Data Center News

Equinix announces expansion into the Philippines with three data centers

Equinix this week announced that it will be entering into the Philippines market after purchasing three facilities from Total Information Management, a local technology solutions provider. This deal comprises three carrier-neutral and interconnection-rich data centers with more than 1,000 cabi...

July 23, 2024

Equinix

Google launches air-gapped GDC hardware

Google has launched an air-gapped version of its Google Distributed Cloud (GDC) hardware for AI which will enable enterprises to use cloud infrastructure for AI workloads in challenging environments outside of Google's data centers. Sachin Gupta, Google Cloud's general manager for infrastructu...

July 20, 2024

Google

CyrusOne breaks ground on Frankfurt data center

CyrusOne has broken ground on a data center in Frankfurt, Germany known as FRA7. This data center , is currently being constructed on a 63,000 square meter plot at the Frankfurt Westside regeneration project managed by BEOS AG and Swiss Life Asset Managers and is set to consist of two three-st...

July 20, 2024

CyrusOne

Google signs new digital infrastructure and cloud computing MoU

Google has signed a memorandum of understanding (MoU) with the Government of Romania and the company for ‘projects in digital infrastructure, innovation, and research.’ Local press has also reported that Google is in negotiations to invest $2 billion in developing data centers in the country....

July 18, 2024

Google

CyrusOne secures $687.1m CMBS loan for data center development

CyrusOne this week announced it secured a $687.1 million Single Asset Single Borrower (SASB) CMBS loan for CyrusOne’s DFW1 data center. This data center offers 90MW across 670,000 square feet of technical space and seven data halls and the site was upgraded to water-free chillers in 2020. Er...

July 18, 2024

CyrusOne

CyrusOne secures billion dollar credit facility for data center expansion

Data center firm CyrusOne this week announced the closing of a $7.9 billion Warehouse Credit Facility incremental to the $1.8 billion Revolving Credit Facility financing completed in May, providing the company with approximately $9.7 billion of additional debt capital raised.“The successful cl...

July 09, 2024

CyrusOne

Ericsson to book impairment charge for Vonage acquisition

Ericsson has confirmed that it will record a noncash impairment charge of 11.4 billion Swedish crowns, which reflects lower anticipated market growth in some of Vonage’s current portfolio."We continue to advance our strategy to build a Global Network Platform for network APIs, which was the st...

July 05, 2024

Equinix

Google signs new wind PPAs in Belgium

Google has signed five new Power Purchase Agreements (PPAs) totaling more than 118MW to procure wind energy in Belgium from Engie. Google will procure another 92MW from a Belgian wind farm in operation for eight years.Vincent Verbeke, CEO of Engie Belgium, said: “We are pleased to partner with...

July 03, 2024

Google

Vantage closes $9.2bn equity raise

Vantage Data Centers revealed this week that it had completed a $9.2 billion equity investment led by investment vehicles managed by DigitalBridge and Silver Lake.“It’s exciting to experience such strong investor demand to fuel our unprecedented growth across North America and EMEA,” said Sure...

June 14, 2024

Vantage Data Centers

Google signs new power supply deal with Nevada Energy

Google has signed a new type of power supply deal with Nevada utility company NV Energy. Dubbed a “clean transition tariff," it will see NV Energy procure 115MW of renewable energy from a geothermal power plant run by Fervo Energy.In a joint blog post on the deal, Amanda Peterson Corio, Google...

June 14, 2024

Google

Telehouse launches from three data centers in Toronto, Canada

KDDI-owned Telehouse Canada this week officially launched its first three data centers in downtown Toronto and is now offering services from three carrier-neutral data centers, located at 151 Front Street West, 250 Front Street West, and 905 King Street West."We are the first global leader wit...

June 13, 2024

Telehouse

Equinix announces second data center in Lisbon, Portugal

Equinix this week announced plans for LS2, a new International Business Exchange (IBX) facility to be located adjacent to Equinix's existing LS1 site. This €50 million project due to open in the first quarter of 2025 will offer 2,050 square meters of colocation space.Carlos Paulino, managing...

June 05, 2024

Equinix

Google partners with Purdue University for low-carbon data center construction

Google has partnered with Purdue University, Indiana, on a project exploring the use of AI in designing low-carbon data centers and other industrial buildings. The project will deploy AI to explore new materials, technologies, and design strategies that can potentially reduce the carbon footpr...

June 01, 2024

Google

Google to invest in Malaysian cloud region

Google has revealed its plans to invest $2 billion in developing its first data center and cloud region in Malaysia and has already selected a site for the development, which will be in Sime Darby Property's Elmina Business Park in Greater Kuala Lumpur.Ruth Porat, president, chief investment o...

May 30, 2024

Google

New startup launched by ex-Google staff targets European data centers

A new startup by former Google staff, offering land and power for industrial campuses is now targeting European data centers. “I am very pleased to announce the launch of Sepia Infrastructure,” Sepia CEO Fabien Vieau announced on LinkedIn this week. “Sepia Infrastructure delivers next-generati...

May 30, 2024

Google

Equinix breaks ground in Malaysia with two new data centers

Equinix has now broken ground in Malaysia with two International Business Exchange data centers in Johor (JH1) and Kuala Lumpur (KL1) now serving the company’s customers in Malaysia and across. Jeremy Deutsch, president for Asia-Pacific at Equinix, said: “Malaysia is a cornerstone market and t...

May 28, 2024

Equinix

Digital Realty signs new PPAs in France and Spain

Digital Realty this week announced the signing of several power purchase agreements (PPA) to power its European operations in France and Spain. The company signed a package solar deal comprising three separate 12-year agreements in Spain and two 15-year deals for wind energy in France. Togeth...

May 24, 2024

Digital Realty Trust

Google signs first ever PPAs in Japan

Google has signed its first power purchase agreements (PPAs) in Japan with Clean Energy Connect (CEC), a partner of Itochu Corporation, in a deal which involves constructing a network of around 800 small-scale solar plants totaling 40MW across multiple grid regions in Japan. “This novel, distr...

May 22, 2024

Google

CyrusOne closes $1.175 billion ABS offering

CyrusOne has closed its $1.175 billion Series 2024-2 and 2024-3 funding round, classified as a Secured Green Collateral Bond, and is the largest ABS issuance since 2021. Series 2024-2 is expected to mature in five years, while Series 2024-3 is expected to mature in seven.Eric Schwartz, CEO of ...

May 18, 2024

CyrusOne

Maincubes ties its loan repayments to sustainability targets.

Germany data center firm Maincubes announced this week that it had added sustainability targets to its existing growth financing, linking the achievement of these targets to the financing conditions."The successful addition of the sustainability targets to our financing facility confirms the c...

May 18, 2024

maincubes one GmbH

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