Data Center News

Equinix files application for data centers in Clondalkin, Ireland

Equinix filed for permission to build a data center in Profile Park, Clondalkin, Ireland. The Company filed for permission to build a three-story data center in July. It is going to call the facility DB8. The facility will be built within a 2.65 hectare of land. The facility will also have ...

August 25, 2021

Equinix

Google to expand its New Albany data center campus in Ohio

Google has announced that it will expand its New Albany data center campus in Ohio with an injection of $1 billion. It first broke ground on the campus back in 2019, and the project has seen $600 million of investment already. On top of its capacity expansion at the New Albany campus, the tec...

August 20, 2021

Google

Equinix secures a cheaper, green future

The Australian Competition and Consumer Commission (ACCC) recently granted a group of businesses led by Equinix the right to form a renewable energy purchasing group. This formation will allow the group, which includes Nike, H&M, HSBC Bank, and Goldman Sachs, to negotiate access to cheaper...

August 18, 2021

Equinix

The future of data center back-up energy

With more and more data center companies committing to climate change initiatives, the industry is also looking at how it can make backup energy more sustainable too. For decades, diesel has served as the primary fuel for traditional backup generators - however, diesel fuels, whilst getting cl...

August 06, 2021

Microsoft Azure

Tackling data centers' cooling issues

According to the principles of Moore’s law, technology will double in its capacity every two years. Although on the technological advancement front this is great news, with increased computer power comes challenges. The main challenge being increased excess heat and the need to cool it. A numb...

August 06, 2021

Microsoft Azure

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

Apple and Google rally against Ireland's proposed moratorium on new data centers

Last month, the People Before Profit party in Ireland proposed an amendment to the Planning and Development act, to place a moratorium on new data centers being built. This proposal follows Ireland's Commission for Regulation of Utilities (CRU), launching a consultation on data center grid con...

July 28, 2021

Google

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

DataBank purchases existing building for fifth data center in Denver

DataBank has announced that it has purchased an existing land and building in Denver. The land and building acquired would be DataBank’s home for its fifth data center in Denver. This facility is located at 6961 S. Quentin Street in Centennial, CO. DataBank says the facility will help it me...

July 27, 2021

DataBank

Largest Data Center Funding Deals In Q2 of 2021

The data center industry is a multibillion-dollar industry. According to Gartner, end-user spending on data center infrastructure for 2020 was $188 billion, a 10.3% decrease from 2019’s spending. With these figures, we can reach a consensus that there’s a massive market available for data cent...

July 24, 2021

Equinix

Equinix strives to balance expansion with its eco targets

Back in June, Equinix committed to becoming climate-neutral by 2030; however, alongside this pledge, in recent years, it has undergone significant growth. Moreover, its environmental metrics reveal that between 2018-19, the company’s scope 1 and 2 GHG emissions, carbon intensity, and energy ...

July 23, 2021

Equinix

A carbon-neutral future: Which companies are committing and delivering?

In 2021, data centers are responsible for 2% of the world’s CO2 emissions, equivalent to the entire airline industry worldwide. It has also been forecast that by 2025, data centers could consume up to one-fifth of Earth’s power.Increasingly, data center companies are waking up to the fact that...

July 21, 2021

Amazon AWS

Digital Realty and Brookfield team up to develop data centers in India

Digital Realty has announced that it has entered into a 50/50 joint venture agreement with Brookfield Infrastructure to develop data centers in India. The brand name of the joint venture is BAM Digital Realty.Although precise details around the project are yet to be released, reports indicate...

July 16, 2021

Digital Realty Trust

Digital Realty is meeting green targets according to third annual ESG report

According to its latest ESG report, Digital Realty is meeting its sustainability targets in the push for carbon-neutrality. The company, as part of the Science-Based Target Initiative (SBTi), has committed to reducing its Scope 1 and 2 emissions by 68% and Scope 3 emissions by 24% by 2030. It...

July 16, 2021

Digital Realty Trust

Sabey Data Centers issues $175 million in securitized notes

Sabey Data Centers announced that it has raised $175 million by issuing securitized notes at a coupon rate of 1.881%. By offering the notes at 1.881%, Sabey has set a record for the lowest new issue spread to benchmark rates. Also, Sabey Data Centers says it is the only data center issuer t...

July 10, 2021

Sabey Data Centers

Comcast Business forms partnership with Sabey Data Centers

Through the partnership, the telecommunications conglomerate will integrate its connectivity into data centers in Tukwila and Quincy, which will give businesses a private connection to regional Sabey data centers. According to Comcast, the move will help businesses in the local area provide be...

June 24, 2021

Sabey Data Centers

Sabey secures $250 million refinancing deal for 375 Pearl Street

Sabey has secured a $250 million refinancing deal for its office and data center at 375 Pearl Street, New York City. According to Commercial Observer, J.P. Morgan and Wells Fargo will be providing a $220 million, 10-year, fixed-rate CMBS loan and a further $30 million mezzanine debt. Sabey ...

June 20, 2021

Sabey Intergate.Manhattan

Equinix promises to cut emissions by 50 percent before 2030

Equinix has promised that it would reduce its emissions by 50% before 2030. It would also be reducing emissions created by its electricity supply by 50% before 2030. This promise comes few days after Greenpeace criticized the Company for not having trustworthy timelines on the use of renewable...

June 17, 2021

Equinix

50% of Digital Realty's global data center portfolio is now powered by green energy

Digital Realty has announced in its third ESG report that half of its global data center portfolio is now powered by green energy. It did this by increasing the portfolio of its data centers being powered by renewable energy by 20% in 2020. Impressively, it also increased its energy consump...

June 17, 2021

Digital Realty Trust

Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program

Equinix has announced that it has signed agreements for additional joint ventures with GIC, Singapore's sovereign wealth fund, which will add $3.9 billion to expand its data center program.The agreements come in the form of limited liability partnerships with GIC. The close, which is expected...

June 15, 2021

Equinix

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