Data Center News

DataBank to expand DEN2 facility

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. Sp...

February 02, 2022

DataBank

Grid vulnerability warnings in Texas

There are growing concerns around grid availability in Texas after the announcement that as much as 5,000MW of cryptocurrency load could be added to the grid by 2023. According to reports, operator Electric Reliability Council of Texas (ERCOT) will oversee 3,000-5,000 MW added in addition to t...

November 22, 2021

Texas

Databank moves into Ashburn, Virginia

Databank has announced that it is breaking ground on a new facility in Ashburn, Northern Virginia. This data center, IAD3, will initially have a capacity of 4MW of capacity expandable to 40MW and will span 200,000 sq ft (18,600 sqm). According to the company, the facility will be ready for ser...

November 10, 2021

DataBank

Genesis Digital Assets expands data center footprint in West Texas

Genesis Digital Assets, a U.S.-based Bitcoin (BTC) mining firm, has announced that it is expanding its data center footprint in Texas. The facility will be industrial-scale with a capacity of 300MW.According to reports, the facility will also have sustainability at its core, with “sustainable ...

November 03, 2021

Texas

DataBank announces it has started construction on sixth Salt Lake data center

DataBank has broken ground on its sixth Salt Lake data center, SLC6. The facility will see DataBank increase capacity to meet the increasing demand for mission-critical IT infrastructure in the Salt Lake City and Utah market. The site is located in Bluffdale, between Utah’s Silicon Slopes a...

August 30, 2021

DataBank

DataBank purchases existing building for fifth data center in Denver

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 me...

July 27, 2021

DataBank

DataBank issues $658M of Secured Notes

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 gen...

March 12, 2021

DataBank

DataBank closes Acquisition of Zayo's data centers

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 facili...

December 15, 2020

DataBank

DataBank acquires zColo sites from Zayo for $1.4 Billion

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 cen...

September 30, 2020

DataBank

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

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 existi...

January 06, 2020

DataBank

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