Data Center News

EdgeConneX secures $3.3 Billion in sustainability-linked financing

EdgeConneX has announced that it has successfully executed $3.3 billion in “innovative” sustainability-linked financing, which it said will enable the development of critical digital infrastructure to support customers' global data center requirements. For this, JGlobal awarded the company wi...

March 29, 2023

EdgeConneX

EdgeConnex plans another data center in Miami, Florida

EdgeConnex is reportedly planning a third data center in Miami, Florida, after acquiring a 6.250-acre plot of land. According to a report by BizJournal, this facility will be a two-story data center and located on the southwest corner of Northwest 106th Street and Northwest 112th Avenue.A pre...

January 12, 2023

EdgeConneX

Adani, EdgeConneX JV AdaniConneX begin operations at hyperscale data center in Chennai

AdaniConneX, the joint venture between EdgeConneX and Adani Enterprises, has launched its first data center in Chennai, Chennai 1 Data Center. Its first phase will reportedly offer 17MW and 33MW of IT load at full build-out.“The wait is over! We proudly announce that our state-of-the-art Chenn...

November 09, 2022

EdgeConneX

Lumen To Sell its EMEA Operation to Colt For $1.8 Billion

Lumen has announced that it will sell its Europe, Middle East, and Africa (EMEA) operations to Colt in a $1.8 billion deal. The deal will see Lumen divest its EMEA business, including its data centers, terrestrial and subsea networks, and network equipment in the EMEA region, to Colt. The deal...

November 07, 2022

Lumen Technologies

EdgeConneX secures $150 Million in Sustainability-linked Financing for its Latin America expansion

EdgeConneX has reportedly secured $150 million in sustainability-linked financing for its expansion in Latin America. This follows the company obtaining a series of sustainability-linked financings earlier in 2022 totaling $1.7 Billion.The loan facility promotes EdgeConneX's sustainability ob...

October 18, 2022

EdgeConneX

EdgeConneX announces expansion plans in the Philippines

EdgeConneX has announced a partnership with Aboitiz, a local firm in the Philippines, alongside its plans to build two data centers around Manila; one near the National Capital Region of Manila and the second in the Greater Manila Area.Speaking about the partnership, Sabin Aboitiz, President,...

October 07, 2022

EdgeConneX

T-Mobile Sells Data Center and Wireline Business to Cogent for $1

Cogent Communications Holdings has acquired T-Mobile’s wireline business for $1 billion. In addition, T-Mobile expects to have a pre-tax charge of $1 billion from selling the unit to Cogent. T-Mobile will also pay Cogent $350m in the first 1 year of closing the deal and another $350m over the ...

September 26, 2022

Cogent Communications

Sustainable financing for EdgeConneX

EdgeConneX has announced that it has secured $1.7 billion in sustainability-linked debt financing, including the company's first-ever Asset-Backed Securitization (ABS) and multi-currency term loan (ESG Term Loan). The company will reportedly use this to finance its growth and keep up with eve...

June 23, 2022

EdgeConneX

Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility

Stonerock Capital Partners and Triple Double have completed the acquisition of two properties in downtown Miami. The properties are located at 200 SE 1st Street and 44 W. Flagler Street. They paid $56.7 million for both properties. The 200 SE 1st property is a 12-story, 13,200 square meter ...

May 09, 2022

Cogent Communications

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

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

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

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

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

Lumen pays $275,000 to DoJ for contacting former customers it divested

Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed...

September 07, 2021

Lumen Technologies

EdgeConneX agrees to acquire Israel's Global Data Center

EdgeConneX will be acquiring Israeli-based Global Data Center (GDC). Global Data Center was founded in 2013, and it operates two data centers in Petah Tikva and Herzliya, near Tel Aviv. The Petah Tikva and Herzliya facilities have 64,600 square feet and 48,400 square feet, respectively. GDC...

August 17, 2021

EdgeConneX

Lumen divests CenturyLink ILEC assets

Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business incl...

August 06, 2021

Lumen Technologies

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team...

July 28, 2021

Lumen Technologies

First 1 2 3 Last

Ready to Level up Your
Data Center Strategy?

Message Us Book Consultation