Data Center News

365 Data Centers completes round of debt refinancing

365 Data Centers has announced that it completed a round of debt refinancing while also raising new funds. The firm refinanced all its existing debt. It also secured more funds from ING Capital LLC, TD Securities, CIT Group, Boundary Street Capital, and Regions Capital Markets. 365 Data Center...

December 14, 2021

365 Data Centers

Equinix's PE3 data center launched in Perth, Australia

Equinix has announced that its PE3 data center in Perth, Australia, has launched, the third IBX facility in the city. According to reports, the first phase of the project provides a capacity of 700 cabinets spanning 1,830 sqm (38,600 sqtf), following an investment of US$54 million (A$71.7 mill...

December 10, 2021

Equinix

Equinix expanding into Africa through $320m MainOne acquisition

Equinix has announced that it is acquiring West Africa’s data center company MainOne for $320 million. The acquisition sees Equinix expand its operations into Africa for the first time. Funke Opeke founded MainOne in 2010 through its MDXi brand. The company has three data centers in operati...

December 07, 2021

Equinix

Flexential's sustainability-linked financing: $2.1 billion raised via inaugural securitization financing

Flexential has announced the completion of a $2.1 billion securitization financing offer, which, according to the company, is the largest single asset-backed securities (ABS) issuance. On top of that, it is also the largest-ever green data center ABS financing. With this money, it will work to...

December 03, 2021

Flexential

Edgeconnex expands in Benelux region

EdgeConnex has announced that it is to enter the Belgian market with the construction of a data center campus near Brussels in Ternat. The first facility will comprise 4 data halls supporting over 20MW of capacity. According to the company, the site is expected to be ready in the first quarte...

December 02, 2021

EdgeConneX

CoreSite’s VA3 Data Center goes green, powered by 100% renewables

CoreSite has announced that its VA3 data on its Northern Virginia campus is powered by 100% renewable energy. This move to green has been achieved through Dominion Energy’s 100% Renewable Energy Program, which has a portfolio of locally-sourced solar, hydroelectric, and biomass energy. Com...

December 01, 2021

CoreSite

Digital Realty teams up with CoolestDC for liquid cooling for SIN11 data center

Digital Realty is partnering with Coolest DC to develop high-efficiency thermal management solutions for the industry following a pilot program supported by Temasek Foundation. The initial pilot scheme sought to improve energy consumption by data centers and enhance efficiency and had deploye...

November 30, 2021

Digital Realty Trust

Digital Realty: Sustainability-linked refinancing

Digital Realty has announced that it has "amended, extended, and upsized" its existing global revolving credit facility from $2.35 billion to $3.0 billion, which now feature a sustainability-linked pricing component. Moreover, the pricing will be "subject to adjustment" based on performance ta...

November 25, 2021

Digital Realty Trust

CoreSite exploring sale

According to Reuters, CoreSite is looking at the possibility of a sale. The real estate trust is working with an investment bank to see its options. CoreSite currently operates over 25 data centers across North America. It also has a market of over $8 billion. According to reports, CoreSite ha...

November 12, 2021

CoreSite

ColoHouse acquires Quonix Group

ColoHouse has completed the acquisition of Quonix Group. The acquisition sees ColoHouse take control of Quonix’s Data102 and Turnkey Internet Units. ColoHouse will be adding three new locations in Philadelphia, Pennsylvania; Albany, New York; and Colorado Springs, Colorado. Quonix’s Turnkey ba...

November 11, 2021

ColoHouse

Databank moves into Ashburn, Virginia

Databank has announced that it is breaking ground on a new facility in Ashburn, Northern Virginia. This data center, IAD3, will initially have a capacity of 4MW of capacity expandable to 40MW and will span 200,000 sq ft (18,600 sqm). According to the company, the facility will be ready for ser...

November 10, 2021

DataBank

Equinix announces plans for its new data center in Manchester, UK

Equinix has revealed its plans for a new data center in Manchester, UK. The MA5 facility is the company’s fifth IBX facility in Manchester. It is situated in the Agecroft Commerce Park in Salford. The first phase of the facility will provide up to 3,600 square meters of colocation space. It...

October 28, 2021

Equinix

Digital Realty forms JW with Pembani Remgro to acquire Nigeria's Medallion Data Centres

Digital Realty has announced that it has formed a joint venture with Pembani Remgro Infrastructure Fund to acquire Medallion Data Centres. Medallion is Nigeria’s top interconnection and colocation provider. The company operates two data centers in the country. One of the facilities is in Abuja...

October 27, 2021

Digital Realty Trust

Equinix and PGIM Real Estate form a $575 Million Joint Venture to Develop Hyperscale Data Centers in Australia

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...

October 19, 2021

Equinix

Digital Realty makes strategic investment in AtlasEdge

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, loca...

October 15, 2021

Digital Realty Trust

Sustainable Finance: New way to address the environmental footprint of data centers

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 fin...

September 27, 2021

Equinix

Menlo Equities acquires four Digital Realty data centers in Silicon Valley

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...

September 24, 2021

Digital Realty Trust

ColoHouse acquires Lume Cloud

ColoHouse has completed the acquisition of Lume Cloud. Lume Cloud is a managed cloud services provider that provides workspace and cloud solutions. It also offers colocation services out of multiple multi-tenant facilities around the world. CEO of Lume Cloud, Kyle Verzello, said the acquisitio...

September 14, 2021

ColoHouse

Lumen pays $275,000 to DoJ for contacting former customers it divested

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...

September 07, 2021

Lumen Technologies

DataBank announces it has started construction on sixth Salt Lake data center

DataBank has broken ground on its sixth Salt Lake data center, SLC6. The facility will see DataBank increase capacity to meet the increasing demand for mission-critical IT infrastructure in the Salt Lake City and Utah market. The site is located in Bluffdale, between Utah’s Silicon Slopes a...

August 30, 2021

DataBank

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