November 25, 2023 Spain
Spanish cloud company Gigas has planned to invest €3 million this year in its Oni data center in Lisbon, Portugal. The company purchased Portuguese telco Oni from MásMóvil in November 2020 for €40 million and plans to double the number of data rooms the 2,000 square meters site offers to ten,...
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November 24, 2023 Germany / Deutschland
Germany’s Hauck Aufhäuser Lamp Privatbank announced that its real estate investment management unit is launching a €300 million fund for institutional investors, targeting data centers in major German cities. This is the company’s first-ever data center-focused fund. Patrick Brinker, head of real...
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November 24, 2023 Europe
Swedish network vendor Telco OEM Ericsson announced that it has issued its first-ever green bond, a €500 million bond with a maturity of four-and-a-half years issued under Ericsson's Euro Medium Term Note Program (EMTN). Carl Mellander, Ericsson’s CFO said, “The successful placement of this green...
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November 18, 2023 London
Building consultancy Ridge recently acquired London-based Concert, a data center-focused consulting company, to boost its business in that sector. Both companies finalized this acquisition on November 3, but the terms of the transaction were not disclosed. Concert will operate under its current...
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November 17, 2023 Spain
Fibra Medios Telecom announced the launch of a new data center facility in Murcia, Spain, this week. This new facility known as the CPD Titan facility spans across 1,400 square meters and can host up to 120 cabinets across nine data rooms. This new facility also features two fiber entry vaults....
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November 15, 2023 Belgium
Xavier Niel, the founder of French telecoms company Iliad, has acquired a six percent stake in Belgian telco Proximus through his holding company Carraun.The Belgian government has a majority stake of 53.51% in this telco, while the company holds 4.59 percent of its share capital. Niel said, "We...
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November 13, 2023 France
Liberty Latin America (LLA) recently agreed to sell about 1,300 telecom towers to Phoenix Tower International (PTI) for $407 million. Tower sites to be monetized in this transaction include towers in locations across Panama, Jamaica, the Bahamas, Puerto Rico, Barbados, and the British Virgin...
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November 10, 2023 Germany / Deutschland
IT services firm Kyndryl announced this week that it will be helping German cooperative bank Hausbank München to relocate two of its data centers from on-premise facilities to Kyndryl’s own facilities in Frankfurt. Kyndryl will rebuild the dedicated server infrastructure, establish a modernized...
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November 08, 2023 Germany / Deutschland
Power and Air Condition Solution Management GmbH (PASM), a wholly owned subsidiary of Deutsche Telekom, has signed a long-term PPA with energy group EnBW. Following this 15-year agreement, PASM will offtake 100MW from the 960MW He Dreiht offshore wind farm in the North Sea. Construction of the...
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November 07, 2023 United Kingdom
The UK Government has awarded £36 million to a district heating system in West London, which will share data center waste heat with up to 10,000 new homes. The Old Oak and Park Royal Development Corporation (OPDC) will be paid this fund to create the heating system to harness waste heat between...
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November 07, 2023 Germany / Deutschland
Real estate group Goodman has over 3GW of potential data center capacity in its pipeline, according to a Q1 2024 operational update published yesterday. The company notes that this is an opportunity worth tens of billions of dollars as it outlines its ambitions for the data center space. The...
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November 03, 2023 Europe
SK Ecoplant and Lumcloon Energy are planning to create a new age data center in Ireland that will depend on gas-powered fuel cells rather than the regular grid connection. The Irish development company and SK Group’s construction subsidiary signed this agreement this week during a trade mission...
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October 25, 2023 United Kingdom
Specialist alternative asset manager Telecom Group confirmed on Wednesday that it has completed the purchase of London-based wireless network operator Luminet, effectively expanding its footprint across the UK. The Manchester-based Telecom already provides fiber networks to Manchester, Leeds,...
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October 24, 2023 England
Atos has signed an agreement with non-profit sports organization Special Olympics Games for the provision of IT services until 2027. Atos is now in charge of handing and maintaining the organization’s Games Management System, its software, IT security services and innovations; infrastructure...
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October 23, 2023 Europe
Principal Asset Management announced this week that it closed its European data center fund, which is dedicated to acquiring data center assets in Europe, had reached a final close total of €297 million. About 60 percent of the fund is allocated to the core European markets of Germany,...
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October 23, 2023 London
Asset management firm Intermediate Capital Group recently completed a £125 million purchase of offices and data center portfolio in London leased to UK telco Vodafone. The 260,000 square feet portfolio comprises five data centers which was initially acquired from British Land who announced the...
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October 20, 2023 Spain
The Spanish government opened the latest phase of its €1 billion funding project aimed at rolling out 5G Standalone (SA) to rural areas across the country to reduce the digital divide between urban and rural areas, as almost a fifth of the country’s population live in the rural areas. In this new...
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October 19, 2023 Croatia
Croatian ICT solutions provider Cratis revealed that it will launch a new data center this month in Varazdin, north of Zagreb, in partnership with local polyethylene films, bags, and packaging manufacturer Muraplast. This new DC North facility will offer 2.8MW across six data rooms – each 340 sqm...
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October 18, 2023 Sweden
Swedish telco Telia Company has named Patrik Hofbauer as its new president and CEO, bringing the company's search for a CEO since July to an end. The board of directors agreed with the decision to appoint Hofbauer, and he will be leaving his role as CEO of the gambling firm Svenska Spel to begin...
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October 17, 2023 United Kingdom
Redcar & Cleveland Council granted Wilton Data Center an outline consent for a new data center campus at the Wilton International Park, just outside Middlesbrough in North Yorkshire, UK. Wilton intends to construct 150,000 square meter of data center space on a 32-acre plot. The company did...
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