December 06, 2022 Microsoft Azure
According to BizJournal, Microsoft has plans to develop a new data center in Loudoun County, Virginia. The publication cited the Loudoun County records for its information. Microsoft’s plan is to develop a $400 million facility on a 67-acre land it owns in the Arcola Business Park. The IAD11 data...
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December 05, 2022 Meta
Meta (formerly Facebook) has announced that it has signed another PPA with D. E. Shaw Renewable Investments (DESRI), a renewable energy producer in the US. The PPA is a long-term renewable energy off-take agreement through which Meta will procure solar energy from the upcoming Long Lake Project...
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December 02, 2022 Digital Realty Trust
Digital Realty has announced that it is offering a $350 million note to the public. In addition, its Digital Core Real Estate Investment Trust (REIT), listed in Singapore, will buy a stake in a Digital Realty-owned data center in Germany. The company noted that it is priced an underwritten PO of...
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December 01, 2022 Equinix
Equinix has announced its plan to develop a new International Business Exchange IBX data center in Johor, Malaysia. The data center company said it would invest up to $40m in the first stages of the data center. The JH1 data center is scheduled to be in operation in Q1 2024. The facility will...
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November 24, 2022 Microsoft Azure
Microsoft has filed to build two new data centers at a site in San Jose, California, it has been reported. The proposal details plans for two-building on a 632,000-square-foot campus on 22 vacant acres near the intersection of Orchard Parkway and Component Drive. These two new additions have been...
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November 24, 2022 Microsoft Azure
Microsoft has signed CPPAs with Statkraft, Energia Group, and Power Capital Renewable Energy, for 900MW to cover its data center operations in Ireland and 28% of Ireland's renewable energy target for 2030. By 2025, the giant expects to power 100% of its Irish facilities with renewable energy....
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November 24, 2022 Equinix
Equinix has announced that it is expanding its data center footprint in the UK in London and Manchester. The data center firm revealed that it had launched a new data center in Manchester called MA5. It is also expanding its LD7 and LD8 facilities in London. The Managing Director of Equinix UK,...
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November 24, 2022 Equinix
Equinix has announced that it is developing a new data center in Tokyo called TY15. The company first announced the facility earlier in the month. Equinix revealed that the data center is scheduled to be in operation in H1 2024. The facility will also have a capacity of around 1,200 cabinets by...
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November 23, 2022 Global Switch
According to Bloomberg, PAG, KKR, and EQT have been selected as the final bidders for Global Switch. Per Bloomberg, the companies are mulling over the best financing structures to seek the acquisition of the London-based firm. However, the publication noted that the initial bids didn’t meet...
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November 22, 2022 Meta
Meta has announced that it is deploying a new network timing protocol, Precision Time Protocol (PTP), which will keep each server in its data centers on the same time. Servers must be coordinated, otherwise, users can experience delays, errors, and outages. In contrast to Network Time Protocol...
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November 21, 2022 Prime Data Centers
Prime Data Centers has announced that it has started work on a large campus in Chicago, Illinois. The data center company held a groundbreaking ceremony for its $1 billion facility at 1600 East Higgins Road in Elk Grove Village, Illinois. This will be the company's first data center in Illinois...
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November 18, 2022 Iron Mountain MAD-1
Iron Mountain has announced the acquisition of XData Properties, one of Madrid’s largest data center parks. The acquisition sees Iron Mountain expand its footprint considerably. The property reportedly has enough power to develop 79MW over the next years. The property currently hosts a 3MW data...
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November 15, 2022 Meta
Meta, the owner of Facebook, WhatsApp, and Instagram, has announced the biggest job cuts in the giant's history, with 13% of its workforce set to lose their jobs in a move that follows big redundancies at Twitter, Oracle and Microsoft. According to CEO Mark Zuckerberg, the job cuts are "the most...
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November 13, 2022 Microsoft Azure
Microsoft has promised to invest a minimum of $1 billion in developing four data centers in North Carolina’s Catawba County. The company plans to spread the investment over the next 10 years. According to county officials, Microsoft will invest in the data centers in Maiden, Hickory, and Conover....
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November 10, 2022 Microsoft Azure
Microsoft has entered into a 15-year power-purchase agreement with Potentia Renewables Inc. (Potentia) and Greengate Power Corporation's (Greengate) Paintearth Wind Project LP. As per the PPA, Microsoft will procure wind energy from the 198MW Paintearth Wind Project in Paintearth County, Alberta....
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November 07, 2022 Meta
Meta (formerly Facebook) has announced that in an effort reduce its water consumption to become water-positive, it has increased its server rooms' temperature by five degrees to 90°F (32.2°C). This was first announced at the 7×24 Exchange Fall Conference, and first implemented at one data center,...
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November 04, 2022 Iron Mountain
Iron Mountain has announced the acquisition of XData Properties of Spain. The acquisition sees the company take over a data center in Madrid, Spain. Iron Mountain also acquired land in Phoenix, Arizona, and Mumbai, India in a separate acquisition . XData was developing the large data center...
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November 02, 2022 Madrid
Thor Equities has announced the acquisition of a former Coca-Cola bottling plant in Madrid, Spain. The site is planned for a data center campus development. Swiss real estate investment company Stoneweg completed the sale on behalf of the Icona Capital Group to Thor. None of the companies...
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November 01, 2022 CyrusOne
CyrusOne is reportedly proposing a new facility located just outside of London in Iver Heath, Buckinghamshire, UK. The company filed its application in October with Buckinghamshire council, which outlined its plans for the 'Iver Heath Data Park,' a proposal to redevelop the Shannon Group...
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October 31, 2022 Meta
Since Facebook became Meta, the company has tanked, losing $650 billion. In the wake of this huge loss, on Thursday, the giant's shares crashed 24% to $97.94, which is reportedly the lowest in nearly four years. This follows its historic loss in market value back in February, which saw...
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