Data Center News

Bill passed to ban cryptomining data centers that use fossil fuel power plants

The New York Legislature has passed a landmark bill to ban cryptocurrency data centers that use fossil fuels to power their operations, in an effort to reduce statewide emissions by 85% by 2050. Specifically, the bill will impose a two-year moratorium on these activities, however, Governor Kat...

June 13, 2022

New York

CoreSite Absorbs Three American Tower's Data Centers

CoreSite has integrated three data centers from American Tower into its data center portfolio. The data centers are located in Florida and Georgia. The three data centers are Orlando OR1, located at 9701 S. John Young Parkway, Orlando, Atlanta AT1, located at 55 Marietta Street NW, Atlanta)...

June 09, 2022

CoreSite

CoreSite Is Developing a 34MW Facility in Silicon Valley

CoreSite has announced that it has gotten approval from Santa Clara’s Planning Commission for the development of a 200,000 square foot (18,500 square meters) 34MW data center in Silicon Valley. The facility is located at 2905 Stender Way. Coresite only got the approval after going through d...

March 04, 2022

CoreSite

Unoccupied Data Center in Hauppauge, NY, sells for $21m

An unoccupied data center in Hauppauge, New York, has been acquired for $21 million. According to Newsday, Link Logistics, a subsidiary of Blackstone, bought the property. Link Logistics plans to tear down the building and redevelop it as a Class A distribution center. The data center sits on ...

February 02, 2022

New York

CoreSite’s VA3 Data Center goes green, powered by 100% renewables

CoreSite has announced that its VA3 data on its Northern Virginia campus is powered by 100% renewable energy. This move to green has been achieved through Dominion Energy’s 100% Renewable Energy Program, which has a portfolio of locally-sourced solar, hydroelectric, and biomass energy. Com...

December 01, 2021

CoreSite

CoreSite exploring sale

According to Reuters, CoreSite is looking at the possibility of a sale. The real estate trust is working with an investment bank to see its options. CoreSite currently operates over 25 data centers across North America. It also has a market of over $8 billion. According to reports, CoreSite ha...

November 12, 2021

CoreSite

CoreSite raises $150 million in debt offering

CoreSite has raised $150M in a debt offering, via a private placement to accredited investors. According to CoreSite, the 3.75 percent Senior Notes are due in 2027. The company said the proceeds of the financing will go to refinance existing debt and for general corporate purposes.

May 06, 2020

CoreSite

CoreSite Attains HIPPA Compliance for 16 data centers

Buiness Wire Press Release Link CoreSite Realty Corporation Successfully Attains HIPAA Compliance Validation DENVER--(BUSINESS WIRE)--CoreS...

August 26, 2016

CoreSite

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