September 01, 2023 Ohio
A data center construction is proposed for the northern Ohio region outside Toledo. The Blade reports that preparations are underway to locate a data center on hundreds of acres in Middleton Township, west of Interstate 75 and near the intersection of State Routes 582 and 25. Details regarding...
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August 03, 2023 Lumen Technologies
In the second quarter, Lumen Technologies reported a loss of $8.74 billion, a significant decrease from the $344 million profit in the same quarter last year. The company, formerly CenturyLink Enterprise, has lost more than 66 percent of its value this year, reducing its market capitalization to...
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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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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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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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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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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 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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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 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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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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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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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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