Data Center News

Equinix surpasses $1bn EBITDA for Q2

Equinix has surpassed a $1 billion EBITDA in Q2 2024 for the first time, reaching $1.036bn. The company Equinix has surpassed a $1 billion EBITDA in Q2 2024 for the first time, reaching $1.036bn. Furthermore, the quarter's results saw operating income up 20 percent compared to the previous qua...

August 09, 2024

Equinix

Equinix announces expansion into the Philippines with three data centers

Equinix this week announced that it will be entering into the Philippines market after purchasing three facilities from Total Information Management, a local technology solutions provider. This deal comprises three carrier-neutral and interconnection-rich data centers with more than 1,000 cabi...

July 23, 2024

Equinix

Ericsson to book impairment charge for Vonage acquisition

Ericsson has confirmed that it will record a noncash impairment charge of 11.4 billion Swedish crowns, which reflects lower anticipated market growth in some of Vonage’s current portfolio."We continue to advance our strategy to build a Global Network Platform for network APIs, which was the st...

July 05, 2024

Equinix

Africa Data Centres secures $109 million in financing

Cassava Technologies group ADC has secured a bespoke financing solution worth ZAR2 billion ($109m) arranged by the South African banking group RMB. The funding will allow the company to expand its data center capacity and meet the growing demand for cloud computing in South Africa – expanding ...

June 17, 2024

Africa Data Centres

Equinix announces second data center in Lisbon, Portugal

Equinix this week announced plans for LS2, a new International Business Exchange (IBX) facility to be located adjacent to Equinix's existing LS1 site. This €50 million project due to open in the first quarter of 2025 will offer 2,050 square meters of colocation space.Carlos Paulino, managing...

June 05, 2024

Equinix

Equinix breaks ground in Malaysia with two new data centers

Equinix has now broken ground in Malaysia with two International Business Exchange data centers in Johor (JH1) and Kuala Lumpur (KL1) now serving the company’s customers in Malaysia and across. Jeremy Deutsch, president for Asia-Pacific at Equinix, said: “Malaysia is a cornerstone market and t...

May 28, 2024

Equinix

Digital Realty signs new PPAs in France and Spain

Digital Realty this week announced the signing of several power purchase agreements (PPA) to power its European operations in France and Spain. The company signed a package solar deal comprising three separate 12-year agreements in Spain and two 15-year deals for wind energy in France. Togeth...

May 24, 2024

Digital Realty Trust

Digital Realty launches new cooling colocation offering

Digital Realty this week announced the launch of a direct liquid cooling (DLC) offering, available in 170 Digital Realty data centers globally. The company noted that the offering includes a range of mechanical solutions, such as rear door heat exchangers (RDHx) and DLC, offering power densiti...

May 17, 2024

Digital Realty Trust

Digital Realty launches new data center in Japan

Digital Realty has broken ground on a new data center outside Tokyo, Japan, marking its third data center at the NRT campus in Inzai, Chiba prefecture. This new 31MW facility, known as NRT14, will be configurable to support private AI deployments at densities up to 70kW per rack via air-assist...

May 10, 2024

Digital Realty Trust

Equinix signs new solar PPAs in Singapore

Colocation firm Equinix has signed long-term Power Purchase Agreements (PPAs) to procure renewable energy in Singapore fromSembcorp Industries. Following the agreements, Sembcorp Power will supply a maximum capacity of 75MWp from its solar assets and 30MW from its gas-power generation portfoli...

April 29, 2024

Equinix

Digital Realty to partner with Enel X for grid balancing UPS systems

Digital Realty has revealed that it will be partnering with energy firm Enel X to roll out grid-balancing UPS systems in Ireland. The integrated battery banks, housed within Digital Realty’s Irish data centers, will relieve grid dependence on fossil fuel power plants during periods of frequenc...

April 24, 2024

Digital Realty Trust

Equinix accused of major accounting manipulations

Short seller Hindenburg Research has accused data center REIT Equinix of "major accounting manipulations." The investigative reporting and researching company claims that Nadaq-listed Equinix overstated its adjusted funds from operations (AFFO), a key profitability metric for REITs, by at leas...

March 23, 2024

Equinix

Equinix announces Google Cloud executive Adaire Fox-Martin as new CEO

Equinix has appointed Google Cloud executive Adaire Fox-Martin as its new CEO to succeed Charles Meyers, who has led the company for six years. Fox-Martin who has led Google Cloud's go-to-market teams globally since early last year, has been a member of the Equinix board of Directors since 20...

March 14, 2024

Equinix

Airtel’s Nxtra begins construction on Lagos data center

Airtel Africa this week officially broke ground on a new facility in Lagos’s Victoria Island. The facility will deliver 38MW and is expected to be live by the first quarter of 2026. It will also be the first of five hyperscale data centers developed by Airtel Africa on the continent through N...

March 13, 2024

Lagos

Equinix deploys 1MW solar system on Melbourne data center

Equinix has deployed a 1MW rooftop solar system at its ME1 International Business Exchange (IBX) data center at 578 Lorimer Street, Port Melbourne. The company has now completed the installation of rooftop solar systems at eight of its facilities, including Brisbane, Canberra, Melbourne, and ...

March 01, 2024

Equinix

Equinix signs new PPA in Australia

Global colocation giant Equinix recently announced that it has signed a power purchase agreement (PPA) for 151MW of wind power in Australia. The company will pay for 20 percent of the first phase of the giant Golden Plains Wind Farm project, which is being built in rural Victoria, not far fro...

February 07, 2024

Equinix

Michael Winterson leaves Equinix after 24 years

Michael Winterson has left colocation provider Equinix after 24 years to take on the role of managing director for the European Data Centre Association. Winterson wrote on LinkedIn, “Exactly 24 years ago I started my data center career at IXEurope, not 300 meters from our current Equinix offic...

January 18, 2024

Equinix

Digital Realty signs energy deal with Süwag Energie

Digital Realty has announced that it signed a renewable energy agreement with the energy service provider Süwag Energie AG to procure hydroelectric power in Germany. Following this agreement, Digital Realty has secured Guarantees of Origin (GoOs) for 6,000MWh of hydropower – originating from t...

December 28, 2023

Digital Realty Trust

Equinix becomes one of U.S largest green bond issuers

Equinix is now one of the top ten largest green bond issuers in the United States after allocating $4.9 billion in green bonds to building and efficiency projects. These bonds will fund 172 green building projects on 105 sites, along with 33 energy efficiency projects. Equinix first issued gre...

December 28, 2023

Equinix

Equinix to roll out support for liquid cooling at over 100 facilities

Colocation firm Equinix announced this week that it plans to expand support for liquid cooling technologies – including direct-to-chip – to more than 100 of its International Business Exchange (IBX) data centers in more than 45 metros globally. Tiffany Osias, VP of global colocation at Equinix...

December 12, 2023

Equinix

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