Data Center News

Equinix becomes one of the top 10 largest US corporate issuers after issuing $750m in green bonds

Equinix has now become one of the top 10 largest US corporate issuers in the market, issuing $750 million in green bonds across two offerings. The company says it will use the proceeds to advance sustainability initiatives across its business. Equinix said the funding will be towards initiativ...

September 17, 2024

Equinix

STT GDC India names Bimal Khandelwal as new CEO

ST Telemedia Global Data Centres (STT GDC) has appointed Bimal Khandelwal as the new CEO of its India business. He has previously served as the CFO for STT GDC India. Prior to that, he worked in the telecoms, financial services, and IT sectors, including at Tata Teleservices. He is to succeed ...

September 17, 2024

ST Telemedia Global Data Centres (STT GDC)

STT GDC to pilot AI data center cooling control system

ST Telemedia Global Data Centres (STT GDC) has annunced plans to pilot an artificial intelligence-based autonomous control system for cooling. Daniel Pointon, group CTO at STT GDC, said: “Combining our expertise in delivering AI-ready data centers across major economic hubs with Phaidra’s in...

August 31, 2024

ST Telemedia Global Data Centres (STT GDC)

Equinix explores deployment of hydrogen fuel cells at Dublin data center

Colocation firm Equinix is exploring deployment of hydrogen fuel cells at its data center in Dublin, Ireland. A spokesperson for the company noted that while a temporary demonstration pod was deployed at one of the company's sites on tour from ESB and GeoPura, is not a permanent deployment. P...

August 17, 2024

Equinix

Equinix surpasses $1bn EBITDA for Q2

Equinix has surpassed a $1 billion EBITDA in Q2 2024 for the first time, reaching $1.036bn. The company Equinix has surpassed a $1 billion EBITDA in Q2 2024 for the first time, reaching $1.036bn. Furthermore, the quarter's results saw operating income up 20 percent compared to the previous qua...

August 09, 2024

Equinix

Equinix announces expansion into the Philippines with three data centers

Equinix this week announced that it will be entering into the Philippines market after purchasing three facilities from Total Information Management, a local technology solutions provider. This deal comprises three carrier-neutral and interconnection-rich data centers with more than 1,000 cabi...

July 23, 2024

Equinix

Ericsson to book impairment charge for Vonage acquisition

Ericsson has confirmed that it will record a noncash impairment charge of 11.4 billion Swedish crowns, which reflects lower anticipated market growth in some of Vonage’s current portfolio."We continue to advance our strategy to build a Global Network Platform for network APIs, which was the st...

July 05, 2024

Equinix

DigitalEdge signs new energy partnership with Peak Energy

APAC data center operator Digital Edge has signed an energy partnership with APAC energy firm Peak Energy to “pursue renewable energy production projects designed to power Digital Edge data centers across the region.”“We are thrilled to partner with Peak Energy to scale our renewable energy us...

June 10, 2024

Digital Edge DC

Equinix announces second data center in Lisbon, Portugal

Equinix this week announced plans for LS2, a new International Business Exchange (IBX) facility to be located adjacent to Equinix's existing LS1 site. This €50 million project due to open in the first quarter of 2025 will offer 2,050 square meters of colocation space.Carlos Paulino, managing...

June 05, 2024

Equinix

Equinix breaks ground in Malaysia with two new data centers

Equinix has now broken ground in Malaysia with two International Business Exchange data centers in Johor (JH1) and Kuala Lumpur (KL1) now serving the company’s customers in Malaysia and across. Jeremy Deutsch, president for Asia-Pacific at Equinix, said: “Malaysia is a cornerstone market and t...

May 28, 2024

Equinix

Digital Edge develops new storage system to replace lithium-ion batteries

APAC data center operator Digital Edge has partnered with South Korean energy storage firm Donghwa ES to develop what it calls a Hybrid Super Capacitor (HSC) as a new type of power supply for its UPS systems to replace lithium-ion batteries at its data centers.Jay Park, chief construction and...

May 27, 2024

Digital Edge DC

STT GDC expands into Vietnam

ST Telemedia Global Data Centres (STT GDC) is expanding into Vietnam and has announced a joint venture partnership with Vietnamese technology company VNG Corporation for the “development, construction, and operation of data center projects in Ho Chi Minh City.”“We are thrilled to partner with ...

May 18, 2024

ST Telemedia Global Data Centres (STT GDC)

Equinix signs new solar PPAs in Singapore

Colocation firm Equinix has signed long-term Power Purchase Agreements (PPAs) to procure renewable energy in Singapore fromSembcorp Industries. Following the agreements, Sembcorp Power will supply a maximum capacity of 75MWp from its solar assets and 30MW from its gas-power generation portfoli...

April 29, 2024

Equinix

EdgeConneX secures $1.9 billion sustainable-tied financing

This week, EdgeConneX announced it had secured an additional $1.9 billion in sustainability-linked financing to support its EMEA expansion. The company mentioned that this financing consolidates it’s portfolio across EMEA, transitioning it from “stand-alone project-based funding to a more robu...

April 12, 2024

EdgeConneX

Equinix accused of major accounting manipulations

Short seller Hindenburg Research has accused data center REIT Equinix of "major accounting manipulations." The investigative reporting and researching company claims that Nadaq-listed Equinix overstated its adjusted funds from operations (AFFO), a key profitability metric for REITs, by at leas...

March 23, 2024

Equinix

Equinix announces Google Cloud executive Adaire Fox-Martin as new CEO

Equinix has appointed Google Cloud executive Adaire Fox-Martin as its new CEO to succeed Charles Meyers, who has led the company for six years. Fox-Martin who has led Google Cloud's go-to-market teams globally since early last year, has been a member of the Equinix board of Directors since 20...

March 14, 2024

Equinix

Equinix deploys 1MW solar system on Melbourne data center

Equinix has deployed a 1MW rooftop solar system at its ME1 International Business Exchange (IBX) data center at 578 Lorimer Street, Port Melbourne. The company has now completed the installation of rooftop solar systems at eight of its facilities, including Brisbane, Canberra, Melbourne, and ...

March 01, 2024

Equinix

Virtus reveals plans for new campus in Buckinghamshire, UK

UK data center company Virtus, owned by STT GDC and Macquarie Asset Management, announced plans for a new campus in Saunderton, Buckinghamshire, as it revealed the acquisition of a 50-acre plot in the village, located near High Wycombe and north of existing data center hub Slough. Virtus CEO N...

February 20, 2024

ST Telemedia Global Data Centres (STT GDC)

Equinix signs new PPA in Australia

Global colocation giant Equinix recently announced that it has signed a power purchase agreement (PPA) for 151MW of wind power in Australia. The company will pay for 20 percent of the first phase of the giant Golden Plains Wind Farm project, which is being built in rural Victoria, not far fro...

February 07, 2024

Equinix

Michael Winterson leaves Equinix after 24 years

Michael Winterson has left colocation provider Equinix after 24 years to take on the role of managing director for the European Data Centre Association. Winterson wrote on LinkedIn, “Exactly 24 years ago I started my data center career at IXEurope, not 300 meters from our current Equinix offic...

January 18, 2024

Equinix

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