December 23, 2024 Madrid
European solar power producer Edisun Power plans to direct power from its 941MW Fuencarral solar power plant in Madrid to data centers in the region.The company noted that the additional electricity demand from artificial intelligence and the increasingly stringent European regulations for the...
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February 26, 2024 Global Switch
Global Switch has announced its plans for a new data center in London to be located adjacent to Global Switch’s existing data centers in east London’s Docklands. The company noted that the five-story facility, known as London South, will offer 40MW across 27,000 square meter. CEO Ashley Muldoon...
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February 23, 2024 Madrid
Spanish insurance firm Mapfre has sold its data center in Madrid. The company received advise on the sale-leaseback deal of its 10MW facility in Alcalá de Henares from CBRE’s Spanish unit. Paul Mortlock, senior director and head of European data center capital markets at CBRE, said, "CBRE's...
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December 28, 2023 Global Switch
Global Switch CEO John Corcoran is retiring and the company has announced that he will be stepping down from his duties on December 31, 2023. Global Switch's current chief operating officer Ashley Muldoon is to be appointed CEO, and will join the board. Shareholder approval for his appointment is...
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August 07, 2023 Global Switch
In an effort to raise $6 billion, Global Switch is contemplating selling its operations in Europe and Asia Pacific separately. According to anonymous sources cited by Bloomberg, the London-based company may offer its Europe and Asia Pacific units to separate purchasers with the expectation that...
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July 13, 2023 Madrid
In anticipation of a potential sale-leaseback transaction, Spanish insurance company Mapfre is listing its data center for sale. According to Cinco Dias, the company has hired CBRE to find a buyer for the Tales de Mileto building in the Alcalá de Henares neighborhood of Madrid. Mapfre launched...
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March 14, 2023 Madrid
Thor Equities has announced it has launched its own data center development company, named Form8tion data centers, which is reportedly now marketing Thor’s maiden project in Madrid, Spain, named ‘Madrid One’ campus. This facility will offer up to 100MW of capacity spanning 60,000 sqm (645,850 sq...
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January 20, 2023 Global Switch
At a Tower Hamlets Council meeting, the Strategic Development Committee in London has granted Global Switch permission to develop a new data center. Located on a car park adjacent to its existing London East and London North buildings at East India Dock House, 240 East India Dock Road, the...
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November 23, 2022 Global Switch
According to Bloomberg, PAG, KKR, and EQT have been selected as the final bidders for Global Switch. Per Bloomberg, the companies are mulling over the best financing structures to seek the acquisition of the London-based firm. However, the publication noted that the initial bids didn’t meet...
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November 02, 2022 Madrid
Thor Equities has announced the acquisition of a former Coca-Cola bottling plant in Madrid, Spain. The site is planned for a data center campus development. Swiss real estate investment company Stoneweg completed the sale on behalf of the Icona Capital Group to Thor. None of the companies...
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August 01, 2022 Global Switch
The number of companies looking to acquire Global Switch is increasing by the day as PAG has joined the long list of potential suitors. Global Switch is a London-based data center company founded in 1998 with 13 facilities across Asia, Europe, and Australia. Jiangsu Shagang, a Chinese steel...
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July 25, 2022 Madrid
According to Cinco Dias, Spanish data center developer Xdata is looking to offload a stake in its company to help fund its 100MW Madrid data center campus development. The company has reportedly contacted CBRE and Morgan Stanley to seek an investor. Stoneshield established XData Properties in...
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July 18, 2022 Madrid
Web hosting service, SiteGround, has announced that it has opened a new data center in Madrid, Spain, the seventh SiteGround data center to open around the world and the fourth in Europe. In addition to the new facility, the company also announced the expansion of its content delivery network in...
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June 02, 2022 Global Switch
According to reports, NextDC is looking to acquire Global Switch’s Asia-Pacific arm. The Australian data center firm has contacted Macquarie Capital to find a financial partner for the purchase. Global Switch has been looking to sell its business for more than a year. Besides, it was in...
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May 18, 2022 Global Switch
According to Bloomberg, the owners of Global Switch are preparing to sell off the data center firm. The report shows that Global Switch Holdings Ltd. Is prepared to sell off the company to other firms due to multiple interests from investment funds and other companies in the data center industry....
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April 22, 2022 Madrid
Thor Equities has announced its plans to move into data centers. The US real estate group, is also looking to develop its first data center in Madrid, Spain. Thor Equities will be doing this by launching a new data center division called Thor Digital. The new unit will be headed by Roy Gibbens,...
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January 26, 2022 Madrid
Great news for Spain as plans for a 360MW data center campus in Madrid, Spain, is underway. The data center will be developed on a 700-hectare site, and investment is expected to reach up to €5 billion ($5.67bn). The Digital Valley project is to be a ‘reference model’ for sustainability in data...
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November 24, 2021 Global Switch
Several data center and investment firms are mulling over the acquisition of data center firm Global Switch Holdings. According to Bloomberg, KKR and Blackstone Inc. are the likely forerunners of acquiring Global Switch. Equinix, Digital Realty, and DigitalBridge have also shown interest in...
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May 14, 2021 Madrid
Rolls-Royce has announced that it has installed and commissioned eight mtu emergency gensets with 9.2MWe power output at a major bank in Madrid. The installation was made to secure power supply in case of a public power grid failure in the region. Rolls-Royce will ensure power supply is secured...
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July 28, 2020 Global Switch
July 28, 2020 – PCCW Global today announced that its Console Connect Software-Defined Interconnection® (SDI®) platform is now available in many more data centres via an extended collaboration with Global Switch, a leading owner, operator and developer of large-scale carrier and cloud neutral data...
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