Data Center News

Sixth Street acquires minority stake in EdgeConneX

Investment firm Sixth Street has acquired a minority stake in data center firm EdgeConneX from EQT as both companies announced that the EQT Infrastructure IV and V funds have signed an agreement to sell a minority stake in EdgeConneX to funds managed by Sixth Street. Infrastructure will remain...

September 24, 2024

EdgeConneX

Data center firms announce $5bn data center JV for CoreWeave

Data center firms Chirisa and PowerHouse are partnering with asset manager Blue Owl for a multi-billion-dollar joint venture to build data centers for AI cloud firm CoreWeave. The agreement is intended as the first stage of a partnership with capacity to deploy up to $5 billion of capital for...

September 01, 2024

Chirisa Investments

Blackstone claims a data center portfolio of $55bn

Investment management company Blackstone in its latest earnings call mentioned that it has more than $70 billion in prospective data center pipeline development and over $70 billion in prospective data center pipeline development. CEO Stephen Schwarzman said that "the consequences of AI are as...

July 25, 2024

QTS Data Centers

Aligned to proceed with stalled data center camps at Maryland

Aligned Data Centers has revealed its plans to proceed with its previously halted data center campus in Maryland after recent regulatory changes. around backup generators, easing restrictions for data center firms. With this move, Aligned will now be moving ahead with its plans for a campus i...

May 24, 2024

Aligned

Lumen secures new contract from GAO

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...

April 15, 2024

Lumen Technologies

EdgeConneX secures $1.9 billion sustainable-tied financing

This week, EdgeConneX announced it had secured an additional $1.9 billion in sustainability-linked financing to support its EMEA expansion. The company mentioned that this financing consolidates it’s portfolio across EMEA, transitioning it from “stand-alone project-based funding to a more robu...

April 12, 2024

EdgeConneX

Verizon kickstarts construction of new cell tower in Texas

Verizon has started construction of a new cell tower at Fort Bliss Army Post in El Paso, Texas. This tower will be constructed by Boldyn Networks and will provide connectivity to service military personnel in Texas and New Mexico. “Verizon supports our military partners through a number of in...

February 21, 2024

Verizon Enterprise

Aligned Data Centres unveils new liquid cooling system

Data center firm Aligned recently unveiled a new liquid cooling system designed to support high-density compute requirements and supercomputers and can cool densities up to 300kW per rack. This cooling system, called DataFlow is said to be a turnkey solution which supports current and future ...

January 16, 2024

Aligned

EQT Infrastructure partners with EdgeConneX to develop hyperscale facility

Investment firm EQT’s Infrastructure VI fund has invested in EdgeConneX to build and operate purpose-built data centers for hyperscale customers around the world, expanding the company into new markets. Terms of this investment were not shared. However, EQT noted that this investment by EQT In...

January 09, 2024

EdgeConneX

US colocation firm Involta appoints new CEO

US colocation firm Involta has appointed a new CEO, Brett Lindsey to replace Jim Buie, who was at the company for six years. Lindsey previously served as CEO at US fiber provider Everstream, expanding its fiber network from Cleveland across ten states in the midwest as a telecoms executive. In...

January 04, 2024

Ark

Involta purchases land for 20MW campus in Wisconsin

US colocation player Involta recently acquired a plot of land with an existing data center in Green Bay, Wisconsin, to build multiple buildings on the 24.5-acre site, extending the current footprint to up to 20MW. Bruce Lehrman, founder and vice chairman of the Board of Directors for Involta s...

December 23, 2023

Ark

Involta plans Tuscon data center expansion

US data center operator Involta recently revealed plans to expand its Tucson facility in Arizona at the 38,000 square feet to 1MW. This facility located at 1215 East Pennsylvania Street was launched in January this year. It currently offers capacity for 600 racks across 20,000 sq ft of technic...

December 19, 2023

Ark

County’s planning staff recommends denial of massive data center project again

The Prince William County staff have again recommended the denial of all three rezoning requests associated with the PW Digital Gateway data center project. This comes after two rejections of the rezoning requests by QTS and Compass in recent months. County staff said in a report, “At this po...

December 13, 2023

Compass Datacenters

ATC Kenya demands $3.2 million down payement from Telkom to turn tower sites back on

American Tower Corporation Kenya (ATC Kenya) has demanded a down payment of KES500 million ($3.26m) and KES150m ($978k) per month from Telkom Kenya to turn back on mast sites it switched off earlier this year. Reports note that ATC had turned off 246 mast sites seven months ago and is yet to ...

December 06, 2023

American Tower Corporation

DataBank raises capital for new data centers

DataBank has raised $533 million of capital to build new data centers through debt and equity. This brings the total funds raised by the company this year to $1.6 billion, with $715 million of secured notes issued in February and a $350 million credit facility announced later in March. DataBa...

November 29, 2023

DataBank

H5 expands its San Antonio data center

H5 this week announced the phase three expansion of its 100 Taylor Street facility, adding an additional 340 cabinets and up to 1.5MW of additional UPS capacity. This site, located at 100 Taylor Street, was acquired by H5 in 2018 and was previously owned by the Texas ISP Taylor Telecom. It is...

November 21, 2023

H5 Data Centers

DataBank plans 192MW data center facility in Virginia

DataBank announced it has acquired 85 acres of land in Culpeper, Virginia, to construct a new data center campus, which will host up to three two-story data centers offering 1.4 million square feet of space. The new facility will use DataBank’s recently announced Universal Data Hall Design (UD...

November 16, 2023

DataBank

American Tower enters partnership with MTN Nigeria

American Tower's African subsidiary, ATC Africa, recently signed a communication agreement with MTN Nigeria focused on 'driving sustainable networks.' Following this agreement, ATC Africa will facilitate new tenancies for MTN Nigeria over a multi-year period, starting in the second half of nex...

November 15, 2023

American Tower Corporation

US Defense Information Systems Agency awards $110 million contract to Lumen

The US Defense Information Systems Agency has awarded Lumen Technologies a $110 million contract to provide mission-critical network services to the US Department of Defense (DoD). This contract has a timeline of five years, from November 30, 2023, through September 30, 2028. This contract is...

November 10, 2023

Lumen Technologies

QTS acquires Netherlands-based data center management firm Zentrys

US data center firm QTS recently purchased Dutch data center management and operations company Zentrys. QTS intends to bring Zentrys employees on board over the next year and integrate the newly purchased company with its technology and processes. Chad Williams, CEO of QTS, said, "We welcome ...

November 08, 2023

QTS Data Centers

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