Data Center News

Read Lumen To Sell its EMEA Operation to Colt For $1.8 Billion
Lumen To Sell its EMEA Operation to Colt For $1.8 Billion

Lumen To Sell its EMEA Operation to Colt For $1.8 Billion

November 07, 2022 Lumen Technologies

Lumen has announced that it will sell its Europe, Middle East, and Africa (EMEA) operations to Colt in a $1.8 billion deal. The deal will see Lumen divest its EMEA business, including its data centers, terrestrial and subsea networks, and network equipment in the EMEA region, to Colt. The deal is...

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Read TAAL & Lake Parime to deploy cryptomine at nuclear station
TAAL & Lake Parime to deploy cryptomine at nuclear station

TAAL & Lake Parime to deploy cryptomine at nuclear station

July 15, 2022 Ohio

TAAL and Lake Parime have announced their intention to deploy a new cryptomine facility by an unidentified nuclear power station in Ohio, following the signing of a hosting agreement between the two. Through the deal, 3,000 TAAL-owned S19J Pro bitcoin mining units, with a capacity of 10MW, will...

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Read Lincoln Property Company & Harrison Street Form JV To Develop 144MW Campus
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Lincoln Property Company & Harrison Street Form JV To Develop 144MW Campus

May 19, 2022 Ohio

Investment and real estate firms Harrison Street and Lincoln Property Company plan to develop an industrial campus and data center in New Albany, Ohio. Both companies have formed a joint venture for this purpose. The JV has purchased a 190-acre site to develop a multipurpose technology and...

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Read USDA awards Lumen with a $1.2 billion network services contract
USDA awards Lumen with a $1.2 billion network services contract

USDA awards Lumen with a $1.2 billion network services contract

January 21, 2022 Lumen Technologies

Lumen Technologies has won a $1.2 billion contract from the US Department of Agriculture. Lumen is to deliver a fully integrated wide-area data transport service to over 9,500 US Department of Agriculture locations across the country and around the world. With this contract, Lumen will offer a...

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Read Lumen pays $275,000 to DoJ for contacting former customers it divested
Lumen pays $275,000 to DoJ for contacting former customers it divested

Lumen pays $275,000 to DoJ for contacting former customers it divested

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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Read Lumen divests CenturyLink ILEC assets
Lumen divests CenturyLink ILEC assets

Lumen divests CenturyLink ILEC assets

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

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

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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Read Ohio’s school retirement fund aims to invest in target data centers in future
Ohio’s school retirement fund aims to invest in target data centers in future

Ohio’s school retirement fund aims to invest in target data centers in future

July 05, 2021 Ohio

Ohio’s school retirement fund wants to invest in life science offices and data centers in 2022. The Ohio School Employees Retirement System plans to hire managers to look into real estate investment like data centers since it offers higher rent growth opportunities in its annual investment plans....

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Read Microsoft and EDP Renewables Execute a Wind Energy Agreement in Ohio
Microsoft and EDP Renewables Execute a Wind Energy Agreement in Ohio

Microsoft and EDP Renewables Execute a Wind Energy Agreement in Ohio

March 07, 2019 Ohio

HOUSTON, and REDMOND, Wash. — March 7, 2019 — EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America LLC, and Microsoft Corp. have executed two 15-year power purchase agreements (PPA) totaling 125 megawatts (MW) that will bring the Timber Road IV Wind Farm to...

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Read Amazon's Massive $1.1bn Ohio Data Center Project Swaps Townships
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Amazon's Massive $1.1bn Ohio Data Center Project Swaps Townships

June 14, 2015 Ohio

There has been heated competition in Ohio to land a $1.1 billion Amazon Web Services Data Center project. That project was recently reported to be split across three townships: Hilliard, Dublin and Orange Township. Columbus Business first reports that Amazon subsidiary Vadata has withdrawn an...

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Read Officials in Ohio Approve Amazon Data Center Development Plans
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Officials in Ohio Approve Amazon Data Center Development Plans

February 27, 2015 Ohio

Amazon’s planned data center project in Dublin, Ohio, is a step closer, with a panel of city officials approving development plans for a data-processing center on a 70-acre plot of land. The next step will be building permits. The project is expected to cost $1.1 billion and create 120 jobs with...

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