Data Center News

Read Iron Mountain enters $178 million sale-leaseback deal with Intermediate Capital Group, and would use proceeds to invest in data centers
Iron Mountain enters $178 million sale-leaseback deal with Intermediate Capital Group, and would use proceeds to invest in data centers

Iron Mountain enters $178 million sale-leaseback deal with Intermediate Capital Group, and would use proceeds to invest in data centers

June 26, 2021 Iron Mountain

US Real Estate Investment Company Iron Mountain has announced that it sold five facilities in the greater London area to Intermediate Capital Group (ICG). The sale agreement also included a leaseback deal for the facilities. Iron Mountain will remain in the facilities for an initial 12 year...

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Read Amazon overtakes Google to become largest corporate buyer of renewable energy in the US after announcing 14 new renewable projects
Amazon overtakes Google to become largest corporate buyer of renewable energy in the US after announcing 14 new renewable projects

Amazon overtakes Google to become largest corporate buyer of renewable energy in the US after announcing 14 new renewable projects

June 23, 2021 Amazon AWS

Amazon has overtaken Google as the largest corporate buyer of green energy in the United States. It also holds the title of being the largest renewable energy buyer in Europe. This comes after the Company announced its fourteen new green energy projects in the Us, Spain, Finland, and Canada. With...

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Read AWS wants to buy 41 acres of land in Warrenton, North Virginia if town reverses regulation barring the construction of data centers
AWS wants to buy 41 acres of land in Warrenton, North Virginia if town reverses regulation barring the construction of data centers

AWS wants to buy 41 acres of land in Warrenton, North Virginia if town reverses regulation barring the construction of data centers

June 17, 2021 Amazon AWS

The Fauquier Times reports that Amazon Web Services is planning to buy 41.7 acres of land in Warrenton, North Virginia if the town finally changes its rules to allow the construction of data centers. At a Warrenton Planning Commission, it was proposed that the rule be changed and data centers...

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Read AWS announces a new region, AWS Middle East (UAE)
AWS announces a new region, AWS Middle East (UAE)

AWS announces a new region, AWS Middle East (UAE)

May 28, 2021 Amazon AWS

Amazon Web Services has announced plans to build a new data center region in UAE. The new zone will have three Availability Zones, and it will be open before the mid of 2022. Upon completion, the region will be AWS’s second region in the Middle East after opening a Bahrain region two years ago....

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Read Facebook releases Renewable Impact Study
Facebook releases Renewable Impact Study

Facebook releases Renewable Impact Study

May 27, 2021 Meta

A new study into the impacts of Facebook's renewable energy projects was recently released. The report, commissioned by Facebook, and conducted by RTI International, a nonprofit research institute, revealed the social media company's renewable energy efforts have had widespread positive economic...

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Read Iron Mountain Completes Agreement to Expand footprint to India with JV with Web Werks
Iron Mountain Completes Agreement to Expand footprint to India with JV with Web Werks

Iron Mountain Completes Agreement to Expand footprint to India with JV with Web Werks

April 21, 2021 Iron Mountain

Iron Mountain is expected to invest $150 million over the next two years in a joint venture with Web Werks. Web Works is one of India’s top colocation data center providers. Iron Mountain, which is a storage and information management services company first announced its plan to invest on...

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Read Facebook Plans to Wholesale Its Fiber
Facebook Plans to Wholesale Its Fiber

Facebook Plans to Wholesale Its Fiber

March 06, 2019 Meta

Facebook plans to sell excess fiber on its owned long haul routes that interconnect Facebook data centers. As part of the plan, Facebook will allow local and regional network providers to acquire capacity. Fast Facts: Initially, Facebook is focused on the network connecting their data centers in...

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Read Iron Mountain completes it $1.3 billion acquisition of IO Data Centers
Iron Mountain completes it $1.3 billion acquisition of IO Data Centers

Iron Mountain completes it $1.3 billion acquisition of IO Data Centers

January 10, 2018 Iron Mountain

Iron Mountain Inc. completed its acquisition of the U.S. operations of Phoenix-based IO Data Centers LLC on Wednesday. Iron Mountain (NYSE: IRM), the Boston-based storage and information management services company, bought IO for $1.34 billion. Iron Mountain announced the acquisition Dec. 11. The...

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