Data Center News

DTCP takes majority stake in German operator Maincubes

maincubes one GmbH

Digital Transformation Capital Partners (DTCP) is now the majority owner of German DC firm Maincubes after acquiring additional stakes from Art-Invest Real Estate, a co-shareholder. Art-Invest, which used to hold about 75% of Maincubes stakes before DTCP’s initial investment, now retains only ...

Nokia Reveals Plans to Build Open Innovation lab in Dubai, UAE

Dubai

Finnish vendor Nokia has revealed plans to launch an Open Innovation lab in Dubai, UAE, to drive its Cloud RAN in the Middle East and Africa region. In a release, the vendor explained that the initiative will increase the regional focus of its established collaborations with Dell Technologies ...

Charlotte City Council approves PowerHouse DC construction

The Charlotte City Council has accepted PowerHouse's land rezoning request to develop its first data center campus outside Virginia. The council voted 7-2 in favor of the rezoning request for nearly 124 acres of land on September 18, 2023.The city staff initially hesitated as they were concern...

Google-affiliated company buys 143 acres in South Carolina

Google

A Google-affiliated company has acquired 143 acres in Moncks Corner industrial site, Berkeley Country, where the Silicon Valley tech giant has operated a data center since 2007. Arum Composites LLC purchased this parcel, comprising five parcels across Mount Holly Commerce Park Cypress Gardens ...

Czech telecoms firm to build new DC campus outside Prague

Czech Republic

Czech telecoms firm České Radiokomunikace (CRA) recently announced it's undergoing construction of a new data center campus on its site at the Cukrák transmitter, located in Jílovište to the south of Prague. The telecoms firm noted that the campus will offer a capacity of up to 78 racks at 3kW...

Chirisa obtains a $200 million loan to outfit a CoreWeave data facility in Virginia

Virginia

Chirisa Investments has secured financing for constructing a data center in Chester, Virginia. According to Commercial Observer, Chirisa received $200 million in construction funding to build CoreWeave's 242,000-square-foot turnkey data center. CO's sources revealed that an undisclosed Brookfi...

Microsoft to extend DC footprint to Naas, Ireland

Microsoft Azure

Microsoft recently commenced plans to develop plans for a new Irish data center campus near Jigginstwon in Naas. Following reports by Kildare Nationalist, Microsoft has begun consultations with authorities for the proposed development of one of the two sites marked for DC usage in the Council’...

GLP launches new global data center business, Ada Infrastructure

Ada Infrastructure

APAC logistics real estate firm GLP recently unveiled Ada Infrastructure, a new global data center business, and detailed its development pipeline across Europe, APAC, and South America. The DC campus launches with 850 megawatts of secured IT capacity across Japan, the UK, and Brazil, and repo...

Philippines-based Telco Dito Secures $3.9bn Loan for Network Expansion

Philippines

Philippines-based telcommunity Dito secured a 15-year $3.9 billion loan to fund the rollout of its network expansion through its parent company, Dito CME Holdings, from a group of multinational banks. The company announced that about $1.5 billion will be diverted towards repaying another loan ...

DigitalBridge completes DataBank recapitalization

DataBank

DigitalBridge Group recently revealed the completion of DataBank's recapitalization. The Group announced that DigitalBridge received an additional funding of $219 million, bringing the total costs of the recapitalization to $2.2 billion. This completed recapitalization will bring about a separ...

GLP Unveils Ada Infrastructure: An Ambitious Data Center Initiative Spanning Multiple Continents

Ada Infrastructure

GLP, a prominent APAC logistics real estate company, has launched Ada Infrastructure. The new company focuses on data center projects outside of China, with a current secured IT capacity of 850MW across Japan, the UK, and Brazil. The company has roadmapped an expansion to nearly 1.5 Gigawatts....

Stack inaugurates a data center in Toronto

STACK INFRASTRUCTURE

Stack Infrastructure has established a data center in Toronto, Canada. This week, the company revealed the dispatch of the first 8MW phase of the 56MW Ontario campus. First Gulf, a Toronto-based developer, collaborated with Stack to execute the initial 8MW data center by refurbishing an existi...

QTS to establish operations in York County, South Carolina

QTS Data Centers

The South Carolina Office of the Governor confirmed that DC firm QTS will establish operations in York Country, marking the company’s entry into the state. This comes after news of a major data center project in York County dubbed ‘Project Cobra’ surfaced in June 2023.Gov. Henry McMaster celeb...

STACK Infrastructure Completes 56MW Enterprise Toronto Facility Initial Phase

STACK INFRASTRUCTURE

STACK, a leading global developer and operator of data centers and the digital infrastructure partner to the most cutting-edge businesses in the world, announced the completion of the first phase at its flagship campus in Toronto. The first phase of the campus, with a total capacity of 56MW, i...

Prea obtains authorization for 100MW Berlin data center

Berlin

The construction of a 100MW data center in Berlin, Germany, has received planning approval. This week, the German consulting and services firm Prea announced that it has received approval to construct a new data center in Berlin in collaboration with the Dutch developer Van Caem.Four four-stor...

Chirisa obtains a $200 million loan to outfit a CoreWeave data facility in Virginia

Virginia

Chirisa Investments has secured financing for constructing a data center in Chester, Virginia. Chirisa received $200 million in construction funding to build CoreWeave's 242,000-square-foot turnkey data center, according to Commercial Observer. According to CO sources, an undisclosed Brookfiel...

KKR is to pay $807 million for a stake in SingTel's regional data centre operation

Asia-Pacific (APAC)

On Monday, SingTel announced that KKR will buy a 20% share in its regional data center business for $806.87 million. SingTel and KKR said in a joint statement that the agreement values SingTel's regional data center business at $4.03 billion and will be utilized to develop in Southeast Asian c...

New HPC data center to be built at the University of Alabama

Alabama

The University of Alabama (UA) will receive a new data center to house supercomputers. The UA System Board of Trustees has approved the first phase of construction for a new high-performance computing (HPC) data facility on the Tuscaloosa campus.The initiative is predicted to need $96 million ...

DataVolt intends to construct a data facility in Dhaka, Bangladesh.

Bangladesh

DataVolt, a new Saudi company, is planning a data center campus outside Dhaka, Bangladesh. Local media report that the company intends to invest $100 million to construct a data center on three acres of land in the Bangabandhu Hi-Tech City in the Kaliakair district of Gazpur. The announcement ...

Compass Datacenters Acquires Former Sears HQ for $194M to Build Data Center Campus

Compass Hoffman Estates

Compass Datacenters has acquired the former Sears headquarters, spanning 197 acres in the Chicago area, for $194 million. As Sears continues to downsize its operations, Compass plans to replace the existing 2.4 million square-foot campus with data centers, reflecting the growing demand for clo...