Data Center News

GIP invests $450 million into Vantage Data Centers

Independent infrastructure investor Global Infrastructure Partners (GIP) along with its affiliates and co-investors, recently announced an investment in a term loan facility of up to $450 million in Vantage Data Centers. GIP acted as the lead investor in this transaction, with support from the...

October 07, 2023

Vantage Data Centers

Carbon Streaming Corp. signs carbon capture agreement with Microsoft

Carbon Streaming Corporation announced it had signed an agreement to provide Microsoft with biochar carbon removal credits from the Waverly Biochar project in Waverly, Virginia. The company noted that the Biochar project would deliver Microsoft up to 10,000 tonnes of carbon dioxide removal cre...

October 02, 2023

Microsoft Azure

Microsoft to extend DC footprint to Naas, Ireland

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’...

September 25, 2023

Microsoft Azure

Vantage Data Centers EMEA receives $1.6 bn from AustralianSuper

AustralianSuper has made an investment in Vantage Data Centers' EMEA operations. Last week, the company announced it would invest $1.6 billion to acquire a "significant minority stake" in Vantage Data Centers Europe, Middle East, and Africa (Vantage EMEA), backed by DigitalBridge. The pension ...

September 11, 2023

Vantage Data Centers

Vantage purchases two parcels of land in San Antonio, Texas

Vantage Data Centers has made its first land purchases in Texas, both in San Antonio. The San Antonio Report reads, based on public records from Bexar County, that Vantage has acquired 89 acres of land in San Antonio spread across two separate parcels.On August 9, the firm purchased 31 acres a...

September 04, 2023

Vantage Data Centers

Microsoft creates Petronas HPC AI infrastructure

The digital arm of the Malaysian energy company Petronas, Petronas Digital, has inked a contract with Microsoft to develop a high-performance computing (HPC) artificial intelligence (AI) infrastructure platform. The organization will use the platform to perform AI and machine learning to look ...

August 22, 2023

Microsoft Azure

Vantage outlines a data center facility in Atlanta, Georgia

Vantage Data Centers intends to construct a new campus in the Atlanta, Georgia, district of Douglas County. Vantage plans to construct nearly 1.7 million square feet of data center floor space through three buildings in Douglasville, according to a filing with the state under the Developments ...

August 22, 2023

Vantage Data Centers

45 Sprint switch facilities to be converted into colo data centers by Cogent

Cogent Communications intends to transform the former Sprint switching plant real estate footprint acquired from T-Mobile into a substantial colocation data center portfolio. T-Mobile announced in September 2022 that it had agreed to sell its Wireline business to Cogent for a symbolic $1, with...

August 22, 2023

Cogent Communications

Lumen, a US telco, loses $8.74bn due to non-cash impairment

In the second quarter, Lumen Technologies reported a loss of $8.74 billion, a significant decrease from the $344 million profit in the same quarter last year. The company, formerly CenturyLink Enterprise, has lost more than 66 percent of its value this year, reducing its market capitalization ...

August 03, 2023

Lumen Technologies

Microsoft has submitted plans to construct two data centers in San Jose, California

Microsoft has applied to construct two data centers in San Jose, California. On August 17, the San Jose Council Planning Division will convene to discuss Microsoft's plans for a 65-acre site at 1657 Alviso-Milpitas Road. The company seeks permission to remove 79 trees to construct two single-s...

August 03, 2023

Microsoft Azure

Microsoft increases data center and AI compute capex

This past quarter, Microsoft's capital expenditures increased to $10.7 billion as the company reported spending significantly on data centers, computing, and networking. The company announced that spending would increase each quarter throughout fiscal 2024, already higher than the $7.8bn capit...

July 28, 2023

Microsoft Azure

KPMG will invest $2 billion with Microsoft in AI and cloud services

KPMG plans to invest $2 billion over the next five years in artificial intelligence (AI) and cloud services in partnership with Microsoft. The global expansion of the 'Big Four' accounting firm's relationship with Microsoft is anticipated to generate up to $12 billion in revenue over the next ...

July 28, 2023

Microsoft Azure

Microsoft intends to invest $230 million in an additional data center in San Antonio, Texas

Microsoft intends to construct another data center in the San Antonio, Texas, region. The corporation stated in applications with the Texas Department of Licensing and Regulation, initially reported by the San Antonio Business Journal, that the project would cost $230 million.The company inten...

July 28, 2023

Microsoft Azure

Microsoft pushes forward with data center projects in Brazil

Microsoft has shared its plans for further expansion in Brazil, with a new data center in the Campinas area of São Paulo state, Brazil. Located in Hortolândia, details on the facility obtained by BNAmericas, reveal the giant’s plans for the installation of a data center on greenfield land wit...

July 26, 2023

Microsoft Azure

Microsoft was permitted to operate its Dublin data center on gas

According to reports, Microsoft has been granted permission to construct a 170MW gas power facility for its Dublin data center expansion. As per a report from Business Post, the cloud giant applied in December to construct a gas power facility for its $1 billion Dublin data center campus curre...

July 20, 2023

Microsoft Azure

Microsoft buys a 14-acre plot for data centers in Sterling, Virginia

Microsoft has plans for data centers in Sterling, Virginia. BizJournal reports that Microsoft purchased a 14-acre parcel at 23540 Pebble Run Place for approximately $15 million last month, citing Loudoun County property records. Data centers are already legally permitted on the property, which...

July 17, 2023

Microsoft Azure

StratCap acquires digital infrastructure assets worth $90 million

StratCap has acquired essential digital infrastructure assets worth roughly $90 million, which include 13 cell towers and a data center. The acquisition was announced during the company's recent Q2 earnings report. StratCap has acquired cell towers in Missouri, Florida, Wisconsin, Tennessee, a...

July 14, 2023

StratCap Data Centers

Microsoft proposes data center in Sumaré, Brazil

Microsoft intends to build a new data center in the Brazilian state of So Paulo. Microsoft is constructing a new data center in Sumaré, presumably expanding its Azure cloud region in So Paulo. The facility will be adjacent to Santo Antonio Park along the Venancio Calegari Municipal Road in No...

July 11, 2023

Microsoft Azure

Microsoft officially announces Kemps Creek campus, drops Lane Cove project

Microsoft has announced further expansion in Sydney, with plans for a new data center campus. Located in Kemps Creek in Western Sydney, the facility will be designed in collaboration with Indigenous-owned Indigital, to shape the site’s exterior artwork and landscape design in a way that “supp...

July 10, 2023

Microsoft Azure

Vantage appeals application rejection in Dublin, Ireland

Vantage Data Centers is appealing to An Bord Pleanála over the decision to refuse its data center application in Dublin, Ireland. The application for a two-story, 12,893 sqm development in the West Dublin area of Clondalkin was rejected on both power capacity and environmental grounds, with t...

July 06, 2023

Vantage Data Centers

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