Data Center News

Read Mubadala makes an investment in Aligned Data Centers and acquires a minority stake
Mubadala makes an investment in Aligned Data Centers and acquires a minority stake

Mubadala makes an investment in Aligned Data Centers and acquires a minority stake

August 02, 2023 Aligned

Mubadala Investment Company, the sovereign investment branch of Abu Dhabi, has invested in Aligned Data Centers. Mubadala will become a minority shareholder in the U.S. company, although the scale of the investment was not disclosed. Macquarie Asset Management remains the majority shareholder of...

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Read StratCap acquires digital infrastructure assets worth $90 million
StratCap acquires digital infrastructure assets worth $90 million

StratCap acquires digital infrastructure assets worth $90 million

July 14, 2023 StratCap Data Centers

StratCap has acquired essential digital infrastructure assets worth roughly $90 million, which include 13 cell towers and a data center. The acquisition was announced during the company's recent Q2 earnings report. StratCap has acquired cell towers in Missouri, Florida, Wisconsin, Tennessee,...

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Read H5 Data Centers to expand its Phoenix data center
H5 Data Centers to expand its Phoenix data center

H5 Data Centers to expand its Phoenix data center

July 04, 2023 H5 Data Centers

H5 Data Centers has announced a 30,000 sqft expansion of its Phoenix colocation facility. Located at 2600 W. Germann Road in Chandler, AZ, this expansion is part of the company's third phase of development at the 180,000-square-foot data center. Further to this square-footage expansion, phase...

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Read Loblaw former data center in Canada bought by Grain & StratCap
Loblaw former data center in Canada  bought by Grain & StratCap

Loblaw former data center in Canada bought by Grain & StratCap

June 22, 2023 StratCap Data Centers

Grain Management and StratCap bought a data center on the Canadian outskirts of Toronto. This week, the firms announced the formation of a joint venture to purchase 55 Hereford Street in Brampton, Ontario. The terms of the transaction were not disclosed, but per the joint venture contract,...

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Read Aligned Data Centers Concludes the Purchase of Odata
Aligned Data Centers Concludes the Purchase of Odata

Aligned Data Centers Concludes the Purchase of Odata

May 25, 2023 Aligned

Odata, a LATAM provider of data centers, has been fully acquired by Aligned Data Centers. According to Aligned, the transaction places the company among the biggest private data center owners in the Americas, with more than 2.5GW of critical capacity throughout over 40 data centers at full...

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Read Aligned Gets Maryland Data Center Planning Permission
Aligned Gets Maryland Data Center Planning Permission

Aligned Gets Maryland Data Center Planning Permission

May 18, 2023 Aligned

Planning approval has been given for Aligned Data Centers to build a data center on the enormous Quantum Loophole campus in Frederick County, Maryland. Last week, the Frederick County Planning Commission authorized the initial site plan for the Quantum Loophole campus's first data center. The...

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Read Aligned Data Centers Enters Canada, Invests In QScale
Aligned Data Centers Enters Canada, Invests In QScale

Aligned Data Centers Enters Canada, Invests In QScale

May 09, 2023 Aligned

Aligned Data Centers has invested in the Canadian company QScale. The "strategic investment" received "strong support" from existing shareholders, according to QScale. The scale of the investment was not disclosed; however, it is described as a "major financing...

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Read DataBank Begins Construction of a New Data Facility in Atlanta, Georgia
DataBank Begins Construction of a New Data Facility in Atlanta, Georgia

DataBank Begins Construction of a New Data Facility in Atlanta, Georgia

May 04, 2023 DataBank

DataBank has begun constructing a new data center in Atlanta, Georgia, and has completed an expansion in San Diego, California. The US-based business announced the start of construction on its ATL4 data center in Atlanta last week. The colocation facility, located at 200 Selig Drive, will include...

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Read DataBank to expand one of its Seattle, Washington facilities
DataBank to expand one of its  Seattle, Washington facilities

DataBank to expand one of its Seattle, Washington facilities

April 18, 2023 DataBank

DataBank has announced it is expanding one of its Seattle, Washington facilities. The company plans to increase the floor space to 27,900 square feet (2,590 sqm) and up the available critical IT power to 3MW. “We decided to expand our footprint in the Seattle area based on how fast its digital...

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Read Aligned Acquires 177k Sq. Ft. Office Building in Chicago for New Data Center Campus
Aligned Acquires 177k Sq. Ft. Office Building in Chicago for New Data Center Campus

Aligned Acquires 177k Sq. Ft. Office Building in Chicago for New Data Center Campus

April 18, 2023 Aligned

Aligned bought an office property in the Chicago, Illinois neighborhood of Elk Grove. It is currently unknown whether the company intends to convert the facility occupied by CitiBank into a data center. The Real Deal reports, citing Cook County public records, that Aligned purchased 50 Northwest...

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Read StratCap Expands Data Center Portfolio with Acquisition of Two US Facilities
StratCap Expands Data Center Portfolio with Acquisition of Two US Facilities

StratCap Expands Data Center Portfolio with Acquisition of Two US Facilities

April 18, 2023 StratCap Data Centers

StratCap, a privately held investment firm, has acquired two data centers in the United States. The data centers, located in California and Missouri, were purchased for an undisclosed amount. StratCap acquired in Santa Clara, California, a purpose-built data center that is 100 percent leased to a...

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Read Aligned joins the U.S. Environmental Protection Agency’s Green Power Partnership
Aligned joins the U.S. Environmental Protection Agency’s Green Power Partnership

Aligned joins the U.S. Environmental Protection Agency’s Green Power Partnership

April 11, 2023 Aligned

Aligned Data Centers has announced that it has joined the U.S. Environmental Protection Agency's Green Power Partnership, which aims to encourage organizations to voluntarily utilize green power for the benefit of the planet and human health. Through signing up for the Green Power...

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Read DataBank Obtains Credit Facility of $325 Million
DataBank Obtains Credit Facility of $325 Million

DataBank Obtains Credit Facility of $325 Million

April 07, 2023 DataBank

To help support its development aspirations, US colocation provider DataBank has obtained a new $325 million credit line. The facility, led by TD Securities, consists of a $50 million conventional credit line, a $125 million deferred draw term loan, and a $175 million five-year term loan. The...

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Read Construction of H5's Ashburn, VA Data Center Begins
Construction of H5's Ashburn, VA Data Center Begins

Construction of H5's Ashburn, VA Data Center Begins

March 22, 2023 H5 Data Centers

After dismantling the former data center there, H5 Data Centers has started construction on a new one in Ashburn, Virginia. This week, the company started building a 255,000-square-foot, three-story data center with a 42-megawatt capacity. The building is offered for pre-leasing at Loudoun...

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Read DataBank Secures $715m For Data Center Development
DataBank Secures $715m For Data Center Development

DataBank Secures $715m For Data Center Development

February 23, 2023 DataBank

DataBank is collecting $715 million on the market for asset-backed securities (ABS) to develop its data center infrastructure. Kroll Bond Rating Agency has disclosed in a pre-sale report information on the financing. The deal's issuer and co-issuer are represented by DataBank Issuer, LLC and...

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Read Verizon signs four new PPAs
Verizon signs four new PPAs

Verizon signs four new PPAs

January 17, 2023 Verizon Enterprise

Verizon has announced that it has signed four new power purchase agreements (PPAs) for renewable energy, an aggregate of up to 410 MW of renewable energy capacity. According to the company, these new deals align with its broader goal to source or generate renewable energy equivalent to 50 percent...

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Read Aligned plans 108MW Hillsboro campus
Aligned plans 108MW Hillsboro campus

Aligned plans 108MW Hillsboro campus

January 11, 2023 Aligned

Aligned has announced plans for an expansion into Hillsboro, Oregon, with a 27-acre, 108 MW data center campus. At the campus, the initial data center, PDX-01) is expected to offer 72MW of critical capacity and feature 12 6MW data halls across 27 acres. The company has shared that this site will...

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Read Aligned To Develop a 264MW and 3.3 Million Square Feet Facility at Quantum Loophole's Maryland campus
Aligned To Develop a 264MW and 3.3 Million Square Feet Facility at Quantum Loophole's Maryland campus

Aligned To Develop a 264MW and 3.3 Million Square Feet Facility at Quantum Loophole's Maryland campus

December 13, 2022 Aligned

Aligned has revealed plans for its new data center at the 2,100-acre Quantum Loophole campus in Frederick County, Maryland. Quantum Loophole revealed in May 2021 that it is developing a gigawatt-scale data center campus in Frederic County, Maryland. A year later, Aligned became the first company...

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Read Bloomberg Reporting Aligned is Close To Odata Acquisition
Bloomberg Reporting Aligned is Close To Odata Acquisition

Bloomberg Reporting Aligned is Close To Odata Acquisition

December 09, 2022 Aligned

According to Bloomberg, Aligned is looking to acquire Brazilian data center operator Odata. The report states that the discussions are in the advanced stage of a potential $1.8 billion deal. However, there’s still uncertainty about the deal, and it is more likely to fall through as it is to be...

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Read Aligned Data Centers Plans To Develop 192MW Data Center at Quantum Loophole's Maryland campus
Aligned Data Centers Plans To Develop 192MW Data Center at Quantum Loophole's Maryland campus

Aligned Data Centers Plans To Develop 192MW Data Center at Quantum Loophole's Maryland campus

December 06, 2022 Aligned

Aligned Data Centers has announced its plan for a massive data center in Frederick County, Maryland. The company plans to develop a gigawatt-scale facility at the 2,100-acre Quantum Loophole Campus. Earlier in May 2022, Aligned announced that it would develop a data center at the Quantum Loophole...

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