Data Center News

Read DataBank Acquires Its Occupied DEN2 Data Center Site
DataBank Acquires Its Occupied DEN2 Data Center Site

DataBank Acquires Its Occupied DEN2 Data Center Site

February 04, 2022 DataBank

DataBank has announced the acquisition of a data center it was leasing in Denver, Colorado. The company plans to develop a new data center campus at the DEN2 facility. The data center is located at 6900 South Peoria Street, Colorado. DataBank did not reveal the details of the transaction....

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Read Equinix unveils new sustainability initiatives
Equinix unveils new sustainability initiatives

Equinix unveils new sustainability initiatives

February 03, 2022 Equinix

Equinix recently opened its Co-Innovation Facility (CIF) based near Washington, DC, which will be home to a number of trials focusing on the development of sustainable data center tech. At the facility, the company will partner with Bloom Energy, ZutaCore, Virtual Power Systems (VPS), and Natron...

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Read DataBank to expand DEN2 facility
DataBank to expand DEN2 facility

DataBank to expand DEN2 facility

February 02, 2022 DataBank

DataBank has announced the creation of its Centennial Campus by purchasing following the purchase of the data center it leased in the Centennial municipality in Colorado. This purchase will enable the company to expand onto the adjacent plot, which will be home to its DEN5 data center. Speaking...

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

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

February 01, 2022 H5 Data Centers

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...

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Read Equinix Partners With GIC For another $525m Joint Venture
Equinix Partners With GIC For another $525m Joint Venture

Equinix Partners With GIC For another $525m Joint Venture

January 27, 2022 Equinix

Equinix is making strategic partnerships as it announced that it had formed another joint venture with GIC. The data center company and the Singapore sovereign wealth fund aim to develop hyperscale facilities in South Korea. The companies announced the $525 million joint venture details earlier...

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Read Verizon signs seven Power Purchase Agreements
Verizon signs seven Power Purchase Agreements

Verizon signs seven Power Purchase Agreements

January 22, 2022 Verizon Enterprise

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...

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Read USDA awards Lumen with a $1.2 billion network services contract
USDA awards Lumen with a $1.2 billion network services contract

USDA awards Lumen with a $1.2 billion network services contract

January 21, 2022 Lumen Technologies

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...

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Read Verizon expands in Colorado Springs
Verizon expands in Colorado Springs

Verizon expands in Colorado Springs

January 18, 2022 Verizon Enterprise

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 for...

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Read Equinix pushes ahead with green energy deal
Equinix pushes ahead with green energy deal

Equinix pushes ahead with green energy deal

January 12, 2022 Equinix

Equinix has signed a green energy deal it has announced. By penning a 10-year Power Purchase Agreement (PPA) with Neoen and Prokon, Equinix will be provided with 85% of the energy produced by the 35MW Björkliden wind farm in the municipality of Närpes, in the western region of Ostrobothnia. This...

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Read Cologix recapitalizes with Stonepeak
Cologix recapitalizes with Stonepeak

Cologix recapitalizes with Stonepeak

January 07, 2022 Cologix

Investment firm Stonepeak has revealed that it has recapitalized Cologix. Stonepeak is an Abu Dhabi sovereign wealth fund, and it has decided to pull out its investment in Cologix. The agreement sees Stonepeak Infrastructure Fund II LP and its co-investors sell Cologix to vehicles managed by...

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Read Digital Realty acquires 55% of Teraco and enters South Africa
Digital Realty acquires 55% of Teraco and enters South Africa

Digital Realty acquires 55% of Teraco and enters South Africa

January 07, 2022 Digital Realty Trust

Digital Realty has bought the majority stake in Teraco. The data center giant announced the acquisition of the South African data center company from a consortium of investors, including Permira and Berkshire Partners. The deal sees Teraco valued at about $3.5 billion. The transaction sees...

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Read American Tower Finalizes CoreSite Acquisition
American Tower Finalizes CoreSite Acquisition

American Tower Finalizes CoreSite Acquisition

December 31, 2021 American Tower Corporation

American Tower Corporation has announced that it has successfully completed the acquisition of CoreSite Realty Corporation. The company completed the acquisition by merging one of its subsidiaries with CoreSite. American Tower funded the transaction through borrowings revolving around term loans...

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Read San Jose data center site to be transformed by big developer
San Jose data center site to be transformed by big developer

San Jose data center site to be transformed by big developer

December 17, 2021 Digital Realty Trust

Digital Realty has announced that it has sold its San Jose data center to developer Hines. Documents filed on December 15 with the Santa Clara County Recorder's Office outline that Hines paid just under $60 million ($59.6 million) for the complex. The building spans 179,800 sqft; meanwhile, the...

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Read Equinix partners with Nasdaq
Equinix partners with Nasdaq

Equinix partners with Nasdaq

December 16, 2021 Equinix

Equinix has formed a multi-year partnership with Nasdaq, Inc, which will help the company scale its NY11 data center in Carteret, New Jersey. This will also support the build-out of Nasdaq's cloud infrastructure. Tal Cohen, Executive Vice President, Head of North American Markets at Nasdaq, said...

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Read H5 Data Centers expands in Ohio through a data center acquisition
H5 Data Centers expands in Ohio through a data center acquisition

H5 Data Centers expands in Ohio through a data center acquisition

December 15, 2021 H5 Data Centers

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. H5...

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Read New European Clean Hydrogen Partnership announced
New European Clean Hydrogen Partnership announced

New European Clean Hydrogen Partnership announced

December 15, 2021 Equinix

The European Clean Hydrogen Partnership has announced its €2.5 million EcoEdge PrimePower project (E2P2). The tech consortium making up the partnership includes Equinix, InfraPrime, RISE, Snam, SolidPower, TEC4FUELS and Vertiv. Together, they will pursue the development of low-carbon fuel cells,...

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Read 365 Data Centers completes round of debt refinancing
365 Data Centers completes round of debt refinancing

365 Data Centers completes round of debt refinancing

December 14, 2021 365 Data Centers

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 Centers...

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Read Cologix plans to raise $1.1 billion through ABS notes
Cologix plans to raise $1.1 billion through ABS notes

Cologix plans to raise $1.1 billion through ABS notes

December 14, 2021 Cologix

According to Asset Securitization Report, Cologix is planning to raise funds through a $1.1 billion securitization. Cologix will be issuing Asset-Backed Security notes by using proceeds from seventeen properties as backing. According to filings with the Kroll Bond Rating Agency, Deutsche Bank is...

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Read Equinix's PE3 data center launched in Perth, Australia
Equinix's PE3 data center launched in Perth, Australia

Equinix's PE3 data center launched in Perth, Australia

December 10, 2021 Equinix

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...

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Read Equinix expanding into Africa through $320m MainOne acquisition
Equinix expanding into Africa through $320m MainOne acquisition

Equinix expanding into Africa through $320m MainOne acquisition

December 07, 2021 Equinix

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 operation in...

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