Data Center News

Sixth Street acquires minority stake in EdgeConneX

Investment firm Sixth Street has acquired a minority stake in data center firm EdgeConneX from EQT as both companies announced that the EQT Infrastructure IV and V funds have signed an agreement to sell a minority stake in EdgeConneX to funds managed by Sixth Street. Infrastructure will remain...

September 24, 2024

EdgeConneX

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

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

RadiusDC acquires data center in Miami

RadiusDC this week announced the acquisition of Miami I in the Sweetwater area of the city from NextStream, a data center operator in Latin America owned by Actis. RadiusDC said it plans to immediately expand the site's capacity from 3.2MW to 9.2MW. "We believe Miami I is an ideal asset to e...

August 14, 2024

Miami

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

Blackstone claims a data center portfolio of $55bn

Investment management company Blackstone in its latest earnings call mentioned that it has more than $70 billion in prospective data center pipeline development and over $70 billion in prospective data center pipeline development. CEO Stephen Schwarzman said that "the consequences of AI are as...

July 25, 2024

QTS Data Centers

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

InfiniG deploys in-building mobile coverage in Florida

Mobile coverage solution firm InfiniG has deployed its in-building mobile infrastructure as a Service (MCaaS) solution at the Gale South Beach Hotel in Miami. This deployment offers multi-carrier mobile coverage services to all guests in all locations in the Gale Hospitality Group-owned hotel,...

July 09, 2024

Miami

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

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 Realty signs new PPAs in France and Spain

Digital Realty this week announced the signing of several power purchase agreements (PPA) to power its European operations in France and Spain. The company signed a package solar deal comprising three separate 12-year agreements in Spain and two 15-year deals for wind energy in France. Togeth...

May 24, 2024

Digital Realty Trust

Digital Realty launches new cooling colocation offering

Digital Realty this week announced the launch of a direct liquid cooling (DLC) offering, available in 170 Digital Realty data centers globally. The company noted that the offering includes a range of mechanical solutions, such as rear door heat exchangers (RDHx) and DLC, offering power densiti...

May 17, 2024

Digital Realty Trust

Digital Realty launches new data center in Japan

Digital Realty has broken ground on a new data center outside Tokyo, Japan, marking its third data center at the NRT campus in Inzai, Chiba prefecture. This new 31MW facility, known as NRT14, will be configurable to support private AI deployments at densities up to 70kW per rack via air-assist...

May 10, 2024

Digital Realty Trust

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

Digital Realty to partner with Enel X for grid balancing UPS systems

Digital Realty has revealed that it will be partnering with energy firm Enel X to roll out grid-balancing UPS systems in Ireland. The integrated battery banks, housed within Digital Realty’s Irish data centers, will relieve grid dependence on fossil fuel power plants during periods of frequenc...

April 24, 2024

Digital Realty Trust

Lumen secures new contract from GAO

Lumen Technologies has secured a contract worth about $73.6 million from the US Government Accountability Office (GAO) under the General Services Administration's Enterprise Infrastructure Solutions (EIS) program. This multi-million dollar contract will see Lumen modernize network, data, voice...

April 15, 2024

Lumen Technologies

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

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