Data Center News

Read NE Edge and Groton: Data center discussions cease
NE Edge and Groton: Data center discussions cease

NE Edge and Groton: Data center discussions cease

April 05, 2022 Connecticut

Although it looked like a new data center would be on its way to Groton, Connecticut, last week, the Town Council decided to end negotiations with NE Edge LLC. This announcement came following the council's vote (five to one) to discontinue efforts to pursue a municipal host fee agreement with...

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Read KKR & GIC Make History By Closing CyrusOne's Acquisition for $15bn
KKR & GIC Make History By Closing CyrusOne's Acquisition for $15bn

KKR & GIC Make History By Closing CyrusOne's Acquisition for $15bn

April 04, 2022 CyrusOne

KKR & Global Infrastructure Partners have announced that they have completed and closed the acquisition of CyrusOne. The acquisition sees the public company become private. The acquisition fee is $15 billion, making it the largest Merger and Acquisition deal in the data center industry...

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Read CyrusOne joins the orchard initiative
CyrusOne joins the orchard initiative

CyrusOne joins the orchard initiative

March 18, 2022 CyrusOne

As more and more companies in the digital infrastructure sector realize the efforts required to change the trajectory of our planet’s path, more are joining different eco projects to contribute to the transformation. CyrusOne is one of these companies and has announced that it has joined Host in...

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Read Plans are in the Works For a New Data Center in Beacon Falls, Connecticut
Baxtel

Plans are in the Works For a New Data Center in Beacon Falls, Connecticut

March 04, 2022 Connecticut

MyCitizenNews reports that O&G Industries is looking to develop a new data center in Beacon Falls, Connecticut. The Torrington-based construction firm already owns the 25 acres of land it plans to develop the facility on. Although the company didn’t reveal the plans for the data center, it...

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Read Data center on the way for vacant Beacon Falls land?
Data center on the way for vacant Beacon Falls land?

Data center on the way for vacant Beacon Falls land?

March 01, 2022 Connecticut

According to reports, a local construction company in Beacon Falls, Torrington-based O&G Industries, is proposing plans to build a data center on vacant land in the town. The company's subdivision company, Data Center, is set to take the lead on the project, which will involve building the...

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Read CyrusOne makes headway on sustainability goals
CyrusOne makes headway on sustainability goals

CyrusOne makes headway on sustainability goals

February 16, 2022 CyrusOne

CyrusOne has announced that in line with its ambition to become data climate-neutral by 2030, its Dallas, Texas headquarters is now powered by 100% renewable energy. It is also the latest part of its portfolio to be net-water positive. CyrusOne is also one of the signatories of the Climate...

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Read Connecticut towns plan to stop data center development projects
Baxtel

Connecticut towns plan to stop data center development projects

December 08, 2021 Connecticut

Towns in Connecticut want to stop a new company from building data centers. Gotspace Data Partners LLC plans to build five data centers across Connecticut. The company plans to build data centers in Griswold, Groton, Wallingford, Bozrah, and Norwich. However, according to reports, the Wallingford...

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Read KKR and Global Infrastructure Partners Acquire CyrusOne for $15 billion
KKR and Global Infrastructure Partners Acquire CyrusOne for $15 billion

KKR and Global Infrastructure Partners Acquire CyrusOne for $15 billion

November 16, 2021 CyrusOne

Investment firm KKR, alongside Global Infrastructure Partners, has completed the acquisition of CyrusOne for $15 billion. CyrusOne owns and operates up to 50 data centers worldwide. Co-founder and interim President and CEO of CyrusOne, Dave Ferdman, commented that CyrusOne had built one of the...

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Read American Tower acquires CoreSite for $10.1 billion
American Tower acquires CoreSite for $10.1 billion

American Tower acquires CoreSite for $10.1 billion

November 16, 2021 CyrusOne

American Tower has completed the acquisition of CoreSite for $10.1 billion. According to American Tower, the acquisition of CoreSite will help transform its mobile computing business. Coresite operates up to 25 data centers in the United States. CEO of American Tower, Tom Bartlett, said American...

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Read CyrusOne to outsource the management of its US data centers to JLL
CyrusOne to outsource the management of its US data centers to JLL

CyrusOne to outsource the management of its US data centers to JLL

October 29, 2021 CyrusOne

CyrusOne has announced that it will be outsourcing the management of its US data centers to JLL. The agreement is expected to start on January 1st, 2022. CyrusOne announced the deal in an email it sent to its customers. In the email, CyrusOne says transitioning the management of its US data...

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Read CyrusOne exploring the sale of its company
CyrusOne exploring the sale of its company

CyrusOne exploring the sale of its company

September 29, 2021 CyrusOne

According to Reuters, CyrusOne is considering the sale of its business. It is said to be exploring some strategic changes that might include a sale. CyrusOne is a real estate investment trust that has a market cap of up to $9 billion. The Company is exploring its options with investment bank...

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Read CyrusOne awarded for net water positive efforts
CyrusOne awarded for net water positive efforts

CyrusOne awarded for net water positive efforts

September 08, 2021 CyrusOne

CyrusOne's commitment was recently recognized by The Environment + Energy Leader Awards program, which awarded the company with the Top Project of the Year Award. The program highlights products and services that provide companies with environmental and energy benefits. CyrusOne secured the...

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Read A carbon-neutral future: Which companies are committing and delivering?
A carbon-neutral future: Which companies are committing and delivering?

A carbon-neutral future: Which companies are committing and delivering?

July 21, 2021 CyrusOne

In 2021, data centers are responsible for 2% of the world’s CO2 emissions, equivalent to the entire airline industry worldwide. It has also been forecast that by 2025, data centers could consume up to one-fifth of Earth’s power. Increasingly, data center companies are waking up to the fact that...

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Read CyrusOne’s European data center portfolio now 100 percent powered by renewable energy
CyrusOne’s European data center portfolio now 100 percent powered by renewable energy

CyrusOne’s European data center portfolio now 100 percent powered by renewable energy

June 02, 2021 CyrusOne

CyrusOne just announced that all of its data centers in Europe are now running on 100% renewable energy. The Company has facilities in Dublin, London, Frankfurt, and Amsterdam, currently operating on renewable tariffs. Besides, the Company recently promised to be carbon neutral by 2040, and this...

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Read CyrusOne amends $2.5 Billion Credit Facility
CyrusOne amends $2.5 Billion Credit Facility

CyrusOne amends $2.5 Billion Credit Facility

April 01, 2020 CyrusOne

The amended agreement consists of a $1.4B revolving credit facility, which includes a $750M multi-currency borrowing sub-limit, and term loan commitments totaling $1.1B.The credit agreement also contains an option which allows CyrusOne to obtain up to $1.5 billion in additional revolving or term...

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Read CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)
CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)

CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)

May 28, 2019 CyrusOne

DALLAS--(BUSINESS WIRE)--CyrusOne (NASDAQ: CONE), a premier global data center REIT, today announced that it has helped ODATA construct and launch the company’s first data center in Bogotá, Colombia. ODATA’s new data center, DC BG01, is the second ODATA data center, the first outside Brazil after...

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Read CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY
CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY

CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY

May 01, 2019 CyrusOne

CyrusOne Inc. (CONE), a premier global data center REIT, today announced first quarter 2019 earnings. First Quarter Highlights 1Q’19 Year-over-Year Revenue Growth of 14% Leased 16 megawatts (“MW”) and 93,000 colocation square feet (“CSF”) in the first quarter, totaling $27 million in annualized...

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Read CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)
CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)

CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)

April 12, 2019 CyrusOne

DALLAS--(BUSINESS WIRE)--Apr. 12, 2019-- CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced that it has sold approximately 5.7 million American depository shares (“ADSs”) of GDS Holdings Limited (“GDS”) (NASDAQ: GDS) for a total purchase price of approximately $200...

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Read CyrusOne Completes the Zenium Acquisition
CyrusOne Completes the Zenium Acquisition

CyrusOne Completes the Zenium Acquisition

August 27, 2018 CyrusOne

DALLAS–(BUSINESS WIRE)–Aug. 27, 2018– CyrusOne Inc. (“CyrusOne”) (NASDAQ: CONE), a premier global data center REIT, today announced that it has closed its previously announced acquisition of Zenium Data Centers (“Zenium”), a leading hyperscale data center provider with properties in London and...

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