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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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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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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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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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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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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November 07, 2022 Lumen Technologies
Lumen has announced that it will sell its Europe, Middle East, and Africa (EMEA) operations to Colt in a $1.8 billion deal. The deal will see Lumen divest its EMEA business, including its data centers, terrestrial and subsea networks, and network equipment in the EMEA region, to Colt. The deal is...
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October 27, 2022 DataBank
DataBank has announced the opening of its latest Salt Lake City data center, SLC6. According to the company, the facility was built to meet the growing demand for increased capacity and mission-critical IT infrastructure.“We are pleased to open this new facility, providing additional capacity to...
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October 24, 2022 DataBank
The Investment Management Corporation of Ontario (IMCO) will invest around US$450m in DataBank. The Canadian firm signed an agreement to invest the funds as part of DataBank’s recapitalization process. DataBank is expected to close the deal in Q4 2022. The Chief Investment Officer of IMCO,...
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October 17, 2022 Aligned
After acquiring two parcels of land in Arizona, Aligned Data Centers has announced plans for two new construction projects, mega campuses, spanning 400MW of IT load and approximately two million square feet. The facilities will reportedly prioritize sustainability, using Delta³ cooling technology...
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September 26, 2022 Cogent Communications
Cogent Communications Holdings has acquired T-Mobile’s wireline business for $1 billion. In addition, T-Mobile expects to have a pre-tax charge of $1 billion from selling the unit to Cogent. T-Mobile will also pay Cogent $350m in the first 1 year of closing the deal and another $350m over the...
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August 29, 2022 Ark: Independence
Involta has announced the expansion of its data center in Independent, Ohio. The data center company added 1,300 square meters (14,000 square feet) of space to the facility. It also added 1MW of power to the data center. The facility is located at 7300 E Pleasant Valley Road. The expansion sees...
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August 03, 2022 Aligned
Aligned Data Centers has announced its expansion in Northern Virginia, with the addition of a new 72 MW four-story data center across 430,000 sqft based at its new campus in Sterling. This addition will be the company’s third in the area and part of phase one of the campus development. The...
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July 13, 2022 StratCap Data Centers
StratCap has announced the acquisition of a data center in Jacksonville, Florida. The company revealed that its data center real estate division, StratCap Data Centers bought a triple net leased data center for an undisclosed fee. The facility spans 2,400 square meters (25,600 square feet) and is...
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June 23, 2022 Aligned
Aligned has announced that it is developing a new data center in Salt Lake, Utah. The data center will be called SLC-03, and it will be developed on its campus in West Jordan, Utah. The development will see Aligned add over 100MW capacity to the West Jordan campus. When this happens, it will add...
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May 20, 2022 Aligned
Aligned Data Centers has announced that it has increased its existing sustainability-linked (SLL) from $375 million to $1.75 billion in an effort to “accelerate its next phase of strategic growth and expansion.” This loan is linked to ESG goals, and if the company manages to reach the pre-agreed...
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May 18, 2022 DataBank
DataBank has announced the acquisition of an existing data center and 18-acre land in Atlanta, Georgia. The property acquired is located at 200 Selig Drive, Atlanta. Although the company did not reveal the transaction terms, CoStar reports that DataBank paid $10.9 million for the property. The...
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May 09, 2022 Cogent Communications
Stonerock Capital Partners and Triple Double have completed the acquisition of two properties in downtown Miami. The properties are located at 200 SE 1st Street and 44 W. Flagler Street. They paid $56.7 million for both properties. The 200 SE 1st property is a 12-story, 13,200 square meter...
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May 06, 2022 H5 Cleveland Technology Center (CTC)
H5 is looking to expand its Cleveland facility in Ohio. The data center company filed with the Cleveland planning commission to expand its data center located at 1625 Rockwell Avenue. It also filed for a Façade change at the facility. Although the application didn’t reveal specifics of the...
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April 20, 2022 DataBank
DataBank has announced that it is expanding its SNA2 data center in Irvine, California. The expansion will see the company add 4MW of critical power and 24,000 square feet (2,200 square meters) of raised floor space. The facility currently offers 4MW of critical power and 3,100 square meters...
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