Data Center News

Read Iron Mountain to buy Keppel's 10MW Frankfurt data center for €76m ($90 million)
Iron Mountain to buy Keppel's 10MW Frankfurt data center for €76m ($90 million)

Iron Mountain to buy Keppel's 10MW Frankfurt data center for €76m ($90 million)

July 08, 2021 Iron Mountain Frankfurt FRA-2

Iron Mountain has announced it will buy Keppel’s 10MW Frankfurt data center for €76m ($90 million). The Keppel DC FRA1 facility was initially announced in 2016 and opened in 2018. Keppel also paid €76m in 2016 to acquire the facility. Keppel DC FRA1 is a two-story building with 20,000 square...

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Read OVHcloud to go public by end of 2021
OVHcloud to go public by end of 2021

OVHcloud to go public by end of 2021

June 16, 2021 OVH Group

OVHcloud has officially confirmed that it would be going public on the Euronext stock exchange. Although OVHcloud hasn’t confirmed the date, but it will happen before the year runs out. Also, it did not say how much it expects to raise through the IPO, but it said the founder’s family, Octave...

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Read STACK to run on 100 percent renewable energy by end of 2021
STACK to run on 100 percent renewable energy by end of 2021

STACK to run on 100 percent renewable energy by end of 2021

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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Read Frankfurt to restrict and regulate data centers
Baxtel

Frankfurt to restrict and regulate data centers

May 14, 2021 Frankfurt

Frankfurt has proposed a development plan to regulate data centers in the area. The plan, it says, will prevent the “uncontrolled growth” of data centers. The city is the hub of the data center industry in Germany, and one of the four largest hubs in Europe, taking up 64 hectares (640,000 sqm) of...

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Read STACK INFRASTRUCTURE Raises $400 million in Another Round of Structured Debt Financing
STACK INFRASTRUCTURE Raises $400 million in Another Round of Structured Debt Financing

STACK INFRASTRUCTURE Raises $400 million in Another Round of Structured Debt Financing

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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Read Colt Pre-Leases all of its Frankfurt West Facility 16 months Before Construction is Complete
Colt Pre-Leases all of its Frankfurt West Facility 16 months Before Construction is Complete

Colt Pre-Leases all of its Frankfurt West Facility 16 months Before Construction is Complete

September 09, 2020 Colt Frankfurt West

Colt Colt Data Centre Services has announced that its data centre in West Frankfurt has secured customer commitments for all of the space and power in the facility. The facility is due to be completed in late Q4 2021 and will have a capacity of 25.2 megawatts. This underscores the demand in the...

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Read STACK closes an additional $325 Million in Debt Financing
STACK closes an additional $325 Million in Debt Financing

STACK closes an additional $325 Million in Debt Financing

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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Read Iron Mountain Announces 27 Megawatt Pre-Lease in Frankfurt with Fortune 100 Customer
Iron Mountain Announces 27 Megawatt Pre-Lease in Frankfurt with Fortune 100 Customer

Iron Mountain Announces 27 Megawatt Pre-Lease in Frankfurt with Fortune 100 Customer

July 13, 2020 Iron Mountain Frankfurt FRA-1

-- New FRA-1 Data Center 100% Pre-Leased -- BOSTON, June 8, 2020 /PRNewswire/ -- Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, today announced that it has signed a 27 megawatt data center lease with a U.S.-based Fortune 100 customer in Frankfurt,...

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Read STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth
STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

November 22, 2019 STACK INFRASTRUCTURE

Long-Term, Low-Cost, Investment-Grade Facility Provides Additional Capital to Drive Market and Client Expansion DENVER, CO – NOVEMBER 22, 2019 – STACK INFRASTRUCTURE (“STACK” or the “Company”), the data center company built from the ground up to address the technology infrastructure needs of...

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Read Colt announces a new data centre "Frankfurt West" to be completed by Q4 2020
Colt announces a new data centre "Frankfurt West" to be completed by Q4 2020

Colt announces a new data centre "Frankfurt West" to be completed by Q4 2020

June 12, 2019 Colt Frankfurt West

First phase of delivery expected to complete in H4 2020 Colt Data Centre Services (DCS) today announced the expansion of its presence in Germany with its new Frankfurt West data centre. The strategic decision to expand comes alongside demand in the region from cloud service providers, but also...

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Read STACK INFRASTRUCTURE announces the Combination of Data Center Assets to create a new company
STACK INFRASTRUCTURE announces the Combination of Data Center Assets to create a new company

STACK INFRASTRUCTURE announces the Combination of Data Center Assets to create a new company

January 15, 2019 STACK INFRASTRUCTURE

DENVER, CO – STACK INFRASTRUCTURE (“STACK” or the “Company”), the data center company built from the ground up to address the technology infrastructure needs of rapidly scaling enterprises and hyperscale companies, today announced the launch of its newly established platform and strategy....

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Read Infomart Data Centers Appoints Brian Cox as Chief Executive Officer
Infomart Data Centers, a leading provider of wholesale data center solutions focused on the unique requirements of hyperscale and enterprise customers, today announced the appointment of distinguis...

Infomart Data Centers Appoints Brian Cox as Chief Executive Officer

November 03, 2018 STACK INFRASTRUCTURE

Infomart Data Centers, a leading provider of wholesale data center solutions focused on the unique requirements of hyperscale and enterprise customers, today announced the appointment of distinguished data center executive Brian Cox as Chief Executive Officer and member of the board of directors....

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Read Global Switch Expands European Footprint With Frankfurt Construction
Global Switch’s move further adds to the data centre ‘hotspot’ reputation of Frankfurt, and with the arrival of a new Chinese customer to Europe as part of the development currently going up, Globa...

Global Switch Expands European Footprint With Frankfurt Construction

July 13, 2018 Global Switch: Frankfurt South

Global Switch’s move further adds to the data centre ‘hotspot’ reputation of Frankfurt, and with the arrival of a new Chinese customer to Europe as part of the development currently going up, Global Switch says it’s keen to add to its sites to support further demand. Construction has started on...

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Read Infomart hires Phil Koen as Interim CEO
Infomart Data Centers, a national wholesale carrier-neutral data center provider, announced today that its board of directors has appointed Phil Koen as a new member. Mr. Koen will also serve as th...

Infomart hires Phil Koen as Interim CEO

July 05, 2018 STACK INFRASTRUCTURE

Infomart Data Centers, a national wholesale carrier-neutral data center provider, announced today that its board of directors has appointed Phil Koen as a new member. Mr. Koen will also serve as the company’s Interim Chief Executive Officer, succeeding Infomart’s founder and former President,...

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Read e-shelter Announces It Will Open Another Data Center Campus in Frankfurt in Early 2019 (PR)
e-shelter Announces It Will Open Another Data Center Campus in Frankfurt in Early 2019 (PR)

e-shelter Announces It Will Open Another Data Center Campus in Frankfurt in Early 2019 (PR)

March 21, 2018 NTT Frankfurt 4

FRANKFURT, Germany & TOKYO--(BUSINESS WIRE)--e-shelter, a leading data center provider in Europe and an NTT Communications Group Company, has today announced the acquisition of new development site in Frankfurt, which will be its 4th location in the city. The expansion comes on the back of...

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