Data Center News

Read CyrusOne secures $687.1m CMBS loan for data center development
CyrusOne secures $687.1m CMBS loan for data center development

CyrusOne secures $687.1m CMBS loan for data center development

July 18, 2024 CyrusOne

CyrusOne this week announced it secured a $687.1 million Single Asset Single Borrower (SASB) CMBS loan for CyrusOne’s DFW1 data center. This data center offers 90MW across 670,000 square feet of technical space and seven data halls and the site was upgraded to water-free chillers in 2020. Eric...

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Read CyrusOne secures billion dollar credit facility for data center expansion
CyrusOne secures billion dollar credit facility for data center expansion

CyrusOne secures billion dollar credit facility for data center expansion

July 09, 2024 CyrusOne

Data center firm CyrusOne this week announced the closing of a $7.9 billion Warehouse Credit Facility incremental to the $1.8 billion Revolving Credit Facility financing completed in May, providing the company with approximately $9.7 billion of additional debt capital raised.“The successful...

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Read Soluna secures $30 million in funding for data center expansion
Soluna secures  $30 million in funding for data center expansion

Soluna secures $30 million in funding for data center expansion

May 24, 2024 Soluna

Data center operator Soluna has secured $30 million in funding from Spring Lane Capital to expand its data center in Texas. Soluna said the financing will accommodate approximately 12,700 Bitcoin mining rigs, each with a power consumption of around 3.5kW, totaling 48MW. Soluna has an existing...

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Read CyrusOne closes $1.175 billion ABS offering
CyrusOne closes $1.175 billion  ABS offering

CyrusOne closes $1.175 billion ABS offering

May 18, 2024 CyrusOne

CyrusOne has closed its $1.175 billion Series 2024-2 and 2024-3 funding round, classified as a Secured Green Collateral Bond, and is the largest ABS issuance since 2021. Series 2024-2 is expected to mature in five years, while Series 2024-3 is expected to mature in seven. Eric Schwartz, CEO of...

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Read CyrusOne launches fifth data center in Frankfurt
CyrusOne launches fifth data center in Frankfurt

CyrusOne launches fifth data center in Frankfurt

December 01, 2023 CyrusOne

CyrusOne has just launched its fifth data center in Frankfurt, FRA5 located in Hanau, 25km east of Frankfurt's city center. This new campus, spanning 18,000 square meters across two buildings will offer 54MW of IT capacity. The launch ceremony hosted by Carsten Schneider was attended by Lord...

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Read CyrusOne completes its first data center in Spain
CyrusOne completes its first data center in Spain

CyrusOne completes its first data center in Spain

November 16, 2023 CyrusOne

Colocation company CyrusOne recently completed the shell and core of its first data center in Spain and threw a traditional flag-flying ceremony to celebrate it. The MAD1 facility, situated on a five-acre site, is a two-story facility with an IT capacity of 18MW across 6,000 square meters. This...

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Read CyrusOne files to invest $15m in new San Antonio data center
CyrusOne files to invest $15m in new San Antonio data center

CyrusOne files to invest $15m in new San Antonio data center

November 15, 2023 CyrusOne

Colocation company CyrusOne has filed with the Texas Department of Licensing and Regulation to build a new data center for the 'CyrusOne SAT 8 & 9' project in San Antonio, Texas. The application notes that the company intends to invest $15 million in building a two-story data center and...

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Read CyrusOne proposes seventh data center in Frankfurt
CyrusOne proposes seventh data center in Frankfurt

CyrusOne proposes seventh data center in Frankfurt

September 08, 2023 CyrusOne

CyrusOne is required to construct a new data center in Frankfurt, Germany. Last week, the company unveiled plans for its seventh data center facility in Frankfurt, designated FRA7 and situated on a 678,125-square-foot plot in the Frankfurt Westside business park. The development will include two...

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Read CyrusOne launches new AI-specific built-to-suit data center design
CyrusOne launches new AI-specific built-to-suit data center design

CyrusOne launches new AI-specific built-to-suit data center design

August 30, 2023 CyrusOne

CyrusOne has announced the launch of an AI-specific built-to-suit data center design, which it says has been developed specifically to address the “rapidly growing needs of AI applications and services.”The company notes that the Intelliscale data center is built on an ultra-high-density...

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Read CyrusOne requests approval for a Dublin data center
CyrusOne requests approval for a Dublin data center

CyrusOne requests approval for a Dublin data center

August 23, 2023 CyrusOne

CyrusOne has applied to the South Dublin County Council for permission to construct a new data center in the Grange Castle Business Park in the Irish capital. The application, submitted on July 14, calls for the demolition of a one-story home called "Erganagh" and the erection of a three-story...

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Read CyrusOne announces plans for new Frankfurt data center
CyrusOne announces plans for new Frankfurt data center

CyrusOne announces plans for new Frankfurt data center

July 07, 2023 CyrusOne

CyrusOne has announced its plans to build its next data center in Frankfurt, Germany. Named FRA6, the facility is located in Germany’s “Digital City” and will offer a total IT capacity of 72 MW delivered over four floors, with each level offering 18 MW. The company shared that the acquired...

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Read French court reverses injunction against CyrusOne's Paris data center construction
French court reverses injunction against CyrusOne's Paris data center construction

French court reverses injunction against CyrusOne's Paris data center construction

July 04, 2023 CyrusOne

To obtain planning approvals for a data center in Paris, France, CyrusOne had to fight a legal battle. The Versailles Administrative Court overturned the local mayor's orders to prevent the issuance of two building permits. The company intends to convert a former logistics facility in the...

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Read The colocation and hosting business of Ntirety acquired by Data Canopy
The colocation and hosting business of Ntirety acquired by Data Canopy

The colocation and hosting business of Ntirety acquired by Data Canopy

July 03, 2023 DataCanopy

The just-bought colocation company Data Canopy took over the colocation data center hosting division of IT security provider Ntirety. The deal's terms were not disclosed. Data Canopy, founded in 2007, provides colocation, connectivity, and cloud services from numerous data centers worldwide. It...

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Read Lafayette Square funds DartPoints' Venyu acquisition
Lafayette Square funds DartPoints' Venyu acquisition

Lafayette Square funds DartPoints' Venyu acquisition

June 22, 2023 DartPoints

DartPoints's May 2023 acquisition of Venyu was partly funded by Lafayette Square, a financial associate of data center provider DartPoints. Last month, DartPoints purchased the Louisiana-based operator, incorporating three data centers into its fleet and bringing the total number of data centers...

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Read PowerHouse Data Centers signs lease agreement with CyrusOne for ABX-1 Data Center Powered Shell
PowerHouse Data Centers signs lease agreement with CyrusOne for ABX-1 Data Center Powered Shell

PowerHouse Data Centers signs lease agreement with CyrusOne for ABX-1 Data Center Powered Shell

May 23, 2023 CyrusOne

Earlier this month, PowerHouse Data Centers announced a 30-year lease agreement with CyrusOne, for a spec-built data center, ABX-1, located in Ashburn, Virginia. The company shared that substantial completion of the data center, a two-story, 265,000 SF powered shell, is scheduled for October....

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Read CyrusOne announces new Japan data center venture with Kansai Electric Power Company
CyrusOne announces new Japan data center venture with Kansai Electric Power Company

CyrusOne announces new Japan data center venture with Kansai Electric Power Company

May 23, 2023 CyrusOne

CyrusOne has announced its partnership with Japanese energy firm Kansai Electric Power Company, Inc. (KEPCO) for the development of new data centers across Japan. The 50:50 joint venture, called CyrusOne KEP, will see at least one trillion yen ($7 billion) invested in the project over the next...

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Read DartPoints Buys Venyu, Incorporating Three Louisiana Data Centers
DartPoints Buys Venyu, Incorporating Three Louisiana Data Centers

DartPoints Buys Venyu, Incorporating Three Louisiana Data Centers

May 04, 2023 DartPoints

DartPoints, a frontrunner in the edge market colocation, cloud, and security service space, has acquired Venyu, the leading data center infrastructure and cloud services provider in Louisiana. DartPoints now operates 11 data centers totaling over 325,000 sq ft of space and 20 MW throughout the...

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Read CyrusOne Data Centers is Getting Ready to Issue CMBS Worth $701 million
CyrusOne Data Centers is Getting Ready to Issue CMBS Worth $701 million

CyrusOne Data Centers is Getting Ready to Issue CMBS Worth $701 million

April 20, 2023 CyrusOne

Asset-backed securities totaling $701 million will be backed by real estate and tenant contracts for space and electrical capacity in five finished and operational data centers in Texas and Virginia. According to a pre-sale assessment from S&P Global Ratings, the CyrusOne Data Centers, 2023-1...

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Read SBI Crypto sues Riot-owned data center
SBI Crypto sues Riot-owned data center

SBI Crypto sues Riot-owned data center

April 12, 2023 Riot Platforms

SBI Crypto Co. is reportedly pursuing litigation against the Riot Blockchain-owned-Whinstone US data center based in Rockdale, Texas. The bitcoin mining company outlined in its lawsuit, filed April 6th, that the data center breached its Hosting Service Agreement, alongside other charges including...

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Read Kentucky GE Data Facility For Sale or Lease
Kentucky GE Data Facility For Sale or Lease

Kentucky GE Data Facility For Sale or Lease

February 20, 2023 Kentucky

GE Appliances is offering its data center in Louisville, Kentucky, for purchase or lease. General Electric has hired JLL, according to a report this week, to market the data center at 4000 Buechel Bank Road in the 1,000-acre GE Appliance Park in Jefferson District for sale or lease. The GE Data...

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