November 25, 2021 Digital Realty Trust
Digital Realty has announced that it has "amended, extended, and upsized" its existing global revolving credit facility from $2.35 billion to $3.0 billion, which now feature a sustainability-linked pricing component. Moreover, the pricing will be "subject to adjustment" based on performance...
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November 24, 2021 Global Switch
Several data center and investment firms are mulling over the acquisition of data center firm Global Switch Holdings. According to Bloomberg, KKR and Blackstone Inc. are the likely forerunners of acquiring Global Switch. Equinix, Digital Realty, and DigitalBridge have also shown interest in...
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November 12, 2021 Equinix London LD8 Harbour Exchange (Docklands)
Land Securities Group has announced the sale of an office and data center property located in the Canary Wharf side of London. The sale price of the property is £196.5 million ($262.82 million). Equinix is currently occupying the property as its LD8 IBX data center. Land Securities Group sold the...
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October 28, 2021 Equinix
Equinix has revealed its plans for a new data center in Manchester, UK. The MA5 facility is the company’s fifth IBX facility in Manchester. It is situated in the Agecroft Commerce Park in Salford. The first phase of the facility will provide up to 3,600 square meters of colocation space. It will...
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October 27, 2021 Digital Realty Trust
Digital Realty has announced that it has formed a joint venture with Pembani Remgro Infrastructure Fund to acquire Medallion Data Centres. Medallion is Nigeria’s top interconnection and colocation provider. The company operates two data centers in the country. One of the facilities is in Abuja,...
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October 19, 2021 Equinix
Equinix and PGIM Real Estate have formed a new $575 million joint venture with an aim to develop hyperscale data centers in Sydney, Australia. PGIM is the real estate investment and financing division of Prudential Financial. The facilities the companies will be developing under this JV are SY9x...
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October 18, 2021 Echelon Data Centres
Echelon Data Centres has confirmed that it is developing its second facility in the UK. The LCY20 facility will be located in Chesham, Buckinghamshire, UK. Echelon has broken ground on the facility, and it plans to complete it by Q2 of 2022. LCY20 will have 20MW of capacity. It will also have two...
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October 15, 2021 Digital Realty Trust
Digital Realty has reached an agreement to make a strategic investment in AtlasEdge Data Centres. The investment will also see Digital Realty’s Executive VP, Strategic & Business Segments, Giuliano Di Vitantonio, join AtlasEdge as CEO, starting January 2022. AtlasEdge delivers smooth,...
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September 27, 2021 Equinix
Much has been said about how data centers adversely affect the environment. However, more data centers have begun to become 'Greener.' Besides, in order to leave a better environmental footprint, many data center companies are now spending more on green energy. Investors and data center financers...
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September 24, 2021 Digital Realty Trust
Menlo Equities has completed the acquisition of four Digital Realty data centers in Silicon Valley. The firm acquired the facilities for a combined $108.8 million. First, it acquired a facility at 4650 Old Ironside Drive in Santa Clara for $35.8 million. The facility has 124,400 square feet of...
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September 20, 2021 EXA Infrastructure
I Squared Capital has completed the acquisition of GTT’s infrastructure business. It has also launched a new Company with the name Exa Infrastructure in the process. I Squared Capital acquired GTT Communications’ subsea, data center assets, and terrestrial network infrastructure. The acquired...
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September 07, 2021 Lumen Technologies
Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed to...
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August 25, 2021 Digital Realty Trust
Digital Realty has filed for permission to build data centers in Clondalkin, Ireland. According to Digital Realty’s application, the Company wants 10-year permission to build two data center buildings called DUB15 and DUB16 close to its existing facilities in Clondalkin. These buildings will have...
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August 25, 2021 Equinix
Equinix filed for permission to build a data center in Profile Park, Clondalkin, Ireland. The Company filed for permission to build a three-story data center in July. It is going to call the facility DB8. The facility will be built within a 2.65 hectare of land. The facility will also have a...
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August 18, 2021 Equinix
The Australian Competition and Consumer Commission (ACCC) recently granted a group of businesses led by Equinix the right to form a renewable energy purchasing group. This formation will allow the group, which includes Nike, H&M, HSBC Bank, and Goldman Sachs, to negotiate access to cheaper...
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August 06, 2021 Lumen Technologies
Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business...
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August 04, 2021 Keppel Data Center REIT
Keppel Corporation has offered to acquire the non-media part of Singapore Press Holdings (SPH) for S$2.2 billion (USD 1.6 billion). This includes Keppel and SPH's jointly-owned data center and telco assets. The other parts of the business it wants to acquire include shopping malls, nursing homes,...
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July 28, 2021 Lumen Technologies
Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team of...
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July 28, 2021 Keppel Data Center REIT
Keppel DC REIT has completed the acquisition of its first data center in China. The firm completed the agreement with Guangdong Bluesea Data Development Co. Ltd. and its parent Company, Guangdong Bluesea Mobile Development Co., to acquire the Guangdong Data Center in Jiangmen. The deal costs RMB...
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July 24, 2021 Equinix
The data center industry is a multibillion-dollar industry. According to Gartner, end-user spending on data center infrastructure for 2020 was $188 billion, a 10.3% decrease from 2019’s spending. With these figures, we can reach a consensus that there’s a massive market available for data center...
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