Data Center News

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

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

June 13, 2022 New York

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 Kathy...

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Read CoreSite Absorbs Three American Tower's Data Centers
CoreSite Absorbs Three American Tower's Data Centers

CoreSite Absorbs Three American Tower's Data Centers

June 09, 2022 CoreSite

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), and...

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Read CoreSite Is Developing a 34MW Facility in Silicon Valley
CoreSite Is Developing a 34MW Facility in Silicon Valley

CoreSite Is Developing a 34MW Facility in Silicon Valley

March 04, 2022 CoreSite

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...

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

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

February 02, 2022 New York

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...

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

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

December 01, 2021 CoreSite

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. Commenting...

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Read CoreSite exploring sale
CoreSite exploring sale

CoreSite exploring sale

November 12, 2021 CoreSite

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 has...

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Read CoreSite raises $150 million in debt offering
CoreSite raises $150 million in debt offering

CoreSite raises $150 million in debt offering

May 06, 2020 CoreSite

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.

Read CoreSite Attains HIPPA Compliance for 16 data centers
<a href="http://www.businesswire.com/news/home/20160825006269/en/CoreSite-Realty-Corporation-Successfully-Attains-HIPAA-Compliance" target="_blank">Buiness Wire Press Release Link</a>

CoreSite R...

CoreSite Attains HIPPA Compliance for 16 data centers

August 26, 2016 CoreSite

Buiness Wire Press Release Link CoreSite Realty Corporation Successfully Attains HIPAA Compliance Validation DENVER--(BUSINESS WIRE)--CoreSite Realty Corporation (NYSE:COR), a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., today...

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