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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June 27, 2024 New York
Metrobloks, a new data center startup focused on metro projects this week announced an oversubscribed $5.2 million seed round led by Current Equity Partners with the backing of Serena Capital. The company noted that it designs, deploys, and operates modular and scalable data centers in...
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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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February 09, 2024 New York State
Aqua Comms has entered an agreement with Energy Sciences Network (ESnet) that for 25 percent of a fiber pair between New York, Dublin, and London. This agreement will last for 15 years and will give ESnet a dedicated 5Tbps data pipe on its AEC-1 subsea cable to accommodate data traffic from those...
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December 01, 2023 CyrusOne
CyrusOne has just launched its fifth data center in Frankfurt, FRA5 located in Hanau, 25km east of Frankfurt's city center. This new campus, spanning 18,000 square meters across two buildings will offer 54MW of IT capacity. The launch ceremony hosted by Carsten Schneider was attended by Lord...
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November 16, 2023 CyrusOne
Colocation company CyrusOne recently completed the shell and core of its first data center in Spain and threw a traditional flag-flying ceremony to celebrate it. The MAD1 facility, situated on a five-acre site, is a two-story facility with an IT capacity of 18MW across 6,000 square meters. This...
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November 15, 2023 CyrusOne
Colocation company CyrusOne has filed with the Texas Department of Licensing and Regulation to build a new data center for the 'CyrusOne SAT 8 & 9' project in San Antonio, Texas. The application notes that the company intends to invest $15 million in building a two-story data center and...
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October 26, 2023 New York
Quantum computing firm D-Wave is facing delisting from the New York Stock Exchange over its low stock price for the second time this year. The company announced this week that it received a notice from the NYSE that it is not in compliance with listing requirements as the average closing price of...
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September 08, 2023 CyrusOne
CyrusOne is required to construct a new data center in Frankfurt, Germany. Last week, the company unveiled plans for its seventh data center facility in Frankfurt, designated FRA7 and situated on a 678,125-square-foot plot in the Frankfurt Westside business park. The development will include two...
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August 30, 2023 CyrusOne
CyrusOne has announced the launch of an AI-specific built-to-suit data center design, which it says has been developed specifically to address the “rapidly growing needs of AI applications and services.”The company notes that the Intelliscale data center is built on an ultra-high-density...
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August 23, 2023 CyrusOne
CyrusOne has applied to the South Dublin County Council for permission to construct a new data center in the Grange Castle Business Park in the Irish capital. The application, submitted on July 14, calls for the demolition of a one-story home called "Erganagh" and the erection of a three-story...
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July 07, 2023 CyrusOne
CyrusOne has announced its plans to build its next data center in Frankfurt, Germany. Named FRA6, the facility is located in Germany’s “Digital City” and will offer a total IT capacity of 72 MW delivered over four floors, with each level offering 18 MW. The company shared that the acquired...
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July 04, 2023 CyrusOne
To obtain planning approvals for a data center in Paris, France, CyrusOne had to fight a legal battle. The Versailles Administrative Court overturned the local mayor's orders to prevent the issuance of two building permits. The company intends to convert a former logistics facility in the...
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July 03, 2023 New York
In New York City, Brooklyn, a bathhouse and spa named Bathhouse has shared that it is now heating its pools with mining, with the water from the pool, then going on to cool the hardware. The bathhouse and spa also Bitcoin payments. The company shared the news in an Instagram post: "Enjoy a hot...
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May 23, 2023 CyrusOne
Earlier this month, PowerHouse Data Centers announced a 30-year lease agreement with CyrusOne, for a spec-built data center, ABX-1, located in Ashburn, Virginia. The company shared that substantial completion of the data center, a two-story, 265,000 SF powered shell, is scheduled for October....
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May 23, 2023 CyrusOne
CyrusOne has announced its partnership with Japanese energy firm Kansai Electric Power Company, Inc. (KEPCO) for the development of new data centers across Japan. The 50:50 joint venture, called CyrusOne KEP, will see at least one trillion yen ($7 billion) invested in the project over the next...
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May 17, 2023 New York
AT&T has announced its plans to procure solar energy from five projects in Upstate New York from DSD Renewables (DSD). The deal will see AT&T serve as an anchor tenant subscriber for a five-project community solar portfolio; the company will offtake 15.5MW of the larger 24.1MW portfolio....
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April 20, 2023 CyrusOne
Asset-backed securities totaling $701 million will be backed by real estate and tenant contracts for space and electrical capacity in five finished and operational data centers in Texas and Virginia. According to a pre-sale assessment from S&P Global Ratings, the CyrusOne Data Centers, 2023-1...
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March 16, 2023 Buffalo
The University at Buffalo School of Management (UB) has announced that recent research has discovered a strategy to conserve data center energy consumption and optimize processing performance. It found that data center managers can reduce energy consumption 10-30%. This can be done, the...
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