 2020

DartPoints

CyrusOne amends $2.5 Billion Credit Facility

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 te...

April 01, 2020

CyrusOne

CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)

DALLAS--(BUSINESS WIRE)--CyrusOne (NASDAQ: CONE), a premier global data center REIT, today announced that it has helped ODATA construct and launch the company’s first data center in Bogotá, Colombia. ODATA’s new data center, DC BG01, is the second ODATA data center, the first outside Brazil af...

May 28, 2019

CyrusOne

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