Data Center News

Telkom Indonesia consolidates Singapore data centers

Telkom Indonesia has consolidated its Singapore data centers under one umbrella unit ahead of a potential sale. The company wrote on LinkedIn that this marks a “significant milestone in our journey toward becoming a regional powerhouse in the data center industry,” “The rationale behind this ...

March 05, 2024

Singapore

Segro to develop new data centers after £900 million share issue

Property investor Segro has raised £900 million ($1.1 billion) in a share issue and intends to use this funds to develop its portfolio across the UK and Europe. The London-listed business had initially been hoping to raise £800 million ($1.01bn), but on Tuesday evening its directors said stron...

February 29, 2024

London

Empyrion DC secures S$133 million green loan

Empyrion DC, a Singapore-based data center operator, has secured a green loan worth S$133 million (US$98 million) to refinance its SG1 Dodid data center in Singapore, with proceeds used to “support existing operations” at the 12.5MW facility. This financing was provided by the UOB bank. Mark ...

February 27, 2024

Singapore

Global Switch reveals plans for new data center in London

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 Muldo...

February 26, 2024

Global Switch

Mapfre sells 10MW facility in 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 Eu...

February 23, 2024

Madrid

Singapore-based startup receives $12.5 million in funding for electricity transformers

Singapore-based startup Amperesand, which makes SSTs that could replace standard transformers in electricity distribution, has been given $12.5 million in funding to develop solid-state transformers (SSTs), which could make electricity grids more efficient and flexible. "We are thrilled to par...

February 09, 2024

Singapore

Swiss Life Asset Managers acquires major stake in Telecom Infrastructure Partners

Investment firm Swiss Life Asset Managers this week entered an agreement with London-based InfraBridge, an infrastructure investment management division of DigitalBridge Group, to acquire a co-controlling equity stake in Telecom Infrastructure Partners (TIP). Gianfranco Saladino, head of value...

January 10, 2024

London

Global Switch CEO to retire and be replaced by COO Muldoon

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...

December 28, 2023

Global Switch

Singapore considers making data centers and clouds "critical infrastructure"

Singapore’s government is currently contemplating marking data centers and clouds as "critical infrastructure,” and extending oversight to cloud service providers and data center operators. A decision in this regard is expected to be made by January 15, 2024. Currently, the Cybersecurity Age...

December 22, 2023

Singapore

Seraya Partners reaches goal of $800 million APAC funding

Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, win...

December 14, 2023

Singapore

Ridge purchases UK data center consultancy Concert

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 curre...

November 18, 2023

London

ICG completes £125 million purchase of London DC portfolio

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...

October 23, 2023

London

6Estates launches Nvidia DGX BasePOD for AI offerings

Singaporean large language model provider 6Estates recently launched an Nvidia DGX BasePOD based on Nvidia GCX H100 systems to develop its AI offerings. The company will use this BasePOD for its "Model Solutions" offering, which provides users with personalized large language models. The clust...

October 11, 2023

Singapore

Global Switch seeks buyers for European and Asia Pacific data centers

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 tha...

August 07, 2023

Global Switch

ESR secures Sustainability-Linked Loan (SLL) for Hong Kong data center development

ESR has secured a Sustainability-Linked Loan (SLL) to develop a data center in Hong Kong, it has announced. It has closed the first SLL in Hong Kong, worth HK$1.6 billion (US$205m), which will be used to convert a building in Kwai Chung into the 21.3MW ESR Kwai Chung Data Centre HK1.The compan...

August 03, 2023

Hong Kong

Thames Water considers restricting London data centers' water usage

Thames Water has announced that it is considering restricting data center water-use in London. The measure could reportedly include charging operators more at peak times and adding flow restrictors to pipes.Initially, the private utility undertook an assessment to get insight into how much wat...

July 27, 2023

London

GIC seeks to raise capital for South Korean data center initiative

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 ...

July 24, 2023

Singapore

Equinix, AirTrunk, Microsoft, and GDS are chosen by Singapore for an 80MW data center experiment

As Singapore looks to end a years-long prohibition on new developments, four data center operators have been given 80MW of capacity for new facilities. Since 2019, Singapore has imposed a ban on the construction of new data centers; however, previously authorized facilities were permitted to b...

July 14, 2023

Singapore

Spanish insurer Mapfre looks for buyer of 8MW Madrid data center

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 ...

July 13, 2023

Madrid

Bitdeer expands: Announces new data centers in Norway and Bhutan

In Bitdeer Technologies Group's latest operations update, it shared details about its upcoming expansion. Linghui Kong, Chief Executive Officer of Bitdeer, noted that its 100MW Gedu mining data center in Bhutan, for example, is almost complete and is expected to be delivered in July. Further t...

July 12, 2023

Singapore

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