Data Center News

The future of data center back-up energy

With more and more data center companies committing to climate change initiatives, the industry is also looking at how it can make backup energy more sustainable too. For decades, diesel has served as the primary fuel for traditional backup generators - however, diesel fuels, whilst getting cl...

August 06, 2021

Microsoft Azure

Lumen divests CenturyLink ILEC assets

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 incl...

August 06, 2021

Lumen Technologies

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

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...

July 28, 2021

Lumen Technologies

Yondr and Everstone forms $1 billion joint venture for developing hyperscale data centers in India

Yondr Group and private investment firm Everstone Group have formed a joint venture to develop data centers in India. The joint venture will operate under the name EverYondr, and it will have its first data center in India. The Companies have already acquired land and power for developing the ...

July 28, 2021

Yondr Group

Largest Data Center Funding Deals In Q2 of 2021

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 cent...

July 24, 2021

GlobalConnect A / S

Equinix strives to balance expansion with its eco targets

Back in June, Equinix committed to becoming climate-neutral by 2030; however, alongside this pledge, in recent years, it has undergone significant growth. Moreover, its environmental metrics reveal that between 2018-19, the company’s scope 1 and 2 GHG emissions, carbon intensity, and energy ...

July 23, 2021

Equinix

A carbon-neutral future: Which companies are committing and delivering?

In 2021, data centers are responsible for 2% of the world’s CO2 emissions, equivalent to the entire airline industry worldwide. It has also been forecast that by 2025, data centers could consume up to one-fifth of Earth’s power.Increasingly, data center companies are waking up to the fact that...

July 21, 2021

Amazon AWS

Kao Data becomes first data center company to use vegetable oil to fuel generators in the UK

Kao Data has announced a huge step towards its net-zero ambitions by switching from diesel to HVO (hydrotreated vegetable oil) fuel to fuel its backup generators at its Harlow campus. Koa Data is now the first data center company in the UK to make this change and has achieved this through its...

July 21, 2021

KAO Data

Digital Realty and Brookfield team up to develop data centers in India

Digital Realty has announced that it has entered into a 50/50 joint venture agreement with Brookfield Infrastructure to develop data centers in India. The brand name of the joint venture is BAM Digital Realty.Although precise details around the project are yet to be released, reports indicate...

July 16, 2021

Digital Realty Trust

Digital Realty is meeting green targets according to third annual ESG report

According to its latest ESG report, Digital Realty is meeting its sustainability targets in the push for carbon-neutrality. The company, as part of the Science-Based Target Initiative (SBTi), has committed to reducing its Scope 1 and 2 emissions by 68% and Scope 3 emissions by 24% by 2030. It...

July 16, 2021

Digital Realty Trust

Iron Mountain enters $178 million sale-leaseback deal with Intermediate Capital Group, and would use proceeds to invest in data centers

US Real Estate Investment Company Iron Mountain has announced that it sold five facilities in the greater London area to Intermediate Capital Group (ICG). The sale agreement also included a leaseback deal for the facilities. Iron Mountain will remain in the facilities for an initial 12 year pe...

June 26, 2021

Iron Mountain

NTT explains its German data center expansion plans

NTT has said that it would be expanding its German data centers by more than 40 percent. It would be doing this by adding over 323,000 square feet of IT space across existing locations in Germany. The Company currently has existing campuses in Frankfurt, Bonn, and Berlin.NTT has broken ground ...

June 22, 2021

NTT

Equinix promises to cut emissions by 50 percent before 2030

Equinix has promised that it would reduce its emissions by 50% before 2030. It would also be reducing emissions created by its electricity supply by 50% before 2030. This promise comes few days after Greenpeace criticized the Company for not having trustworthy timelines on the use of renewable...

June 17, 2021

Equinix

Global Technical Realty and KKR to build a data center campus in Slough, UK

Global Technical Realty (GTR) has announced that it would be building a data center campus in Slough, UK. The campus will have three interconnected data centers, with each having more than 57,900 square feet of floor space and 13.5MW of capacity. SEGRO, a UK real estate investment and develop...

June 17, 2021

GTR: Slough

Tokyo Century partners with NTT for data center business in India

NTT and Tokyo Century are coming together to form a data center partnership in India. Tokyo Century is a finance company that specializes in equipment leasing, mobility and fleet management, and specialty financing centered on aviation and real estate. NTT, on the other hand, specializes in d...

June 17, 2021

NTT

50% of Digital Realty's global data center portfolio is now powered by green energy

Digital Realty has announced in its third ESG report that half of its global data center portfolio is now powered by green energy. It did this by increasing the portfolio of its data centers being powered by renewable energy by 20% in 2020. Impressively, it also increased its energy consump...

June 17, 2021

Digital Realty Trust

Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program

Equinix has announced that it has signed agreements for additional joint ventures with GIC, Singapore's sovereign wealth fund, which will add $3.9 billion to expand its data center program.The agreements come in the form of limited liability partnerships with GIC. The close, which is expected...

June 15, 2021

Equinix

Digital Realty considering $300 million Singapore Trust IPO

According to a report from Bloomberg, Digital Realty is considering an Initial Public Offer (IPO) of a Singaporean trust that could raise between $300 million to $400 million. The report says Digital Realty is working with its advisers on the listing, and they are looking to conclude the IPO b...

June 10, 2021

Digital Realty Trust

CyrusOne’s European data center portfolio now 100 percent powered by renewable energy

CyrusOne just announced that all of its data centers in Europe are now running on 100% renewable energy. The Company has facilities in Dublin, London, Frankfurt, and Amsterdam, currently operating on renewable tariffs. Besides, the Company recently promised to be carbon neutral by 2040, and t...

June 02, 2021

CyrusOne

Iron Mountain to expand EMEA Data Center footprint with new facility in Sough

Iron Mountain has announced its plans for a 27MW data center in Slough, East of London. The new data center dubbed LON-2 will be a three-story building with up to 25,000 sq m of space. It will also have a capacity of 27MW at full buildout. Moreover, the building will have three 9MW data halls,...

June 02, 2021

Iron Mountain London LON-2

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