Data Center News

Digital Realty extends credit facility

Digital Realty this week announced that it has amended, extended, and upsized its existing $3.75 billion senior unsecured multi-currency global revolving credit facility to $4.2 billion. The maturity date was extended by three years and total availability was expanded by $450 million which no...

October 03, 2024

Digital Realty Trust

The U.S. Department of Homeland Security has awarded a colocation contract to Equinix.

The US Department of Homeland Security (DHS) has awarded Equinix a contract for colocation services for its Homeland Security Enterprise Network.Published on SAM.gov on September 17, the tender called for "power, connectivity and related operations and maintenance," adding that the services wi...

September 25, 2024

Equinix

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

Data center firms announce $5bn data center JV for CoreWeave

Data center firms Chirisa and PowerHouse are partnering with asset manager Blue Owl for a multi-billion-dollar joint venture to build data centers for AI cloud firm CoreWeave. The agreement is intended as the first stage of a partnership with capacity to deploy up to $5 billion of capital for...

September 01, 2024

Chirisa Investments

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

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

CyrusOne breaks ground on Frankfurt data center

CyrusOne has broken ground on a data center in Frankfurt, Germany known as FRA7. This data center , is currently being constructed on a 63,000 square meter plot at the Frankfurt Westside regeneration project managed by BEOS AG and Swiss Life Asset Managers and is set to consist of two three-st...

July 20, 2024

CyrusOne

CyrusOne secures $687.1m CMBS loan for data center development

CyrusOne this week announced it secured a $687.1 million Single Asset Single Borrower (SASB) CMBS loan for CyrusOne’s DFW1 data center. This data center offers 90MW across 670,000 square feet of technical space and seven data halls and the site was upgraded to water-free chillers in 2020. Er...

July 18, 2024

CyrusOne

CyrusOne secures billion dollar credit facility for data center expansion

Data center firm CyrusOne this week announced the closing of a $7.9 billion Warehouse Credit Facility incremental to the $1.8 billion Revolving Credit Facility financing completed in May, providing the company with approximately $9.7 billion of additional debt capital raised.“The successful cl...

July 09, 2024

CyrusOne

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

Crown Castle changes focus to small cells as building towers

Crown castle which operates more than 40,000 towers, has acknowledged that it's become more difficult to build new infrastructure. This is due to opposition from residents and the fact that some municipalities don't want more telecom masts at all."It's generally because it's very difficult to ...

June 12, 2024

Crown Castle

CoreWeave to launch data centers in mainland Europe

Quantum computing startup Atom Computing has secured a funding investment of 70 million DKK ($10.21 million) from the Danish government. State-owned EIFO, the national promotional bank and export credit agency of Denmark. Invest in Denmark, also involved in the deal, is part of the Ministry of...

June 10, 2024

CoreWeave

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

Core Scientific rejects acquisition offer from CoreWeave

Cryptomine and HPC hosting firm Core Scientific has rejected an acquisition offer from GPU provider CoreWeave after confirming that it received an unsolicited non-binding proposal from CoreWeave on June 3 to acquire all of the outstanding shares of the company on a fully diluted basis for $5.7...

June 03, 2024

CoreWeave

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

Cologix completes latest data center in Columbus, Ohio

Cologix, this week announced the completion of COL4. Set on a seven-acre campus, the facility spans 256,000 square feet, offering 50MW across three data halls.“Over 10 years ago, we recognized Columbus’ importance as a technology hub for growing companies and decided to enter this market,” sai...

May 22, 2024

Cologix

CyrusOne closes $1.175 billion ABS offering

CyrusOne has closed its $1.175 billion Series 2024-2 and 2024-3 funding round, classified as a Secured Green Collateral Bond, and is the largest ABS issuance since 2021. Series 2024-2 is expected to mature in five years, while Series 2024-3 is expected to mature in seven.Eric Schwartz, CEO of ...

May 18, 2024

CyrusOne

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