Data Center News

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

Metrobloks raises $5.2 million in funding round

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 underse...

June 27, 2024

New York

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

Aqua Comms signs new agreement with Energy Sciences Network for fiber pair

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 th...

February 09, 2024

New York State

CyrusOne launches fifth data center in Frankfurt

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 ...

December 01, 2023

CyrusOne

CyrusOne completes its first data center in Spain

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. Thi...

November 16, 2023

CyrusOne

CyrusOne files to invest $15m in new San Antonio data center

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 of...

November 15, 2023

CyrusOne

Quantum computing firm D-Wave faces delisting from NYSE again

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...

October 26, 2023

New York

CyrusOne proposes seventh data center in Frankfurt

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 t...

September 08, 2023

CyrusOne

CyrusOne launches new AI-specific built-to-suit data center design

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 found...

August 30, 2023

CyrusOne

CyrusOne requests approval for a Dublin data center

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...

August 23, 2023

CyrusOne

CyrusOne announces plans for new Frankfurt data center

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 Eu...

July 07, 2023

CyrusOne

French court reverses injunction against CyrusOne's Paris data center construction

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 Vill...

July 04, 2023

CyrusOne

Circularity controversy: Bitcoin operations heats bathhouse in Brooklyn

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...

July 03, 2023

New York

PowerHouse Data Centers signs lease agreement with CyrusOne for ABX-1 Data Center Powered Shell

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.A...

May 23, 2023

CyrusOne

CyrusOne announces new Japan data center venture with Kansai Electric Power Company

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 nex...

May 23, 2023

CyrusOne

AT&T inks 15.6MW solar deal in 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 portfoli...

May 17, 2023

New York

CyrusOne Data Centers is Getting Ready to Issue CMBS Worth $701 million

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, 202...

April 20, 2023

CyrusOne

New University at Buffalo School of Management research devises data center energy conservation strategy

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 resear...

March 16, 2023

Buffalo

Construction Of a Data Center By CyrusOne Has Begun In Quincy, Washington

CyrusOne is building a data center in Quincy, Washington. The corporation has a 45-acre block of land in the city of Washington State and has made it known that it intends to construct a campus there with built-to-suit buildings and a capacity of up to 96MW. The Columbia Basin Herald noted ...

February 20, 2023

CyrusOne

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