Data Center News

Read Equinix surpasses $1bn EBITDA for Q2
Equinix surpasses $1bn EBITDA for Q2

Equinix surpasses $1bn EBITDA for Q2

August 09, 2024 Equinix

Equinix has surpassed a $1 billion EBITDA in Q2 2024 for the first time, reaching $1.036bn. The company Equinix has surpassed a $1 billion EBITDA in Q2 2024 for the first time, reaching $1.036bn. Furthermore, the quarter's results saw operating income up 20 percent compared to the previous...

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Read Equinix announces expansion into the Philippines with three data centers
Equinix announces expansion into the Philippines with three data centers

Equinix announces expansion into the Philippines with three data centers

July 23, 2024 Equinix

Equinix this week announced that it will be entering into the Philippines market after purchasing three facilities from Total Information Management, a local technology solutions provider. This deal comprises three carrier-neutral and interconnection-rich data centers with more than 1,000...

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Read CyrusOne breaks ground on Frankfurt data center
CyrusOne breaks ground on Frankfurt data center

CyrusOne breaks ground on Frankfurt data center

July 20, 2024 CyrusOne

CyrusOne has broken ground on a data center in Frankfurt, Germany known as FRA7. This data center , is currently being constructed on a 63,000 square meter plot at the Frankfurt Westside regeneration project managed by BEOS AG and Swiss Life Asset Managers and is set to consist of two three-story...

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Read CyrusOne secures $687.1m CMBS loan for data center development
CyrusOne secures $687.1m CMBS loan for data center development

CyrusOne secures $687.1m CMBS loan for data center development

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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Read CyrusOne secures billion dollar credit facility for data center expansion
CyrusOne secures billion dollar credit facility for data center expansion

CyrusOne secures billion dollar credit facility for data center expansion

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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Read Ericsson to book impairment charge for Vonage acquisition
Ericsson to book impairment charge for Vonage acquisition

Ericsson to book impairment charge for Vonage acquisition

July 05, 2024 Equinix

Ericsson has confirmed that it will record a noncash impairment charge of 11.4 billion Swedish crowns, which reflects lower anticipated market growth in some of Vonage’s current portfolio."We continue to advance our strategy to build a Global Network Platform for network APIs, which was the...

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Read Telehouse launches from three data centers in Toronto, Canada
Telehouse launches  from three data centers in Toronto, Canada

Telehouse launches from three data centers in Toronto, Canada

June 13, 2024 Telehouse

KDDI-owned Telehouse Canada this week officially launched its first three data centers in downtown Toronto and is now offering services from three carrier-neutral data centers, located at 151 Front Street West, 250 Front Street West, and 905 King Street West."We are the first global leader with...

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Read Equinix announces second data center in Lisbon, Portugal
Equinix announces second data center in Lisbon, Portugal

Equinix announces second data center in Lisbon, Portugal

June 05, 2024 Equinix

Equinix this week announced plans for LS2, a new International Business Exchange (IBX) facility to be located adjacent to Equinix's existing LS1 site. This €50 million project due to open in the first quarter of 2025 will offer 2,050 square meters of colocation space.Carlos Paulino, managing...

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Read Equinix breaks ground in Malaysia with two new data centers
Equinix breaks ground in Malaysia with two new data centers

Equinix breaks ground in Malaysia with two new data centers

May 28, 2024 Equinix

Equinix has now broken ground in Malaysia with two International Business Exchange data centers in Johor (JH1) and Kuala Lumpur (KL1) now serving the company’s customers in Malaysia and across. Jeremy Deutsch, president for Asia-Pacific at Equinix, said: “Malaysia is a cornerstone market and top...

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Read Digital Realty signs new PPAs in France and Spain
Digital Realty signs new PPAs in France and Spain

Digital Realty signs new PPAs in France and Spain

May 24, 2024 Digital Realty Trust

Digital Realty this week announced the signing of several power purchase agreements (PPA) to power its European operations in France and Spain. The company signed a package solar deal comprising three separate 12-year agreements in Spain and two 15-year deals for wind energy in France. Together,...

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Read AtlasEdge names Tesh Durvasula as CEO
AtlasEdge names Tesh Durvasula as CEO

AtlasEdge names Tesh Durvasula as CEO

May 22, 2024 AtlasEdge

European Edge provider AtlasEdge has appointed Tesh Durvasula as CEO to succeed Giuliano Di Vitantonio, who will move into the role of chairman of the AtlasEdge board. “It has been a true privilege to lead AtlasEdge through its first chapter. Since launching in late 2021, we have built a data...

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Read CyrusOne closes $1.175 billion ABS offering
CyrusOne closes $1.175 billion  ABS offering

CyrusOne closes $1.175 billion ABS offering

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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Read Digital Realty launches new cooling colocation offering
Digital Realty launches new cooling colocation offering

Digital Realty launches new cooling colocation offering

May 17, 2024 Digital Realty Trust

Digital Realty this week announced the launch of a direct liquid cooling (DLC) offering, available in 170 Digital Realty data centers globally. The company noted that the offering includes a range of mechanical solutions, such as rear door heat exchangers (RDHx) and DLC, offering power densities...

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Read Digital Realty launches new data center in Japan
Digital Realty launches new data center in Japan

Digital Realty launches new data center in Japan

May 10, 2024 Digital Realty Trust

Digital Realty has broken ground on a new data center outside Tokyo, Japan, marking its third data center at the NRT campus in Inzai, Chiba prefecture. This new 31MW facility, known as NRT14, will be configurable to support private AI deployments at densities up to 70kW per rack via air-assisted...

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Read BT Group powers up repurposed EV charger in UK
BT Group powers up repurposed EV charger in UK

BT Group powers up repurposed EV charger in UK

May 01, 2024 BT Global Services

UK telecoms firm BT has installed its first electric vehicle (EV) charge point repurposed from one of its old street cabinets which was traditionally used to store broadband and phone cabling. This repurposed charger forms part of a nationwide pilot by the business’ start-up incubation hub,...

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Read Equinix signs new solar PPAs in Singapore
Equinix signs new solar PPAs in Singapore

Equinix signs new solar PPAs in Singapore

April 29, 2024 Equinix

Colocation firm Equinix has signed long-term Power Purchase Agreements (PPAs) to procure renewable energy in Singapore fromSembcorp Industries. Following the agreements, Sembcorp Power will supply a maximum capacity of 75MWp from its solar assets and 30MW from its gas-power generation portfolio...

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Read AtlasEdge plans expansion into Portugal
AtlasEdge plans expansion into Portugal

AtlasEdge plans expansion into Portugal

April 25, 2024 AtlasEdge

European Edge firm AtlasEdge announced this week that it is planning to develop data centers in Portugal and has ebtered the market with the acquisition of two adjacent sites in Lisbon that will deliver more than 20MW of IT load. “Our entry into the Portuguese market provides us with a key...

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Read Digital Realty to partner with Enel X for grid balancing UPS systems
Digital Realty to partner with Enel X for grid balancing UPS systems

Digital Realty to partner with Enel X for grid balancing UPS systems

April 24, 2024 Digital Realty Trust

Digital Realty has revealed that it will be partnering with energy firm Enel X to roll out grid-balancing UPS systems in Ireland. The integrated battery banks, housed within Digital Realty’s Irish data centers, will relieve grid dependence on fossil fuel power plants during periods of frequency...

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Read Colt DCS plans expansion of planned data center in Hayes
Colt DCS plans expansion of planned data center in Hayes

Colt DCS plans expansion of planned data center in Hayes

April 17, 2024 Colt Data Centre Services

Colt DCS, a company which provides hyperscale and large enterprise data center solutions, is set to double the size of its planned data center campus in Hayes, West London, after acquiring a fresh parcel of land. A Colt DCS statement said: “This will make the entire site one of the largest in the...

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Read Lumen secures new contract from GAO
Lumen secures new contract from GAO

Lumen secures new contract from GAO

April 15, 2024 Lumen Technologies

Lumen Technologies has secured a contract worth about $73.6 million from the US Government Accountability Office (GAO) under the General Services Administration's Enterprise Infrastructure Solutions (EIS) program. This multi-million dollar contract will see Lumen modernize network, data, voice,...

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