Data Center News

Facebook acquires land in Denmark for potential data center development

Facebook has acquired 212 hectares of land in Andrup in Esbjerg, Denmark, for DKK 277 million ($43 million). The Esbjerg municipal announced that Facebook could start planning and surveying the land for building a data center in the future. Mayor Jesper Frost Rasmussen of Esbjerg municipal was...

October 13, 2021

Meta

Stack Infrastructure: Hyperscale data center goes online in Silicon Valley

Stack Infrastructure’s latest data center facility in Silicon Valley (SVY02) is now live and is adjacent to the company’s existing SVY01 facility at its Silicon Valley Campus. This 3-story, 240,000 sqft facility brings 32MW of capacity to the region and is powered entirely by 100% renewable e...

October 12, 2021

STACK INFRASTRUCTURE

What can the data center industry learn from the Facebook blackout?

Social media services Facebook, WhatsApp and Instagram recently experienced a six-hour blackout, where users were unable to login, message, and peruse the platforms. But, users weren't the only ones whose access to the platform was interrupted. According to reports, tech giant Facebook also lo...

October 07, 2021

Meta

Uptime Institute finds data center operators are still failing to track environmental impact

The Uptime Institute recently released its 11th annual global data center survey, and unfortunately, the results were disappointing. The survey found that while there is a growing awareness of the need to pursue sustainability goals and create greener operations regarding data centers, most op...

September 24, 2021

Meta

Facebook pledges a "water-positive" future by 2030

As the climate crisis reaches breaking point and the number of water-stressed regions across the US increase, Facebook, whose data centers consume huge amounts of water in areas plagued by water scarcity, has promised to reverse its environmental impact.According to Sylvia Lee, Facebook’s sust...

August 20, 2021

Meta

Facebook releases Renewable Impact Study

A new study into the impacts of Facebook's renewable energy projects was recently released. The report, commissioned by Facebook, and conducted by RTI International, a nonprofit research institute, revealed the social media company's renewable energy efforts have had widespread positive econom...

May 27, 2021

Meta

STACK to run on 100 percent renewable energy by end of 2021

Stack Infrastructure has announced that it would be running 100% on renewable energy by the end of 2021. The Company made the promise of running all its current and future data centers with 100% green energy while launching its new social responsibility program. The Chief strategy officer at S...

May 19, 2021

STACK INFRASTRUCTURE

STACK INFRASTRUCTURE Raises $400 million in Another Round of Structured Debt Financing

STACK INFRASTRUCTURE has lined up another large round of financing. The Data Center operator has borrowed $400 million through the sale of securitized notes, the latest in four transactions that have raised $1.8 billion to build more data centers.Last September STACK raised $325 million in sec...

March 19, 2021

STACK INFRASTRUCTURE

STACK closes an additional $325 Million in Debt Financing

Denver-based Stack Infrastructure, a data center company, has closed a $325 million debt offering. Stack also issued securitized notes in February and November of last year. Including the latest round, the company has so far raised a total of $1.4 billion to fuel its growth. Stack's Press Rel...

September 01, 2020

STACK INFRASTRUCTURE

STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

Long-Term, Low-Cost, Investment-Grade Facility Provides Additional Capital to Drive Market and Client Expansion DENVER, CO – NOVEMBER 22, 2019 – STACK INFRASTRUCTURE (“STACK” or the “Company”), the data center company built from the ground up to address the technology infrastructure needs of...

November 22, 2019

STACK INFRASTRUCTURE

Facebook Plans to Wholesale Its Fiber

Facebook plans to sell excess fiber on its owned long haul routes that interconnect Facebook data centers. As part of the plan, Facebook will allow local and regional network providers to acquire capacity. Fast Facts: Initially, Facebook is focused on the network connecting their data ce...

March 06, 2019

Meta

STACK INFRASTRUCTURE announces the Combination of Data Center Assets to create a new company

DENVER, CO – STACK INFRASTRUCTURE (“STACK” or the “Company”), the data center company built from the ground up to address the technology infrastructure needs of rapidly scaling enterprises and hyperscale companies, today announced the launch of its newly established platform and strategy. Lev...

January 15, 2019

STACK INFRASTRUCTURE

Infomart Data Centers Appoints Brian Cox as Chief Executive Officer

Infomart Data Centers, a leading provider of wholesale data center solutions focused on the unique requirements of hyperscale and enterprise customers, today announced the appointment of distinguished data center executive Brian Cox as Chief Executive Officer and member of the board of directo...

November 03, 2018

STACK INFRASTRUCTURE

Infomart hires Phil Koen as Interim CEO

Infomart Data Centers, a national wholesale carrier-neutral data center provider, announced today that its board of directors has appointed Phil Koen as a new member. Mr. Koen will also serve as the company’s Interim Chief Executive Officer, succeeding Infomart’s founder and former President, Joh...

July 05, 2018

STACK INFRASTRUCTURE

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