October 19, 2021 Equinix
Equinix and PGIM Real Estate have formed a new $575 million joint venture with an aim to develop hyperscale data centers in Sydney, Australia. PGIM is the real estate investment and financing division of Prudential Financial. The facilities the companies will be developing under this JV are SY9x...
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October 15, 2021 Digital Realty Trust
Digital Realty has reached an agreement to make a strategic investment in AtlasEdge Data Centres. The investment will also see Digital Realty’s Executive VP, Strategic & Business Segments, Giuliano Di Vitantonio, join AtlasEdge as CEO, starting January 2022. AtlasEdge delivers smooth,...
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October 05, 2021 KAO Data
New Zealand investor Infratil has acquired a 40 percent stake in UK data center firm Kao Data. It has also acquired two data centers to add to the company’s portfolio. Infratil is paying £120-130 million” (US$163-177m) for the acquisition of the stakes in the company. CEO of Kao Data, Lee Myall,...
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September 27, 2021 Equinix
Much has been said about how data centers adversely affect the environment. However, more data centers have begun to become 'Greener.' Besides, in order to leave a better environmental footprint, many data center companies are now spending more on green energy. Investors and data center financers...
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September 24, 2021 Digital Realty Trust
Menlo Equities has completed the acquisition of four Digital Realty data centers in Silicon Valley. The firm acquired the facilities for a combined $108.8 million. First, it acquired a facility at 4650 Old Ironside Drive in Santa Clara for $35.8 million. The facility has 124,400 square feet of...
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September 20, 2021 AtlasEdge
It has been announced that Liberty Global and DigitalBridge’s joint venture, AtlasEdge Data Centres, has officially launched. After being announced back in May, the deal closed this week and will be headed by executive chairman Josh Joshi, former CFO of Interxion and Telecity. Zahl Limbuwala,...
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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 25, 2021 Digital Realty Trust
Digital Realty has filed for permission to build data centers in Clondalkin, Ireland. According to Digital Realty’s application, the Company wants 10-year permission to build two data center buildings called DUB15 and DUB16 close to its existing facilities in Clondalkin. These buildings will have...
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August 25, 2021 Equinix
Equinix filed for permission to build a data center in Profile Park, Clondalkin, Ireland. The Company filed for permission to build a three-story data center in July. It is going to call the facility DB8. The facility will be built within a 2.65 hectare of land. The facility will also have a...
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August 18, 2021 Equinix
The Australian Competition and Consumer Commission (ACCC) recently granted a group of businesses led by Equinix the right to form a renewable energy purchasing group. This formation will allow the group, which includes Nike, H&M, HSBC Bank, and Goldman Sachs, to negotiate access to cheaper...
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August 06, 2021 KAO Data
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...
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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 29, 2021 Manchester
Ashton Old Baths, a Victorian bathhouse in Manchester, has undergone a significant transformation into a council data center, and a tech hub spanning over 10,000 sq ft of office and coworking space. The historic Grade II-listed building, which first opened in 1870, is now in phase two of...
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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 27, 2021 Pulsant
Antin Infrastructure Partners has completed the acquisition of UK data center firm Pulsant. Antin acquired Pulsant from Scottish Equity Partners and Oak Hill Capital who have owned the data center firm since 2014. None of the companies disclosed the terms of the deal. Pulsant operates 10 data...
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July 24, 2021 Equinix
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 center...
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July 23, 2021 Equinix
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...
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July 21, 2021 KAO Data
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...
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July 16, 2021 Digital Realty Trust
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...
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July 16, 2021 Digital Realty Trust
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. Its...
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