Data Center News

Read Aligned announces $1.35 billion in securitized notes under its Green Finance framework
Aligned announces $1.35 billion in securitized notes under its Green Finance framework

Aligned announces $1.35 billion in securitized notes under its Green Finance framework

August 27, 2021 Aligned

Aligned just announced $1.35 billion in securitized notes, which is issued under its new Green Finance Framework. The Company said the notes issued were the first-ever green data securitization as well as the largest ever inaugural data center securitization. Anubhav Raj, CFO of Aligned, said the...

Read more
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...

Read more
Read Aligned secures $250 million for sustainability and green growth plans
Aligned secures $250 million for sustainability and green growth plans

Aligned secures $250 million for sustainability and green growth plans

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
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...

Read more
Read DataBank purchases existing building for fifth data center in Denver
DataBank purchases existing building  for fifth data center in Denver

DataBank purchases existing building for fifth data center in Denver

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
Read Involta acquires SecureData 365, taking over Canton data center
Involta acquires SecureData 365, taking over Canton data center

Involta acquires SecureData 365, taking over Canton data center

May 06, 2021 Ark: Canton

Involta has announced its acquisition of SecureData 365. As part of this acquisition, Involta will take over the company’s 29,960 sq ft (2,780 sq m) data center based in Canton, Ohio. The acquisition of the Canton facility means the company will now operate five facilities in Ohio. Its current...

Read more
Read DataBank issues $658M of Secured Notes
DataBank issues $658M of Secured Notes

DataBank issues $658M of Secured Notes

March 12, 2021 DataBank

Colocation provider DataBank will issue $658 million of secured notes. The new securitization notes will refinance DataBank's existing credit facility. This securitization and refinancing of previous loans adds more than $200M in liquidity to DataBank's balance sheet, providing funding for...

Read more
Read DataBank closes Acquisition of Zayo's data centers
DataBank closes Acquisition of Zayo's data centers

DataBank closes Acquisition of Zayo's data centers

December 15, 2020 DataBank

DataBank has closed deal to acquire 45 of Zayo's data centers across 20 markets in the US and UK. A second closing for zColo’s data centers in France is expected to be completed in Q1 2021. The deal instantly transforms Databank into a large player in the colocation market. With zColo's...

Read more
Read DataBank acquires zColo sites from Zayo for $1.4 Billion
DataBank acquires zColo sites from Zayo for $1.4 Billion

DataBank acquires zColo sites from Zayo for $1.4 Billion

September 30, 2020 DataBank

DataBank will acquire Zayo's zColo division for $1.4 billion. The deal includes the sale of 44 data centers in more than 20 markets across the United States and Europe. The transaction is expected to close in December 2020. Once closed, DataBank will operate 1.1 million square feet of data center...

Read more
Read Aligned Increases Facility to $575 Million (PR)
Aligned Increases Facility to $575 Million (PR)

Aligned Increases Facility to $575 Million (PR)

May 11, 2020 Aligned

DALLAS – Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces it has increased its secured credit facility to $575 million as the company experiences...

Read more
Read DataBank Announces $185 Million Equity Investment from Colony Capital (PR
DataBank Announces $185 Million Equity Investment from Colony Capital (PR

DataBank Announces $185 Million Equity Investment from Colony Capital (PR

January 06, 2020 DataBank

DALLAS, Jan. 6, 2020 /PRNewswire/ -- DataBank, a leading provider of enterprise-class data center, connectivity and managed services, today announced that Colony Capital (NYSE: CLNY) has made a $185 million investment into DataBank through the purchase of secondary equity interests from existing...

Read more
Read AMP Capital acquires Expedient Data Centers
AMP Capital acquires Expedient Data Centers

AMP Capital acquires Expedient Data Centers

October 23, 2019 Expedient Data Centers

AMP Capital, An Australian investment firm, has acquired Expedient from Landmark Media Enterprises, the company's current investor. Expedient is an Infrastructure-as-a-Service business focused on colocation, cloud, managed services and networks with a base of over 1,200 customers. Terms were not...

Read more
Read Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)
Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)

Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)

October 22, 2019 Aligned

DALLAS – Aligned Energy, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announced today it has completed a $495 million secured credit facility with investors including...

Read more
Read Aligned Energy Announces New Strategic Investment by Macquarie Infrastructure Partners
Aligned Energy Announces New Strategic Investment by Macquarie Infrastructure Partners

Aligned Energy Announces New Strategic Investment by Macquarie Infrastructure Partners

April 23, 2019 Aligned

DALLAS, April 23, 2018 /PRNewswire/ -- Aligned Energy (the "Company"), a leading data center provider, today announced it has received a strategic investment from Macquarie Infrastructure Partners ("MIP"), which will support the Company's growth with significant additional capital. Aligned Energy...

Read more
Read NewCloud Networks Expands at H5 in Cleveland
NewCloud Networks Expands at H5 in Cleveland

NewCloud Networks Expands at H5 in Cleveland

March 29, 2019 H5 Cleveland Technology Center (CTC)

H5 has announced a customer expansion at its Cleveland Data Center. NewCloud Networks, a Denver based cloud services provider, has chosen the H5 facility to expand its Cleveland presence. The building, previously known as the Cleveland Technology Center, has changed hands a few times over the...

Read more
Read Carter Validus Mission Critical REIT II Completes a $23.2 Million Acquisition of Canton Data Center
On October 3, 2018, the Company acquired the Canton Data Center for approximately $9.4 million excluding acquisition fees and costs. The facility is a colocation data center delivering 1.5 Megawatt...

Carter Validus Mission Critical REIT II Completes a $23.2 Million Acquisition of Canton Data Center

November 02, 2018 Ark: Canton

On October 3, 2018, the Company acquired the Canton Data Center for approximately $9.4 million excluding acquisition fees and costs. The facility is a colocation data center delivering 1.5 Megawatts of existing capacity expandable to 3.0 Megawatts. Located in Canton, Ohio, the data center is...

Read more
Read Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]
Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

May 01, 2017 Verizon Enterprise

REDWOOD CITY, Calif., May 1, 2017 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of 29 data centers and their operations from Verizon Communications Inc. (NYSE, Nasdaq: VZ). The U.S. $3.6 billion...

Read more
Read H5 Data Centers Acquires Cleveland Data Center
H5 Data Centers Acquires Cleveland Data Center

H5 Data Centers Acquires Cleveland Data Center

January 26, 2017 H5 Cleveland Technology Center (CTC)

Denver, CO - H5 Data Centers, a national colocation and wholesale data center provider, today announced it has acquired the Cleveland Technology Center in downtown Cleveland, Ohio. Located at 1625 Rockwell Avenue, the acquisition adds to H5's growing data center portfolio of nearly 1.5 million...

Read more

Ready to Level up Your
Data Center Strategy?