Read Stack Infrastructure intends to raise $100 million in secured notes
Stack Infrastructure intends to raise $100 million in secured notes
July 26, 2023

Stack Infrastructure intends to raise $100 million in secured notes

STACK INFRASTRUCTURE

Stack Infrastructure seeks to raise $100 million by issuing securitized notes. After raising $250 million in March, this will be Stack's second fundraising round this year and sixth overall. It will begin on July 24.The notes have received an A-2 rating from S&P Global. This is presently s...

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Read Kotak Data Center Fund grants Sify $73 million
Kotak Data Center Fund grants Sify $73 million
July 26, 2023

Kotak Data Center Fund grants Sify $73 million

Sify Technologies

Sify has raised over $70 million to develop new data centers. This funding was made public this week during the company's quarterly earnings report. Sify and Sify Infinit Spaces Limited ("SIS"), a wholly-owned subsidiary of Sify that operates its data centers, recently entered into a contract ...

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Read Europe's Climate Neutral Data Centre Pact (CNDCP) publishes its first Certifications of Adherence
Europe's Climate Neutral Data Centre Pact (CNDCP) publishes its first Certifications of Adherence
July 26, 2023

Europe's Climate Neutral Data Centre Pact (CNDCP) publishes its first Certifications of Adherence

Europe's Climate Neutral Data Centre Pact (CNDCP) has published its first list of certifications since being set up in 2021. Over 80 service providers have now promised to be climate neutral by 2030. Further, it shared that 95% of the first cohort of signatories, which represent nearly 75% of ...

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Read CoreWeave intends to construct a $1.6bn AI cloud-based facility in Plano, Texas
CoreWeave intends to construct a $1.6bn AI cloud-based facility in Plano, Texas
July 26, 2023

CoreWeave intends to construct a $1.6bn AI cloud-based facility in Plano, Texas

CoreWeave Plano

CoreWeave, a cloud company specializing in GPUs, intends to invest $1.6 billion in a data center in Plano, Texas. To qualify for a tax credit approved this week by the Plano City Council, the company will need to invest at least $800 million each year for the following two years. In 2025 and 2...

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Read Orange installs over 200 solar panels on data center in Timișoara, Romania
Orange installs over 200 solar panels on data center in Timișoara, Romania
July 26, 2023

Orange installs over 200 solar panels on data center in Timișoara, Romania

Orange

Orange has installed over 200 solar panels at its Timișoara, Romania data center, it has announced. This is in addition to deployments at its data center in Constanța and Braşov, taking the total to 650 solar panels that are installed and operational. The deployment will reportedly bring 100k...

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Read Microsoft pushes forward with data center projects in Brazil
Microsoft pushes forward with data center projects in Brazil
July 26, 2023

Microsoft pushes forward with data center projects in Brazil

Microsoft Azure

Microsoft has shared its plans for further expansion in Brazil, with a new data center in the Campinas area of São Paulo state, Brazil. Located in Hortolândia, details on the facility obtained by BNAmericas, reveal the giant’s plans for the installation of a data center on greenfield land wit...

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Read Culpeper data center rezoning request deferred
Culpeper data center rezoning request deferred
July 25, 2023

Culpeper data center rezoning request deferred

United States

On July 18th, the Town of Culpeper Planning Commission held a public hearing where it deferred action on a rezoning request for a large data center complex adjacent to the Culpeper National Cemetery annex.Copper Ridge Culpeper LLC of Middleburg is seeking to rezone 116 acres along East Chandle...

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Read $100 million data center plan in Columbia River Gorge 'discontinued'
$100 million data center plan in Columbia River Gorge 'discontinued'
July 25, 2023

$100 million data center plan in Columbia River Gorge 'discontinued'

Oregon

In Oregon, Cascade Locks port authority has announced the decision to discontinue Roundhouse Digital Infrastructure's $100 million data center project in the Columbia River Gorge. The startup had planned to build a 10MW data center targeting "niche government and energy industry" clients. Howe...

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Read STT GDC to team up with leading universities in the Philippines
STT GDC to team up with leading universities in the Philippines
July 25, 2023

STT GDC to team up with leading universities in the Philippines

ST Telemedia Global Data Centres (STT GDC)

ST Telemedia Global Data Centres (STT GDC) Philippines, a joint venture of Globe, Ayala Corporation, and Singapore-based ST Telemedia Global Data Centres, has announced that it is partnering up with some of the country's top universities. Collaborating with De La Salle University, the Univers...

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Read Multacom, a LA data center company, bought by Edge Centres
Multacom, a LA data center company, bought by Edge Centres
July 25, 2023

Multacom, a LA data center company, bought by Edge Centres

Edge Centres

US data center company Multacom has been acquired by Australian Edge operator Edge Centres. This week, the companies announced the acquisition. The terms were not revealed. Edge Centres will acquire a Los Angeles-based data center operator, adding 25,000 square feet and 1-megawatt capacity acr...

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Read GIC seeks to raise capital for South Korean data center initiative
GIC seeks to raise capital for South Korean data center initiative
July 24, 2023

GIC seeks to raise capital for South Korean data center initiative

Singapore

The sovereign wealth fund GIC of Singapore is soliciting funds for a data center outside Seoul, South Korea. According to Business Korea, institutional investors, such as GIC, are working with indigenous institutional investors, securities companies, and asset management firms to build a data ...

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Read Cambodia starts construction on its national data facility
Cambodia starts construction on its national data facility
July 24, 2023

Cambodia starts construction on its national data facility

The government of Cambodia has begun construction of a new national data center. Chea Vandeth, minister of post and telecommunications in Cambodia, attended the groundbreaking event in Phnom Penh last week. The new center, according to Vandeth, not only provides secure storage but also seeks t...

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Read Google's data center plans in Uruguay spark outrage as country faces water crisis
Google's data center plans in Uruguay spark outrage as country faces water crisis
July 21, 2023

Google's data center plans in Uruguay spark outrage as country faces water crisis

Google

Uruguay is currently battling a water crisis, facing its worst drought in more than 70 years. The country has now experienced years of low rainfall, something which is likely to only continue as climate change exacerbates the issue. However, it's not just the result of climate change, accordin...

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Read Hyperscalers set capture half of data center capacity in the next five years
Hyperscalers set capture half of data center capacity in the next five years
July 21, 2023

Hyperscalers set capture half of data center capacity in the next five years

According to Synergy Research Group, hyperscalers and colocation companies are dwarfing on-premise data center capacity. Its research revealed that hyperscalers now account for  37% of the worldwide capacity of all data centers, with the number of large data centers operated by hyperscalers re...

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Read Moveworks expands with Canadian data center
Moveworks expands with Canadian data center
July 21, 2023

Moveworks expands with Canadian data center

Canada

Moveworks has announced that its first regional data center in Canada has opened, a move which the company said signifies its move toward promoting greater data center privacy and residency, in line with the evolving regulatory landscape in Canada.The company noted that data privacy is a “cruc...

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Read Compass will soon buy Sears' 2.4 million-square-foot Chicago facility
Compass will soon  buy Sears' 2.4 million-square-foot Chicago facility
July 21, 2023

Compass will soon buy Sears' 2.4 million-square-foot Chicago facility

Compass Datacenters

Compass Datacenters, which was recently taken over, is planning to purchase a former Sears office complex in Chicago, Illinois, presumably for a new data center campus. The data center constructor and operator are "poised" to acquire the Sears site in the Hoffman Estates neighborhood, as first...

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Read SEB Bank provides DEAC and DLC a $33 million loan
SEB Bank provides DEAC and DLC a $33 million loan
July 21, 2023

SEB Bank provides DEAC and DLC a $33 million loan

Delska (DEAC, DLC Data Logistics Center)

The DEAC of Latvia and the Data Logistics Center (DLC) of Lithuania have received a $33.4 million loan to finance the expansion of their respective data centers. The two companies announced this week that they had secured a 10-year loan from SEB Bank to expand Baltic telecommunications systems...

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Read Liberty Global raises its stake in Telenet to 93.23 percent
Liberty Global raises its stake in Telenet to 93.23 percent
July 21, 2023

Liberty Global raises its stake in Telenet to 93.23 percent

Liberty Global has taken on a larger majority stake in Belgian telecommunications provider Telenet and will recommence its efforts to acquire the company outright. The company will increase its ownership stake in the telecommunications company to 93.23 percent and is scheduled to reopen its op...

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Read Equinix Sofia data center's phase 2 development completed
Equinix Sofia data center's phase 2 development completed
July 20, 2023

Equinix Sofia data center's phase 2 development completed

Equinix Sofia SO1

The expansion of one of Equinix's Bulgarian data centers in Sofia has been concluded. This week, the company announced the completion of the second phase of its SO2 data center in the capital of Bulgaria. The development, which doubles the site's capacity to 700 servers, cost $12 million, acco...

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Read Datum has completed a 1 MW data hall upgrade in Farnborough
Datum has completed a 1 MW data hall upgrade in Farnborough
July 20, 2023

Datum has completed a 1 MW data hall upgrade in Farnborough

Datum Datacentres Limited

Datum Datacentres has completed the development of a 1MW data hall at its Farnborough data center. The development project at Datum's FRN1 has been concluded as part of a $9 million investment program.The new data hall on the first floor, Hall 4, has space for 380 racks, a cooling framework fo...

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