Data Center News

ESR secures Sustainability-Linked Loan (SLL) for Hong Kong data center development

Hong Kong

ESR has secured a Sustainability-Linked Loan (SLL) to develop a data center in Hong Kong, it has announced. It has closed the first SLL in Hong Kong, worth HK$1.6 billion (US$205m), which will be used to convert a building in Kwai Chung into the 21.3MW ESR Kwai Chung Data Centre HK1.The compan...

SCC installs solar panels on its Birmingham data center

Birmingham UK

SCC has installed solar panels on its data center in Birmingham, it has announced. Its flagship CV1 facility will have a 737kWp roof-mounted solar-PV system attached that will cover just over five percent of the facility's total energy needs. This new development has been made possible in part...

Hill International to support building of two Digital Realty data center projects in Greece

Digital Realty: Athens ATH1

Hill International, Inc. has announced it will work with Digital Realty to support the construction of two new data centers in Greece. The first will be in Heraklion, Crete, while the second will be located in Athens. The latter location is where the company's Greek data center campus is based...

Data center for sale in Topeka, Kansas

Kansas

There is a data center building available for purchase in Topeka, Kansas. Topeka's 400 SE Jefferson Street is up for sale through Colliers for a price that has not been disclosed. The 16,350-square-foot building in Shawnee County contains a 10,500-square-foot data center and a 5,850-square-foo...

Hyundai, Kia, and Samsung invest $100m in AI and RISC-V chip firm Tenstorrent

Tenstorrent, a maker of AI chips, has raised $100 million from investors, including the Hyundai Motor Group, Kia, and a fund run by Samsung. The investment in the RISC-V and AI startup was set up as a debt that will eventually convert to stock. Tenstorrent will not have an official new valuati...

Lumen, a US telco, loses $8.74bn due to non-cash impairment

Lumen Technologies

In the second quarter, Lumen Technologies reported a loss of $8.74 billion, a significant decrease from the $344 million profit in the same quarter last year. The company, formerly CenturyLink Enterprise, has lost more than 66 percent of its value this year, reducing its market capitalization ...

Microsoft has submitted plans to construct two data centers in San Jose, California

Microsoft Azure

Microsoft has applied to construct two data centers in San Jose, California. On August 17, the San Jose Council Planning Division will convene to discuss Microsoft's plans for a 65-acre site at 1657 Alviso-Milpitas Road. The company seeks permission to remove 79 trees to construct two single-s...

Texas-based Valero payments data center for sale

Texas

Energy company Valero's office and data center space is up for sale in Texas. Williams & Co Real Estate has the Valero Credit Card Ops Center at 7201 Canyon Drive in Amarillo listed for sale with a Triple Net Lease (NNN) tenant. The price listed is $6,295,000. The 2003-built, 34,585-square...

Elisa launches edge data center with Wind River

Elisa Oyj and Wind River have reportedly deployed a "fully automated" Edge data center. This is the second edge site to go into commercial production this year. The project combines Wind River Studio Cloud Platform combines Wind River Studio Cloud Platform as the production-grade distributed K...

Stack Infrastructure concludes its second $250 million debt financing of 2023

STACK INFRASTRUCTURE

$250 million in securitized notes have been issued as part of Stack Infrastructure's second round of structured debt financing for 2023. The funding round began a month ago with an initial goal of raising $100 million, which has since more than doubled. Since 2019, Stack has raised $2.3 billio...

George Mason University and AWS jointly develop a data center engineering course

Amazon AWS

A data center engineering course is being created by George Mason University in Fairfax County, Virginia, and Amazon Web Services (AWS). The faculty of Mason's College of Engineering and Computing will offer the course, which will be titled ME/ECE 499: Data Center Engineering. It will be acces...

Cirion intends to construct a 20MW data center in Santiago, Chile

Cirion Technologies, a developer of digital infrastructure and technology, plans to construct a 20MW data center in Santiago, Chile. The facility, known as SAN2, will be the company's second data center in the country and is anticipated to be operational by early 2025.The data center will be l...

Markley Group seeks $80 million in data center litigation with Zayo

Zayo

The Markley Group has filed a $80 million lawsuit against networking company Zayo Group over a data center lease in a Boston carrier hotel. The filing is a response to the case raised by zColo in April 2023, in which it was alleged that the Markley Group had engaged in a years-long campaign of...

Mubadala makes an investment in Aligned Data Centers and acquires a minority stake

Aligned

Mubadala Investment Company, the sovereign investment branch of Abu Dhabi, has invested in Aligned Data Centers. Mubadala will become a minority shareholder in the U.S. company, although the scale of the investment was not disclosed. Macquarie Asset Management remains the majority shareholder ...

GTR will construct a 16MW data facility in Barcelona, Spain.

A data center will be built in Barcelona, Spain, by Global Technical Realty (GTR). The company, backed by KKR's third global infrastructure fund, has acquired its first data center building site in Spain. The location is Parc de l'Alba in Cerdanyola del Vallès, just outside of Barcelona. Accor...

Ireland's low tax advantage boosts data center construction

Republic of Ireland

Despite repeated calls from different parties in Ireland to halt data center building, a recent report has shown that Ireland's low tax advantage is  stimulating further growth in data center construction. According to a recent market review, Ireland's corporation tax rate, being one of the lo...

AWS launches its local zone edge location in Phoenix, Arizona

Amazon AWS

Amazon Web Services (AWS) has announced the launch of a Local Zone Edge location in Phoenix, Arizona. The general availability of a Local Zone in Phoenix was first announced back in January 2022. It was known then as us-west-2-phx-1a, which appears to have now been replaced by the new us-west...

Bitcoin Miner GDA opens of three new data centers in South Carolina

South Carolina

Genesis Digital Assets (GDA) has announced the opening of three new data centers in South Carolina's Western region. The company is one of the world's largest Bitcoin mining companies, and has 400 MW of capability spread across three continents.  It reportedly accounts for about 2% of the Bitc...

Dell'Oro: AI growth will drive data center capex to $500bn by 2027

The analyst firm Dell'Oro Group forecasts that data center capital expenditures will surpass $500 billion by 2027 due to AI infrastructure expenditures. As the market undergoes digestion, the group predicts that cloud and enterprise expenditure growth will decelerate in the near future.Despite...

Two data centers secure a $15 million loan in Cape Verde

Africa

The island nation of Cape Verde (Cabo Verde) in Africa has been granted a loan to construct two new data centers. This week, the African Development Bank (ADB) and the government of Cabo Verde announced the signing of a loan agreement for $15.3 million to improve the Cabo Verde Technology Park...