Data Center News

Meta/Facebook is Project Velvet's First Tenant

According to Biz Journal, Meta will be the first tenant at the new large data center campus in Kansas, Missouri. Plans for a Golden Plains Technology Park, also known as Project Velvet, were first submitted in 2021. The developer has plans for a 510,000 square meters (5.5 million square fee...

March 11, 2022

Meta

Argo Infrastructure Partners Invests $500m in TierPoint

TierPoint has announced that Argo Infrastructure Partners has invested $500 million into its business. The move sees Argo Infrastructure Partners become the largest single equity investor in the firm. TierPoint will use the net proceeds from the transaction to expand the company and provide...

March 02, 2022

TierPoint

EdgeConneX Acquires Indonesia's GTN

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 ...

February 18, 2022

EdgeConneX

EdgeConneX to expand in Dublin

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 combin...

February 16, 2022

EdgeConneX

AdaniConneX to introduce Mumbai Data Center Limited

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 Fe...

February 08, 2022

EdgeConneX

Meta's Q4 2021 Capex Stands at $5.5bn- Also Loses $200b in Valuation

Meta, formerly known as Facebook, has released its Q4 2021 financial reports. The report shows that the social media giant has spent $5.5 billion on capital expenditure in Q4 2021. The investment was in servers, office facilities, data centers, and network infrastructure. The company has inves...

February 04, 2022

Meta

H5 Data Centers Completes The Acquisition of Seven Data Centers From vXchnge

H5 Data Centers has announced that it has completed the acquisition of seven data center facilities from vXchnge across the United States. With this development, vXchnge has just one data center. With this agreement, H5 data centers has added over 250,000 square feet (23,200 square meters) of ...

February 01, 2022

H5 Data Centers

EdgeConneX Granted Property Tax Break For its 22MW data center in Elk Grove

EdgeConneX is developing a new data center in Elk Grove, Illinois. It has also been granted property tax breaks for the facility. The Elk Grove Village officials met last week and endorsed a proposed Cook County property tax for the company. EdgeConneX plans to develop a 22MW data center on...

February 01, 2022

EdgeConneX

Meta/Facebook is Expanding Its Gallatin Data Center Campus

Facebook, now known as Meta, has plans to expand its Gallatin facility in Tennessee. Biz Journal was the first to report that the social media giant wants to construct another data center building at the Gallatin campus. The city council has also approved the plans for the development this ...

January 28, 2022

Facebook Gallatin TN

Meta signs wind PPA in Iowa

In its latest move towards attaining more green credentials, Meta has announced the signing of a power purchase agreement (PPA) with Apex for its 225-MW Great Pathfinder Wind project in Iowa. This is the energy company’s fifth deal with the social media giant. According to CEO Mark Zuckerberg,...

January 26, 2022

Meta

Verizon signs seven Power Purchase Agreements

As it expands its usage of green energy, Verizon, has announced that it has signed seven new Power Purchase Agreements (PPAs) for renewable energy representing 910MW. The company's sustainability goals are to have carbon neutrality across all its operations (scope 1 and 2) by 2035.Renewable En...

January 22, 2022

Verizon Enterprise

USDA awards Lumen with a $1.2 billion network services contract

Lumen Technologies has won a $1.2 billion contract from the US Department of Agriculture. Lumen is to deliver a fully integrated wide-area data transport service to over 9,500 US Department of Agriculture locations across the country and around the world. With this contract, Lumen will offer a...

January 21, 2022

Lumen Technologies

Verizon expands in Colorado Springs

Verizon has announced that it is expanding its digital footprint with the addition of a second data center in Colorado Springs. The company has submitted a proposal for a 49,000 square-foot (4,500 sqm) data center on Arrowswest Drive in El Paso County, with plans for a potential second phase ...

January 18, 2022

Verizon Enterprise

Facebook's DeKalb data center in first stage of construction

Facebook’s data center in DeKalb located east of Route 23 and south of Gurler Road, has almost reached its first phase of completion, while the second phase of construction has been approved. According to reports, an initial investment of $800 million has been made, a figure that is likely to ...

January 18, 2022

Meta

EdgeConneX strategically invests in China's Chayora

EdgeConneX has announced that it has made a strategic investment in Chinese data center company Chayora. The investment will see both EdgeConneX and Chayora offer data center services out of Chayora’s data centers in China. The firm will also expand on the existing data centers across Mainland...

December 28, 2021

EdgeConneX

H5 Data Centers expands in Ohio through a data center acquisition

H5 Data Centers has completed the acquisition of a data center at 925 Dalton Avenue, Cincinnati, Ohio. The 107,000 square feet (9,940 square meters) purpose-built data center was built to Tier III standards. It currently has a 2MW capacity, but it can be expanded to 6MW upon full buildout. ...

December 15, 2021

H5 Data Centers

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

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

DE-CIX and H5 Data Centers announce partnership

H5 Data Centers has announced that it has partnered up with DE-CIX. This partnership will reportedly enable companies “expanding or relocating their data center and colocation services” the opportunity to leverage “premier colocation and connectivity services.”Josh Simms, owner and CEO of H5 ...

November 18, 2021

H5 Data Centers

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