September 17, 2024 Equinix
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 initiatives...
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September 01, 2024 Chirisa Investments
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...
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August 17, 2024 Equinix
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. Peter...
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August 09, 2024 Equinix
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...
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July 25, 2024 QTS Data Centers
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...
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July 23, 2024 Equinix
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...
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July 20, 2024 CyrusOne
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-story...
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July 18, 2024 CyrusOne
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. Eric...
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July 09, 2024 CyrusOne
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...
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July 05, 2024 Equinix
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...
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June 12, 2024 Crown Castle
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...
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June 10, 2024 CoreWeave
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...
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June 05, 2024 Equinix
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...
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June 03, 2024 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 $5.75...
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May 28, 2024 Equinix
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 top...
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May 24, 2024 Digital Realty Trust
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. Together,...
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May 22, 2024 Cologix
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,” said...
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May 18, 2024 CyrusOne
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...
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May 17, 2024 Digital Realty Trust
Digital Realty this week announced the launch of a direct liquid cooling (DLC) offering, available in 170 Digital Realty data centers globally. The company noted that the offering includes a range of mechanical solutions, such as rear door heat exchangers (RDHx) and DLC, offering power densities...
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May 17, 2024 Crown Castle
Proxy firm Glass Lewis has publicly urged Crown Castle shareholders to vote for two activist director candidates, including the company's co-founder and former chief executive officer, Ted Miller, to the board, along with former CFO Charles Green. Furthermore, Glass Lewis also told shareholders...
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