Data Center News

Read EdgeConneX secures $3.3 Billion in sustainability-linked financing
EdgeConneX secures $3.3 Billion in sustainability-linked financing

EdgeConneX secures $3.3 Billion in sustainability-linked financing

March 29, 2023 EdgeConneX

EdgeConneX has announced that it has successfully executed $3.3 billion in “innovative” sustainability-linked financing, which it said will enable the development of critical digital infrastructure to support customers' global data center requirements. For this, JGlobal awarded the company with...

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Read DataBank Secures $715m For Data Center Development
DataBank Secures $715m For Data Center Development

DataBank Secures $715m For Data Center Development

February 23, 2023 DataBank

DataBank is collecting $715 million on the market for asset-backed securities (ABS) to develop its data center infrastructure. Kroll Bond Rating Agency has disclosed in a pre-sale report information on the financing. The deal's issuer and co-issuer are represented by DataBank Issuer, LLC and...

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Read Verizon signs four new PPAs
Verizon signs four new PPAs

Verizon signs four new PPAs

January 17, 2023 Verizon Enterprise

Verizon has announced that it has signed four new power purchase agreements (PPAs) for renewable energy, an aggregate of up to 410 MW of renewable energy capacity. According to the company, these new deals align with its broader goal to source or generate renewable energy equivalent to 50 percent...

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Read EdgeConnex plans another data center in Miami, Florida
EdgeConnex plans another data center in Miami, Florida

EdgeConnex plans another data center in Miami, Florida

January 12, 2023 EdgeConneX

EdgeConnex is reportedly planning a third data center in Miami, Florida, after acquiring a 6.250-acre plot of land. According to a report by BizJournal, this facility will be a two-story data center and located on the southwest corner of Northwest 106th Street and Northwest 112th Avenue. A...

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Read Adani, EdgeConneX JV AdaniConneX begin operations at hyperscale data center in Chennai
Adani, EdgeConneX JV AdaniConneX begin operations at hyperscale data center in Chennai

Adani, EdgeConneX JV AdaniConneX begin operations at hyperscale data center in Chennai

November 09, 2022 EdgeConneX

AdaniConneX, the joint venture between EdgeConneX and Adani Enterprises, has launched its first data center in Chennai, Chennai 1 Data Center. Its first phase will reportedly offer 17MW and 33MW of IT load at full build-out. “The wait is over! We proudly announce that our state-of-the-art Chennai...

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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 DataBank launches Salt Lake City data center
DataBank launches Salt Lake City data center

DataBank launches Salt Lake City data center

October 27, 2022 DataBank

DataBank has announced the opening of its latest Salt Lake City data center, SLC6. According to the company, the facility was built to meet the growing demand for increased capacity and mission-critical IT infrastructure.“We are pleased to open this new facility, providing additional capacity to...

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Read IMCO Pumps $450 million in DataBank
IMCO Pumps $450 million in DataBank

IMCO Pumps $450 million in DataBank

October 24, 2022 DataBank

The Investment Management Corporation of Ontario (IMCO) will invest around US$450m in DataBank. The Canadian firm signed an agreement to invest the funds as part of DataBank’s recapitalization process. DataBank is expected to close the deal in Q4 2022. The Chief Investment Officer of IMCO,...

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Read EdgeConneX secures $150 Million in Sustainability-linked Financing for its Latin America expansion
EdgeConneX secures $150 Million in Sustainability-linked Financing for its Latin America expansion

EdgeConneX secures $150 Million in Sustainability-linked Financing for its Latin America expansion

October 18, 2022 EdgeConneX

EdgeConneX has reportedly secured $150 million in sustainability-linked financing for its expansion in Latin America. This follows the company obtaining a series of sustainability-linked financings earlier in 2022 totaling $1.7 Billion. The loan facility promotes EdgeConneX's sustainability...

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Read EdgeConneX announces expansion plans in the Philippines
EdgeConneX announces expansion plans in the Philippines

EdgeConneX announces expansion plans in the Philippines

October 07, 2022 EdgeConneX

EdgeConneX has announced a partnership with Aboitiz, a local firm in the Philippines, alongside its plans to build two data centers around Manila; one near the National Capital Region of Manila and the second in the Greater Manila Area. Speaking about the partnership, Sabin Aboitiz, President,...

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Read Sustainable financing for EdgeConneX
Sustainable financing for EdgeConneX

Sustainable financing for EdgeConneX

June 23, 2022 EdgeConneX

EdgeConneX has announced that it has secured $1.7 billion in sustainability-linked debt financing, including the company's first-ever Asset-Backed Securitization (ABS) and multi-currency term loan (ESG Term Loan). The company will reportedly use this to finance its growth and keep up with...

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Read DataBank To Develop a 40MW Data Center at Newly Acquired Property
DataBank To Develop a 40MW Data Center at Newly Acquired Property

DataBank To Develop a 40MW Data Center at Newly Acquired Property

May 18, 2022 DataBank

DataBank has announced the acquisition of an existing data center and 18-acre land in Atlanta, Georgia. The property acquired is located at 200 Selig Drive, Atlanta. Although the company did not reveal the transaction terms, CoStar reports that DataBank paid $10.9 million for the property. The...

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Read DataBank Is Expanding its SNA2 Facility
DataBank Is Expanding its SNA2 Facility

DataBank Is Expanding its SNA2 Facility

April 20, 2022 DataBank

DataBank has announced that it is expanding its SNA2 data center in Irvine, California. The expansion will see the company add 4MW of critical power and 24,000 square feet (2,200 square meters) of raised floor space. The facility currently offers 4MW of critical power and 3,100 square meters...

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Read DataBank is Expanding its Las Vegas Data Center
DataBank is Expanding its Las Vegas Data Center

DataBank is Expanding its Las Vegas Data Center

March 10, 2022 DataBank

DataBank has announced that it will be expanding its LAS1 data center in Las Vegas, Nevada. The facility is located at 7185 Pollock Drive. DataBank will add 929 square meters (10,000 square feet) of data center space to the facility. Upon completion of the expansion, the data center’s total space...

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Read DataBank Acquires Four CyrusOne Data Centers For $670M
DataBank Acquires Four CyrusOne Data Centers For $670M

DataBank Acquires Four CyrusOne Data Centers For $670M

March 03, 2022 DataBank

DataBank has announced that it has completed and closed the acquisition of four data centers from CyrusOne. The data centers are all located in Houston, Texas. The deal was also worth $670 million. DataBank sees over 300,000 square feet of raised-floor data center capacity through the...

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Read EdgeConneX Acquires Indonesia's GTN
EdgeConneX Acquires Indonesia's GTN

EdgeConneX Acquires Indonesia's GTN

February 18, 2022 EdgeConneX

EdgeConneX has acquired Graha Teknologi Nusantara (GTN). By so doing, it has taken over a data center in eastern Jakarta, Indonesia. The company did not reveal the details of the transaction. GTN was launched in 2016, and it currently operates a 5MW data center that can be expanded to 80MW upon...

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Read EdgeConneX to expand in Dublin
EdgeConneX to expand in Dublin

EdgeConneX to expand in Dublin

February 16, 2022 EdgeConneX

The South Dublin County Council (SDCC) has granted EdgeConnex permission to build two single-story data centers and three gas-powered generation plant buildings at Dublin’s Grange Castle Business Park after it was initially proposed last year. The facilities span 2,800 sqm (137,700 sqft combined)...

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Read AdaniConneX to introduce Mumbai Data Center Limited
AdaniConneX to introduce Mumbai Data Center Limited

AdaniConneX to introduce Mumbai Data Center Limited

February 08, 2022 EdgeConneX

The Adani-EdgeConneX Indian Joint Venture, AdaniConneX, has announced that it has introduced a wholly-owned subsidiary named Mumbai Data Center Limited, which will reportedly develop, operate, maintain, and deal with data centers. Further to this, operations are expected to begin shortly. In...

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Read DataBank Acquires Its Occupied DEN2 Data Center Site
DataBank Acquires Its Occupied DEN2 Data Center Site

DataBank Acquires Its Occupied DEN2 Data Center Site

February 04, 2022 DataBank

DataBank has announced the acquisition of a data center it was leasing in Denver, Colorado. The company plans to develop a new data center campus at the DEN2 facility. The data center is located at 6900 South Peoria Street, Colorado. DataBank did not reveal the details of the transaction....

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Read DataBank to expand DEN2 facility
DataBank to expand DEN2 facility

DataBank to expand DEN2 facility

February 02, 2022 DataBank

DataBank has announced the creation of its Centennial Campus by purchasing following the purchase of the data center it leased in the Centennial municipality in Colorado. This purchase will enable the company to expand onto the adjacent plot, which will be home to its DEN5 data center. Speaking...

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