Data Center News

Read Vodafone inks another PPA in the UK
Vodafone inks another PPA in the UK

Vodafone inks another PPA in the UK

February 28, 2023 Vodafone

Vodafone has announced the signing of a new PPA with Centrica and Mytilineos for solar power in the UK. The 10-year deal signed by the companies will see the telco procure energy from five solar farms in Norfolk, Nottinghamshire, Staffordshire, Buckinghamshire, and Dorset. In total, the energy...

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Read Vodafone Sells Part of its Stake in Vantage Towers Unit to GIP and KKR
Vodafone Sells Part of its Stake in Vantage Towers Unit to GIP and KKR

Vodafone Sells Part of its Stake in Vantage Towers Unit to GIP and KKR

November 11, 2022 Vodafone

Vodafone has announced the sale of some of its stake in Vantage Towers to Global Infrastructure Partners (GIP) and KKR while also creating a new joint venture with them. Per the deal, the tower unit is worth €16.1 billion ($16.1bn). The sale also sees Vodafone receive €3.2 billion ($3.2bn)...

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Read Vodafone NZ Sells Towers For $1 Billion
Vodafone NZ Sells Towers For $1 Billion

Vodafone NZ Sells Towers For $1 Billion

November 07, 2022 Vodafone

Vodafone NZ has sold off its tower infrastructure business. The deal is reportedly worth NZ $1.7bn ($1bn). One of the owners of Vodafone NZ- Infratil said the conditions for the transaction has been met and the sale was completed in the first week of November. Co-investors in Vodafone NZ-...

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Read KKR The Favorite To Acquire Vodafone's Tower Unit
KKR The Favorite To Acquire Vodafone's Tower Unit

KKR The Favorite To Acquire Vodafone's Tower Unit

November 04, 2022 Vodafone

According to Bloomberg, Investment company KKR is the frontrunner in the race to acquire Vodafone’s tower arm unit, Vantage Towers. The unit is worth a stunning $14 billion. KKR is competing with Cellnex Telecom for the acquisition. Vodafone is trying to sell off its 82% stake in the business to...

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Read Verne and Volta announce they're team up
Verne and Volta announce they're team up

Verne and Volta announce they're team up

September 23, 2022 Verne: Keflavik Campus

Verne Global and Volta Data Centres have announced that they have teamed up and will now be operating under the Verne Global brand, spanning from Iceland to the UK. Speaking about the decision to merge, Dominic Ward, CEO of Verne Global, said: “With two complementary, best-in-class data centers,...

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Read Borealis Data Center Buys Data Center For Undisclosed Fee in Reykjavík, Iceland
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Borealis Data Center Buys Data Center For Undisclosed Fee in Reykjavík, Iceland

September 23, 2022 Iceland

Icelandic data center company Borealis Data Center has completed the acquisition of a data center just outside Reykjavik, Iceland. According to Visir, the company purchased the facility from Islandsbanki. However, the terms of the acquisition weren’t revealed. Borealis currently operates two...

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Read Verne Global partners with Icelandic New Energy and Landsvirkjun to trial hydrogen fuel cells
Verne Global partners with Icelandic New Energy and Landsvirkjun to trial hydrogen fuel cells

Verne Global partners with Icelandic New Energy and Landsvirkjun to trial hydrogen fuel cells

June 01, 2022 Verne: Keflavik Campus

Verne Global is partnering up with Iceland's national power company Landsvirkjun to trial and deploy hydrogen fuel cells to its data center campus in Iceland. As data center companies push to make their operations greener, many have transitioned to renewables to fuel their facilities, however,...

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Read Verne Global to expand its Iceland data center
Verne Global to expand its Iceland data center

Verne Global to expand its Iceland data center

January 12, 2022 Verne: Keflavik Campus

Verne Global has announced that it will be expanding its campus in Iceland. According to the company, this expansion will take place over the next year with a $93 million additional investment from Digital 9 Infrastructure (D9), following its acquisition of Verne Global in September 2021. The...

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Read Verne Global to expand data center campus 10MW
Verne Global to expand data center campus 10MW

Verne Global to expand data center campus 10MW

November 16, 2021 Verne: Keflavik Campus

Verne Global, a provider of sustainable data center solutions, has announced that it is expanding its 40-acre data center campus by 10MW of capacity. This will be funded by $50m from Digital 9 Infrastructure plc (D9), the investment trust which recently acquired Verne. In an effort to “optimize...

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Read Digital 9 acquires Verne Global as it strives for sustainability
Digital 9 acquires Verne Global as it strives for sustainability

Digital 9 acquires Verne Global as it strives for sustainability

September 06, 2021 Verne: Keflavik Campus

Verne Global, which operates a 100% renewable powered data center campus in Iceland, has been acquired by Digital 9, following an investment of £231m (€271m). The purchase of the 40-acre, 24MW campus, is a first for Digital 9, being the only deal to involve a data center operator to date....

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Read Vodafone Idea wants to sell fixed-line broadband subsidiary and land meant for data centers
Vodafone Idea wants to sell fixed-line broadband subsidiary and land meant for data centers

Vodafone Idea wants to sell fixed-line broadband subsidiary and land meant for data centers

July 05, 2021 Vodafone

Vodafone Idea, an Indian telecom operator, wants to sell its optic fiber unit, fixed-line broadband subsidiary, and data center business to settle its debts. According to the Company’s latest financial books, Vodafone Idea has a gross debt of Rs 1,803.1 billion ($2.4 billion). It is looking to...

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Read atNorth expands its Mjölnir data center
atNorth expands its Mjölnir data center

atNorth expands its Mjölnir data center

May 05, 2021 atNorth ICE02: Reykjanesbær

atNorth has announced it is expanding its Mjölnir ICE02 data center in Keflavík, Iceland. The facility currently stands at 13,750 sqm (148,000 sqft), with 80MW of power. The company plans to expand the data center by 10%. This will mean an additional 1,250 sqm (13,400 sq ft) of space, and 4MW of...

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Read Verne Global Secures $27M in Funding to Expand Icelandic Data Center Campus
Verne Global Secures $27M in Funding to Expand Icelandic Data Center Campus

Verne Global Secures $27M in Funding to Expand Icelandic Data Center Campus

June 03, 2020 Verne: Keflavik Campus

London, UK, – Verne Global, a provider of advanced data center solutions for high performance computing (HPC), today announced a new round of funding of $27M to expand its Icelandic data center campus. All current investors – the Wellcome Trust, Novator Partners, Stefnir and General Catalyst –...

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