Data Center News

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

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

July 21, 2021 1025Connect

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...

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

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

July 16, 2021 Digital Realty Trust

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...

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

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

July 16, 2021 Digital Realty Trust

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. Its...

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Read Sabey Data Centers issues $175 million in securitized notes
Sabey Data Centers issues $175 million in securitized notes

Sabey Data Centers issues $175 million in securitized notes

July 10, 2021 Sabey Data Centers

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 to...

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Read Comcast Business forms partnership with Sabey Data Centers
Comcast Business forms partnership with Sabey Data Centers

Comcast Business forms partnership with Sabey Data Centers

June 24, 2021 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...

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Read Sabey secures $250 million refinancing deal for 375 Pearl Street
Sabey secures $250 million refinancing deal for 375 Pearl Street

Sabey secures $250 million refinancing deal for 375 Pearl Street

June 20, 2021 Sabey Intergate.Manhattan

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 will...

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Read Equinix promises to cut emissions by 50 percent before 2030
Equinix promises to cut emissions by 50 percent before 2030

Equinix promises to cut emissions by 50 percent before 2030

June 17, 2021 Equinix

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...

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

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

June 17, 2021 Digital Realty Trust

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 consumption...

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

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

June 15, 2021 Equinix

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...

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Read Digital Realty considering $300 million Singapore Trust IPO
Digital Realty considering $300 million Singapore Trust IPO

Digital Realty considering $300 million Singapore Trust IPO

June 10, 2021 Digital Realty Trust

According to a report from Bloomberg, Digital Realty is considering an Initial Public Offer (IPO) of a Singaporean trust that could raise between $300 million to $400 million. The report says Digital Realty is working with its advisers on the listing, and they are looking to conclude the IPO...

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Read Valterra Partners & 1547 CSR acquire Miami-based ColoHouse
Valterra Partners & 1547 CSR acquire Miami-based ColoHouse

Valterra Partners & 1547 CSR acquire Miami-based ColoHouse

June 09, 2021 1547 Critical Systems Realty (fifteenfortyseven)

Valterra Partners LLC and Fifteenfortyseven Critical Systems Realty LLC have acquired ColoHouse, a managed service provider with headquarters in Miami, Florida. Valterra Partners is an equity firm, while Fifteenfortyseven Critical Systems Realty is a data center Company. The deal also includes...

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Read Google to migrate parts of YouTube to Google Cloud
Google to migrate parts of YouTube to Google Cloud

Google to migrate parts of YouTube to Google Cloud

June 04, 2021 Google

Google has decided to migrate some of its YouTube infrastructure to its own Google Cloud Service. Initially, many of Google’s key services like YouTube and its search engine are being hosted on internal infrastructure that isn’t Google Cloud Computing Service (GCP). Thomas Kurian, CEO of Google...

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Read DivcoWest acquires New York carrier hotel in New York; H5 will manage interconnection and colocation
DivcoWest acquires New York carrier hotel in New York; H5 will manage interconnection and colocation

DivcoWest acquires New York carrier hotel in New York; H5 will manage interconnection and colocation

June 01, 2021 H5: 325 Hudson Street

DivcoWest, a real estate investment firm based in San Francisco, has announced that it has acquired a 10-story, mixed-used building carrier hotel from Jamestown Properties for $135 million. The building is located at 325 Hudson St., in Hudson Square. In concert with this transaction, H5 Data...

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Read Telia Company's divestment of Telia Carrier completed
Telia Company's divestment of Telia Carrier completed

Telia Company's divestment of Telia Carrier completed

June 01, 2021 Telia Company

STOCKHOLM, June 1, 2021 /PRNewswire/ -- Telia Company has today completed the divestment of Telia Carrier to Polhem Infra as all conditions, including regulatory approvals, have been met. On October 6, 2020, Telia Company announced the divestment of its subsidiary Telia Carrier to Polhem Infra,...

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Read 365 Data Centers Appoints Steve Oakie as Chief Revenue Officer
365 Data Centers Appoints Steve Oakie as Chief Revenue Officer

365 Data Centers Appoints Steve Oakie as Chief Revenue Officer

May 26, 2021 365 Data Centers

365 Data Centers has announced that it has appointed Steve Oakie as Chief Revenue Officer. With over 20 years of experience leading technology sales and marketing teams, Oakie will be responsible for revenue generation and retention and driving long-term customer and partner relationships. He...

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Read Digital Realty Completes Acquisition Of Ascenty (Press Release)
Digital Realty Completes Acquisition Of Ascenty (Press Release)

Digital Realty Completes Acquisition Of Ascenty (Press Release)

May 20, 2021 Digital Realty Trust

SAN FRANCISCO, May. 20, 2021 -- Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, announced today its Brazilian subsidiary, Stellar Participações Ltda., has completed the previously announced acquisition of Ascenty, the leading data...

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Read Google opens quantum computer data center and R&D lab, plans commercial system by 2029
Google opens quantum computer data center and R&D lab, plans commercial system by 2029

Google opens quantum computer data center and R&D lab, plans commercial system by 2029

May 19, 2021 Google

Google just opened its new Quantum campus, which houses its quantum computers and serves as a Research and Development lab for future developments. The latest data center campus is located in Santa Barbara County, California. Google is also planning to spend billions of dollars on building a...

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Read Google plans to use greener energy by moving workloads between data centers
Google plans to use greener energy by moving workloads between data centers

Google plans to use greener energy by moving workloads between data centers

May 18, 2021 Google

Google will be moving workloads to data centers where renewable energy is available to boost renewable energy usage. Ross Koningstein, Co-founder of Google’s Carbon Intelligence Computing program, said that shifting compute tasks across locations is the Company’s first step in carbon-aware...

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Read Google Cloud and SpaceX's Starlink to Deliver Secure, Global Connectivity
Google Cloud and SpaceX's Starlink to Deliver Secure, Global Connectivity

Google Cloud and SpaceX's Starlink to Deliver Secure, Global Connectivity

May 15, 2021 Google

Google Cloud and SpaceX have announced that they have entered a new partnership which will see SpaceX's Starlink begin to locate its satellite ground stations within Google data centers. Together, through the partnership, the two firms will deliver cloud services, data and applications to...

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Read Equinix is Exiting Eight Leased Data Centers In The US
Equinix is Exiting Eight Leased Data Centers In The US

Equinix is Exiting Eight Leased Data Centers In The US

May 10, 2021 Equinix

Equinix has announced that it would not be renewing the leases for eight of its data centers in the US. The data centers are situated in New York, Georgia, and some in California and Atlanta. Equinix commented that the reason for the development is that some of the facilities don’t meet the...

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