April 07, 2023 DataBank
To help support its development aspirations, US colocation provider DataBank has obtained a new $325 million credit line. The facility, led by TD Securities, consists of a $50 million conventional credit line, a $125 million deferred draw term loan, and a $175 million five-year term loan. The...
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March 08, 2023 Texas
TexAmericas Center has announced its plan to develop green energy data centers, which it has said will be suitable for major companies eyeing expansion. The property pegged for this development has over 400 acres, which reports outline would be suitable for hyperscale, corporate, retail and...
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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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February 06, 2023 Texas
CitiGroup is initiating two data center expansion projects in the Austin and Dallas-Fort Worth regions of Texas. Two applications for 'Battery Room Buildouts' have been submitted to the Texas Department of Licensing and Regulation (TDLR). Its Georgetown Data Center is located at 201 Blue Ridge...
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December 02, 2022 Texas
Cipher Mining, Inc., a U.S.-based bitcoin mining company, has begun bitcoin mining operations at its Odessa data center in Texas."We are delighted to announce that our Odessa data center has begun bitcoin mining operations just 10 months after we broke ground at the site," said Tyler Page, CEO....
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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 21, 2022 Texas
Genesis Digital Assets, has broken ground on a new data center in Glasscock county Texas. Comprising four buildings when complete, the new facility is expected to be finished and fully operational by December this year. According to the company, the facility will utilize its proprietary...
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October 03, 2022 Texas
Arsenal Digital Holdings has announced that it has an agreement in place to acquire a data center campus in Texas. The crypto mining holding firm didn’t reveal the terms of the deal nor the location of the site. However, it noted that the property sits on a 50-acre site. It also said the property...
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August 18, 2022 Texas
According to reports, a parcel of land in Fort Worth, Texas, has been rezoned for residential and light industrial developments. Previously, the 361 acres of land was set aside for digital infrastructure and data center development, however this was never capitalized on. Specifically, the land...
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July 15, 2022 Texas
Texas is currently experiencing record temperatures, with the state hitting triple figures last week. Waco, for example, reached 108F, beating the 104F high set a century ago back in 1917. Last month, for instance, over a third of those in the US were urged to stay inside. This news comes as...
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July 04, 2022 Texas
Cryptomining firm White Rock Management has announced it is the latest company to decide to use flared gas to fuel its mining operations, launching its first US bitcoin mining operation in Texas' Brazos Valley region. This bitcoin mining facility will be powered using the oil well's excess...
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May 20, 2022 Texas
Atmos Energy has announced that it has installed a 460-kilowatt natural gas powered-fuel cell at its corporate data center, located in Dallas, Texas. According to the company, the fuel cell will be powered by methane-derived natural gas, which will be captured at landfills and livestock farms,...
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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 03, 2022 Texas
Riot Blockchain Inc. has announced that it is going to build a new cryptomine data center in Texas, on a 265-acre site that will utilize 1GW of energy, with an initial capacity of 400MW. According to reports, if used at full capacity constantly, the facility would consume the same amount of...
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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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March 10, 2022 DataBank
DataBank has announced that it will be expanding its LAS1 data center in Las Vegas, Nevada. The facility is located at 7185 Pollock Drive. DataBank will add 929 square meters (10,000 square feet) of data center space to the facility. Upon completion of the expansion, the data center’s total space...
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March 03, 2022 DataBank
DataBank has announced that it has completed and closed the acquisition of four data centers from CyrusOne. The data centers are all located in Houston, Texas. The deal was also worth $670 million. DataBank sees over 300,000 square feet of raised-floor data center capacity through the...
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February 04, 2022 DataBank
DataBank has announced the acquisition of a data center it was leasing in Denver, Colorado. The company plans to develop a new data center campus at the DEN2 facility. The data center is located at 6900 South Peoria Street, Colorado. DataBank did not reveal the details of the transaction....
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February 02, 2022 DataBank
DataBank has announced the creation of its Centennial Campus by purchasing following the purchase of the data center it leased in the Centennial municipality in Colorado. This purchase will enable the company to expand onto the adjacent plot, which will be home to its DEN5 data center. Speaking...
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