Data Center News

Read Colony Capital and Vantage Data Centers to Form Strategic Partnership to Advance Data Center Growth
Colony Capital and Vantage Data Centers to Form Strategic Partnership to Advance Data Center Growth

Colony Capital and Vantage Data Centers to Form Strategic Partnership to Advance Data Center Growth

July 08, 2020 Vantage Data Centers

Vantage has announced that Colony Capital will invest $1.2 billion into Vantage. This is on top of the $800 million it raised in February 2020 and $692 million it raised in 2019. A massive war chest to fund Vantage's aggressive expansion into Europe. Earlier this year the company announced it...

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Read Aligned Increases Facility to $575 Million (PR)
Aligned Increases Facility to $575 Million (PR)

Aligned Increases Facility to $575 Million (PR)

May 11, 2020 Aligned

DALLAS – Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces it has increased its secured credit facility to $575 million as the company experiences...

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Read Google Slows Hiring for Remainder of 2020
Google Slows Hiring for Remainder of 2020

Google Slows Hiring for Remainder of 2020

April 15, 2020 Google

Google has announced a significant slow down in new staff hires. Bloomberg published an email from CEO Sundar Pichai which details its plan to recalibrate hiring because of the economic slowdown. In 2019, Google hired 20,000 people and had planned to hire an additional 20,000 employees. The...

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Read Vantage Acquires NGD, one of Largest Data Centres in Europe
Vantage Acquires NGD, one of Largest Data Centres in Europe

Vantage Acquires NGD, one of Largest Data Centres in Europe

April 07, 2020 Vantage Data Centers

Vantage has announced it is set to acquire Next Generation Data (NGD), one of the largest data centres in Europe. The NGD campus is in the Cardiff Capital Region in South Wales.The acquisition provides Vantage with one of Europe’s largest data center campus totaling 180MW, including an existing...

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Read SUNeVision lands Microsoft ExpressRoute on MEGA Campus
SUNeVision lands Microsoft ExpressRoute on MEGA Campus

SUNeVision lands Microsoft ExpressRoute on MEGA Campus

April 01, 2020 Microsoft Azure

SUNeVision Holdings Ltd, a Data centre provider in Hong Kong, has announced a new Microsoft Azure ExpressRoute on-ramp. Enterprises will have the ability to directly connect to Azure in MEGA-i, either through an onsite point of presence (PoP) or via telco partners, managed service providers or...

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Read CyrusOne amends $2.5 Billion Credit Facility
CyrusOne amends $2.5 Billion Credit Facility

CyrusOne amends $2.5 Billion Credit Facility

April 01, 2020 CyrusOne

The amended agreement consists of a $1.4B revolving credit facility, which includes a $750M multi-currency borrowing sub-limit, and term loan commitments totaling $1.1B.The credit agreement also contains an option which allows CyrusOne to obtain up to $1.5 billion in additional revolving or term...

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Read Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets
Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets

Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets

February 10, 2020 Vantage Data Centers

Vantage Data Centers announced its expansion into Europe through the acquisition of Etix Everywhere and greenfield developments in four additional European markets. Etix’s data center portfolio includes a 55MW hyperscale data center campus in Frankfurt, Germany, which is currently under...

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Read STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth
STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

November 22, 2019 STACK INFRASTRUCTURE

Long-Term, Low-Cost, Investment-Grade Facility Provides Additional Capital to Drive Market and Client Expansion DENVER, CO – NOVEMBER 22, 2019 – STACK INFRASTRUCTURE (“STACK” or the “Company”), the data center company built from the ground up to address the technology infrastructure needs of...

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Read Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)
Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)

Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)

October 22, 2019 Aligned

DALLAS – Aligned Energy, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announced today it has completed a $495 million secured credit facility with investors including...

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Read STACK Acquires Nationwide Insurance Facility and Expands to Ohio
STACK Acquires Nationwide Insurance Facility and Expands to Ohio

STACK Acquires Nationwide Insurance Facility and Expands to Ohio

October 16, 2019 Stack: NAL01A

STACK Infrastructure continues to expand its footprint. Stack acquired Nationwide Insurance's facility in New Albany, Ohio. The transaction is the third expansion for the company since raising $850 million in February 2019. STACK Press Release: DENVER--(BUSINESS WIRE)--STACK INFRASTRUCTURE...

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Read Rackhouse Sells Bytegrid's Hosting and Managed Assets to Agile Data Sites
Rackhouse Sells Bytegrid's Hosting and Managed Assets to Agile Data Sites

Rackhouse Sells Bytegrid's Hosting and Managed Assets to Agile Data Sites

July 23, 2019 Lincoln Property Company

Lincoln Rackhouse is selling service related line of business that it acquired when it bought Bytegrid two months ago. Rackhouse is selling the colocation, hosting, and managed services products that Bytegrid formerly managed. Rackhouse will maintain the data centers and will focus on its...

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Read CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)
CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)

CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)

May 28, 2019 CyrusOne

DALLAS--(BUSINESS WIRE)--CyrusOne (NASDAQ: CONE), a premier global data center REIT, today announced that it has helped ODATA construct and launch the company’s first data center in Bogotá, Colombia. ODATA’s new data center, DC BG01, is the second ODATA data center, the first outside Brazil after...

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Read Bytegrid is Acquired by Lincoln Rackhouse
Bytegrid is Acquired by Lincoln Rackhouse

Bytegrid is Acquired by Lincoln Rackhouse

May 07, 2019 Lincoln Property Company

Lincoln Rackhouse has announced that has acquired Bytegrid. With the acquisition, Rackhouse adds 3 facilities and a total of 320,000 square feet and 16 megawatts of power to its portfolio. Resources and Links Rackhouse Press Release (full text below) DCF Article DCD Article Rackhouse Press...

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Read CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY
CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY

CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY

May 01, 2019 CyrusOne

CyrusOne Inc. (CONE), a premier global data center REIT, today announced first quarter 2019 earnings. First Quarter Highlights 1Q’19 Year-over-Year Revenue Growth of 14% Leased 16 megawatts (“MW”) and 93,000 colocation square feet (“CSF”) in the first quarter, totaling $27 million in annualized...

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Read Aligned Energy Announces New Strategic Investment by Macquarie Infrastructure Partners
Aligned Energy Announces New Strategic Investment by Macquarie Infrastructure Partners

Aligned Energy Announces New Strategic Investment by Macquarie Infrastructure Partners

April 23, 2019 Aligned

DALLAS, April 23, 2018 /PRNewswire/ -- Aligned Energy (the "Company"), a leading data center provider, today announced it has received a strategic investment from Macquarie Infrastructure Partners ("MIP"), which will support the Company's growth with significant additional...

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Read CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)
CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)

CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)

April 12, 2019 CyrusOne

DALLAS--(BUSINESS WIRE)--Apr. 12, 2019-- CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced that it has sold approximately 5.7 million American depository shares (“ADSs”) of GDS Holdings Limited (“GDS”) (NASDAQ: GDS) for a total purchase price of approximately $200...

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Read Microsoft Plans 2 New Data Centers in Sweden
Microsoft Plans 2 New Data Centers in Sweden

Microsoft Plans 2 New Data Centers in Sweden

March 25, 2019 Microsoft Azure

Microsoft is reportedly building two new datacenters in Sweden, according to Swedish Newspaper Gefle Dagblad (via MSN). It was previously reported in December that the company had acquired 130 hectares of land in the municipalities of of Gävle and Sandviken, near the Swedish capital Stockholm....

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Read Facebook Plans to Wholesale Its Fiber
Facebook Plans to Wholesale Its Fiber

Facebook Plans to Wholesale Its Fiber

March 06, 2019 Meta

Facebook plans to sell excess fiber on its owned long haul routes that interconnect Facebook data centers. As part of the plan, Facebook will allow local and regional network providers to acquire capacity. Fast Facts: Initially, Facebook is focused on the network connecting their data centers in...

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Read Vantage Raises an Additional $675 Million in Debt and Equity Financing
Vantage Raises an Additional $675 Million in Debt and Equity Financing

Vantage Raises an Additional $675 Million in Debt and Equity Financing

February 14, 2019 Vantage Data Centers

Vantage has raised $675 million for expansion projects in the United States. The company also raised $225 million in December. That's a lot of capital, however the company has many projects in the works, including: Acquired 4Degrees and entered the Montreal market in December Building a...

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Read Google's Curie Cable System to Land at Equinix LA4 (PR)
Google's Curie Cable System to Land at Equinix LA4 (PR)

Google's Curie Cable System to Land at Equinix LA4 (PR)

February 07, 2019 Google

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that Google has selected Equinix for its Los Angeles area cable landing station (CLS) supporting the Curie subsea cable system, the first subsea cable to Chile in...

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