September 09, 2021 NorthC Datacenters
NorthC has announced that Nokia provided an IP over a fiber network to link its 10 data centers in the Netherlands to offer one virtual facility to all its customers. NorthC is the biggest native colocation provider in the Netherlands, and it would be using Nokia’s Region Connect Ring to support...
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September 07, 2021 Lumen Technologies
Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed to...
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August 25, 2021 Equinix
Equinix filed for permission to build a data center in Profile Park, Clondalkin, Ireland. The Company filed for permission to build a three-story data center in July. It is going to call the facility DB8. The facility will be built within a 2.65 hectare of land. The facility will also have a...
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August 18, 2021 Equinix
The Australian Competition and Consumer Commission (ACCC) recently granted a group of businesses led by Equinix the right to form a renewable energy purchasing group. This formation will allow the group, which includes Nike, H&M, HSBC Bank, and Goldman Sachs, to negotiate access to cheaper...
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August 06, 2021 Lumen Technologies
Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business...
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July 28, 2021 Lumen Technologies
Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team of...
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July 24, 2021 Equinix
The data center industry is a multibillion-dollar industry. According to Gartner, end-user spending on data center infrastructure for 2020 was $188 billion, a 10.3% decrease from 2019’s spending. With these figures, we can reach a consensus that there’s a massive market available for data center...
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July 23, 2021 Equinix
Back in June, Equinix committed to becoming climate-neutral by 2030; however, alongside this pledge, in recent years, it has undergone significant growth. Moreover, its environmental metrics reveal that between 2018-19, the company’s scope 1 and 2 GHG emissions, carbon intensity, and energy...
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July 01, 2021 STACK Gland GEN02
SafeHost, a Swiss colocation provider, has announced that it is expanding its SH2 data center facility in Gland, Switzerland. Webuild Group, through its subsidiary CSC Costruzioni SA, will be responsible for building the additional 18MW of capacity at the SH2 facility. The project will also cost...
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June 17, 2021 Equinix
Equinix has promised that it would reduce its emissions by 50% before 2030. It would also be reducing emissions created by its electricity supply by 50% before 2030. This promise comes few days after Greenpeace criticized the Company for not having trustworthy timelines on the use of renewable...
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June 15, 2021 Equinix
Equinix has announced that it has signed agreements for additional joint ventures with GIC, Singapore's sovereign wealth fund, which will add $3.9 billion to expand its data center program. The agreements come in the form of limited liability partnerships with GIC. The close, which is expected...
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May 19, 2021 STACK INFRASTRUCTURE
Stack Infrastructure has announced that it would be running 100% on renewable energy by the end of 2021. The Company made the promise of running all its current and future data centers with 100% green energy while launching its new social responsibility program. The Chief strategy officer at...
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May 10, 2021 Equinix
Equinix has announced that it would not be renewing the leases for eight of its data centers in the US. The data centers are situated in New York, Georgia, and some in California and Atlanta. Equinix commented that the reason for the development is that some of the facilities don’t meet the...
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May 04, 2021 Equinix
Equinix has announced that it priced $2.6 billion principal amount of notes, including $1.0 billion of green bonds in its third green bond offering. The green bonds will be used to help advance the company's longstanding commitment to sustainability leadership and reducing its environmental...
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March 19, 2021 STACK INFRASTRUCTURE
STACK INFRASTRUCTURE has lined up another large round of financing. The Data Center operator has borrowed $400 million through the sale of securitized notes, the latest in four transactions that have raised $1.8 billion to build more data centers.Last September STACK raised $325 million in...
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October 01, 2020 Equinix
Equinix has completed it's acquisition of 13 Bell Canada's data centers. The acquisition was first announced in June 2020. Bell had operated the facilities under the Q9 brand. It partially acquired Q9 in 2012 for $1.1 billion and in 2016 it acquired the remainder for $675 million. This deal...
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September 01, 2020 STACK INFRASTRUCTURE
Denver-based Stack Infrastructure, a data center company, has closed a $325 million debt offering. Stack also issued securitized notes in February and November of last year. Including the latest round, the company has so far raised a total of $1.4 billion to fuel its growth. Stack's Press Release...
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June 08, 2020 Equinix
REDWOOD CITY, Calif /PRNewswire/ -- Equinix, Inc. ("Equinix") (Nasdaq: EQIX), the global interconnection and data center company, announced the pricing of its underwritten public offering of $2.6 billion aggregate principal amount of senior notes, consisting of $500,000,000 of 1.250% Senior Notes...
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February 17, 2020 NorthC Datacenters
The Datacenter Group (TDCG) and NLDC, who merged in July of 2019, will be rebranded under a new name: NorthC. With ten data centers across the Netherlands, NorthC is the largest regional data center business in the country, serving both large organizations and government institutions as well as...
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January 09, 2020 Equinix
REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of three data centers from Axtel S.A.B. de C.V. (BMV: AXTELCPO) that serve the Mexico City and Monterrey metro areas of Mexico....
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