Data Center News

Read Digital Realty signs 158MW solar PPAs
Digital Realty signs 158MW solar PPAs

Digital Realty signs 158MW solar PPAs

May 20, 2022 Digital Realty Trust

Digital Realty has announced that it has signed a Power Purchase Agreement (PPA) for solar energy in California and another Georgia, with Terra-Gen and Georgia Power, respectively. The former is for a 12-year agreement with Terra-Gen, which will support the development of the 130MW Edwards...

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Read Alibaba Launches Data Center in Seoul, South Korea
Baxtel

Alibaba Launches Data Center in Seoul, South Korea

March 31, 2022 Seoul

Alibaba Cloud has announced the opening of a new data center in Seoul, South Korea. The company first revealed plans for a South Korean cloud region last year. It currently operates 82 Availability Zones and 26 regions across the globe. Alibaba’s head of Cloud Intelligence for Japan and Korea,...

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Read Pacific Asset Management and CPP Investments Are Teaming Up To Develop Hyperscale Data Center In Seoul
Baxtel

Pacific Asset Management and CPP Investments Are Teaming Up To Develop Hyperscale Data Center In Seoul

March 21, 2022 Seoul

Pacific Asset Management and Canada Pension Plan Investment Board have formed a joint venture for the sole purpose of developing a hyperscale data center in Seoul, South Korea. The two companies announced that they would be investing KRW 200 billion (US$164.4 million) to develop the largest...

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Read SC Capital Partners Launches Zeus Data center Plans Hyperscale Facility in Seoul
Baxtel

SC Capital Partners Launches Zeus Data center Plans Hyperscale Facility in Seoul

March 01, 2022 Seoul

Singapore’s SC Capital Partners (SCCP) has announced the launch of a new data center firm. The real estate investment firm says it will be developing hyperscale facilities across Asia. Zeus Data Centers, backed by SCCP, launched its website and social media pages in the summer. Reports show that...

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Read Digital Realty/Brookfield JV Buys Land for $30.8m in Chennai, India
Digital Realty/Brookfield JV Buys Land for $30.8m in Chennai, India

Digital Realty/Brookfield JV Buys Land for $30.8m in Chennai, India

February 21, 2022 Digital Realty Trust

According to India’s Economic Times. Digital Realty and Brookfield Asset Management’s joint venture in India has secured the purchase of 10 acres of land in Chennai. The companies acquired the land for over Rs 230 crore (~$30.8m). It is to be used for the development of a data center. One of the...

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Read Digital Realty acquires 55% of Teraco and enters South Africa
Digital Realty acquires 55% of Teraco and enters South Africa

Digital Realty acquires 55% of Teraco and enters South Africa

January 07, 2022 Digital Realty Trust

Digital Realty has bought the majority stake in Teraco. The data center giant announced the acquisition of the South African data center company from a consortium of investors, including Permira and Berkshire Partners. The deal sees Teraco valued at about $3.5 billion. The transaction sees...

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Read Digital Realty Announces Opening Of First Data Center in South Korea
Digital Realty Announces Opening Of First Data Center in South Korea

Digital Realty Announces Opening Of First Data Center in South Korea

December 25, 2021 Digital Seoul 1 (ICN10)

Digital Realty has announced the opening of its first data center in Seoul, South Korea. The new Digital Realty data center is called Digital Seoul 1 (ICN10). The 12MW capacity data center has multiple stories, and it covers a space of 22,000 square feet. This facility is also located in Seoul’s...

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Read San Jose data center site to be transformed by big developer
San Jose data center site to be transformed by big developer

San Jose data center site to be transformed by big developer

December 17, 2021 Digital Realty Trust

Digital Realty has announced that it has sold its San Jose data center to developer Hines. Documents filed on December 15 with the Santa Clara County Recorder's Office outline that Hines paid just under $60 million ($59.6 million) for the complex. The building spans 179,800 sqft; meanwhile, the...

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Read Digital Realty teams up with CoolestDC for liquid cooling for SIN11 data center
Digital Realty teams up with CoolestDC for liquid cooling for SIN11 data center

Digital Realty teams up with CoolestDC for liquid cooling for SIN11 data center

November 30, 2021 Digital Realty Trust

Digital Realty is partnering with Coolest DC to develop high-efficiency thermal management solutions for the industry following a pilot program supported by Temasek Foundation. The initial pilot scheme sought to improve energy consumption by data centers and enhance efficiency and had deployed:...

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Read Digital Realty: Sustainability-linked refinancing
Digital Realty: Sustainability-linked refinancing

Digital Realty: Sustainability-linked refinancing

November 25, 2021 Digital Realty Trust

Digital Realty has announced that it has "amended, extended, and upsized" its existing global revolving credit facility from $2.35 billion to $3.0 billion, which now feature a sustainability-linked pricing component. Moreover, the pricing will be "subject to adjustment" based on performance...

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Read Digital Realty forms JW with Pembani Remgro to acquire Nigeria's Medallion Data Centres
Digital Realty forms JW with Pembani Remgro to acquire Nigeria's Medallion Data Centres

Digital Realty forms JW with Pembani Remgro to acquire Nigeria's Medallion Data Centres

October 27, 2021 Digital Realty Trust

Digital Realty has announced that it has formed a joint venture with Pembani Remgro Infrastructure Fund to acquire Medallion Data Centres. Medallion is Nigeria’s top interconnection and colocation provider. The company operates two data centers in the country. One of the facilities is in Abuja,...

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Read Digital Realty makes strategic investment in AtlasEdge
Digital Realty makes strategic investment in AtlasEdge

Digital Realty makes strategic investment in AtlasEdge

October 15, 2021 Digital Realty Trust

Digital Realty has reached an agreement to make a strategic investment in AtlasEdge Data Centres. The investment will also see Digital Realty’s Executive VP, Strategic & Business Segments, Giuliano Di Vitantonio, join AtlasEdge as CEO, starting January 2022. AtlasEdge delivers smooth,...

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Read Sustainable Finance: New way to address the environmental footprint of data centers
Sustainable Finance: New way to address the environmental footprint of data centers

Sustainable Finance: New way to address the environmental footprint of data centers

September 27, 2021 Digital Realty Trust

Much has been said about how data centers adversely affect the environment. However, more data centers have begun to become 'Greener.' Besides, in order to leave a better environmental footprint, many data center companies are now spending more on green energy. Investors and data center financers...

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Read Menlo Equities acquires four Digital Realty data centers in Silicon Valley
Menlo Equities acquires four Digital Realty data centers in Silicon Valley

Menlo Equities acquires four Digital Realty data centers in Silicon Valley

September 24, 2021 Digital Realty Trust

Menlo Equities has completed the acquisition of four Digital Realty data centers in Silicon Valley. The firm acquired the facilities for a combined $108.8 million. First, it acquired a facility at 4650 Old Ironside Drive in Santa Clara for $35.8 million. The facility has 124,400 square feet of...

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Read Digital Realty files application for data centers in Clondalkin, Ireland
Digital Realty files application for data centers in Clondalkin, Ireland

Digital Realty files application for data centers in Clondalkin, Ireland

August 25, 2021 Digital Realty Trust

Digital Realty has filed for permission to build data centers in Clondalkin, Ireland. According to Digital Realty’s application, the Company wants 10-year permission to build two data center buildings called DUB15 and DUB16 close to its existing facilities in Clondalkin. These buildings will have...

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Read Digital Realty and Brookfield team up to develop data centers in India
Digital Realty and Brookfield team up to develop data centers in India

Digital Realty and Brookfield team up to develop data centers in India

July 16, 2021 Digital Realty Trust

Digital Realty has announced that it has entered into a 50/50 joint venture agreement with Brookfield Infrastructure to develop data centers in India. The brand name of the joint venture is BAM Digital Realty. Although precise details around the project are yet to be released, reports indicate...

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Read Digital Realty is meeting green targets according to third annual ESG report
Digital Realty is meeting green targets according to third annual ESG report

Digital Realty is meeting green targets according to third annual ESG report

July 16, 2021 Digital Realty Trust

According to its latest ESG report, Digital Realty is meeting its sustainability targets in the push for carbon-neutrality. The company, as part of the Science-Based Target Initiative (SBTi), has committed to reducing its Scope 1 and 2 emissions by 68% and Scope 3 emissions by 24% by 2030. Its...

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Read 50% of Digital Realty's global data center portfolio is now powered by green energy
50% of Digital Realty's global data center portfolio is now powered by green energy

50% of Digital Realty's global data center portfolio is now powered by green energy

June 17, 2021 Digital Realty Trust

Digital Realty has announced in its third ESG report that half of its global data center portfolio is now powered by green energy. It did this by increasing the portfolio of its data centers being powered by renewable energy by 20% in 2020. Impressively, it also increased its energy consumption...

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Read Digital Realty considering $300 million Singapore Trust IPO
Digital Realty considering $300 million Singapore Trust IPO

Digital Realty considering $300 million Singapore Trust IPO

June 10, 2021 Digital Realty Trust

According to a report from Bloomberg, Digital Realty is considering an Initial Public Offer (IPO) of a Singaporean trust that could raise between $300 million to $400 million. The report says Digital Realty is working with its advisers on the listing, and they are looking to conclude the IPO...

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Read Digital Realty Completes Acquisition Of Ascenty (Press Release)
Digital Realty Completes Acquisition Of Ascenty (Press Release)

Digital Realty Completes Acquisition Of Ascenty (Press Release)

May 20, 2021 Digital Realty Trust

SAN FRANCISCO, May. 20, 2021 -- Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, announced today its Brazilian subsidiary, Stellar Participações Ltda., has completed the previously announced acquisition of Ascenty, the leading data...

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