Iron Mountain Data Center News

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

Abdul-Rahman Oladimeji

Singapore

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

Abdul-Rahman Oladimeji

Singapore

Lightmatter officially becomes a unicorn

Photonic computing company Lightmatter has now been crowned a Unicorn, raising $155 million at a $1.2 billion valuation. This funding is part of the series C investment round, which helped the company raise $154 million in May, successfully tripling the company’s value at the time. Overall, Li...

December 19, 2023

Abdul-Rahman Oladimeji

Boston

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

Abdul-Rahman Oladimeji

Singapore

Iron Mountain to convert records management facility in Miami to a data center

Iron Mountain is to convert one of its former records management facilities in Miami, Florida, into a data center that will offer 16MW. Iron Mountain CEO William L. Meaney said during the company's Q3 2023 earnings call last week, “Miami is a key market where a number of our customers are loo...

November 06, 2023

Abdul-Rahman Oladimeji

Iron Mountain

Web Werks & Iron Mountain acquire 4 acres in Chennai for DC construction

Web Werks and Iron Mountain recently purchased a four-acre parcel of land in the Ambattur area of Chennai, India for the construction of two data center campuses. These parcel will support two buildings called CHE-1 and CHE-2 which will be built to Tier III standards and will support a total ...

October 17, 2023

Abdul-Rahman Oladimeji

Web Werks

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

Abdul-Rahman Oladimeji

Singapore

Data center design standards approved by Leesburg Town Council in Loudoun

Leesburg's Loudoun County Council unanimously approved data center design criteria. Unlike Ashburn, Virginia's Leesburg has no data centers; however, this may change. Three rezoning petitions may allow data center development in town. One is in the Oaklawn neighborhood, one close to the former...

August 16, 2023

Abdul-Rahman Oladimeji

Northern Virginia

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

Abdul-Rahman Oladimeji

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

Abdul-Rahman Oladimeji

AirTrunk

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

Abdul-Rahman Oladimeji

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

Iron Mountain signs 24/7 PPA for hydropower in US

Iron Mountain has signed a 24/7 PPA agreement with Rye Development, a US hydropower developer, for 150 ME of power over the next ten years from a number of the developer's low-impact hydroelectric projects. Rye Development seeks to integrate power generation capabilities into existing dams wi...

July 04, 2023

Iron Mountain

Prince William County locals want a data center developer to buy property outside Gainesville

Residents of Prince William County, Virginia, are attempting to sell their land to an unidentified data center developer. According to InsideNoVa, residents of Sanders Lane near Gainesville are attempting to sell their land to a data center developer. The residents appear to be attempting to r...

June 28, 2023

Abdul-Rahman Oladimeji

Northern Virginia

Phoenix Data center with 6 MW up for sale

A 6MW data facility is up for lease or purchase in Phoenix, Arizona. Located in the desirable Deer Valley neighborhood, CBRE has listed 20435 North 26th Avenue for sale or lease. There was no listed pricing. The 6MW facility was completed in 2003 and sits on 3.66 acres of land, with a raised f...

June 27, 2023

Abdul-Rahman Oladimeji

Phoenix

Singapore's IMDA establishes tropical data facility sustainability benchmark

Singapore has introduced a standard for maximizing the energy efficacy of data centers (DCs) in tropical regions. The Infocomm Media Development Authority (IMDA) standard recommends operating centers at higher temperatures to save energy on cooling. Dr. Janil Puthucheary, Singapore's Senior Mi...

June 09, 2023

Abdul-Rahman Oladimeji

Singapore

Iron Mountain and Web Werks invest $170m in Navi Mumbai data facility

Web Werks and Iron Mountain plan to invest 170 million dollars in a data facility in Navi Mumbai, India. The envisioned facility, Mumbai-3, will have a 32MW capacity and be constructed to Tier III specifications. The JV already owns a five-acre parcel to develop the data center, which is antic...

June 09, 2023

Abdul-Rahman Oladimeji

Iron Mountain

Pittsburgh Data Center up for Sale or Lease

A data center for sale or lease is available in Pittsburgh, Pennsylvania. Colliers and Five 9s Digital are offering the McKees Rock facility located at 615 McMichael Road. The site is listed for lease in Colliers' materials, but Five 9s claims it can be purchased or leased. The circa 1980-cons...

June 01, 2023

Abdul-Rahman Oladimeji

Pittsburgh

Virginia's Culpeper County Receive Permit Requests For Zoning of Two 4.46M Sq Ft Data Center Campuses

The Virginian county of Culpeper may soon see the construction of more than four million square feet of data centers. The Culpeper Town and County Councils have received rezoning requests that would enable the construction of approximately 17 buildings on two campuses on the town's border alon...

May 25, 2023

Abdul-Rahman Oladimeji

Northern Virginia

CLAR Intends to Acquire The Seagate Singapore R&D Facility And Data Center

CapitaLand Ascendas REIT (CLAR) is seeking to acquire Seagate Singapore's research and development facility, which includes a data center, for $163.14 million. The facility, known as 'The Shugart' and located in the one-north district of Singapore, was constructed only eight years ago and was ...

May 19, 2023

Abdul-Rahman Oladimeji

Singapore

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