Data Center News

Iron Mountain Completes Acquisition of XData in Spain, Gets One Data Center in Madrid

Iron Mountain has announced the acquisition of XData Properties of Spain. The acquisition sees the company take over a data center in Madrid, Spain. Iron Mountain also acquired land in Phoenix, Arizona, and Mumbai, India in a separate acquisition . XData was developing the large data center be...

November 04, 2022

Iron Mountain

DataBank launches Salt Lake City data center

DataBank has announced the opening of its latest Salt Lake City data center, SLC6. According to the company, the facility was built to meet the growing demand for increased capacity and mission-critical IT infrastructure.“We are pleased to open this new facility, providing additional capacity...

October 27, 2022

DataBank

IMCO Pumps $450 million in DataBank

The Investment Management Corporation of Ontario (IMCO) will invest around US$450m in DataBank. The Canadian firm signed an agreement to invest the funds as part of DataBank’s recapitalization process. DataBank is expected to close the deal in Q4 2022. The Chief Investment Officer of IMCO...

October 24, 2022

DataBank

EdgeConneX secures $150 Million in Sustainability-linked Financing for its Latin America expansion

EdgeConneX has reportedly secured $150 million in sustainability-linked financing for its expansion in Latin America. This follows the company obtaining a series of sustainability-linked financings earlier in 2022 totaling $1.7 Billion.The loan facility promotes EdgeConneX's sustainability ob...

October 18, 2022

EdgeConneX

Aligned Data Centers continues investment in Phoenix with two new data center campuses

After acquiring two parcels of land in Arizona, Aligned Data Centers has announced plans for two new construction projects, mega campuses, spanning 400MW of IT load and approximately two million square feet. The facilities will reportedly prioritize sustainability, using Delta³ cooling technol...

October 17, 2022

Aligned

QTS expands further in Texas

QTS is expanding in Texas, with the addition of a new building to its Irving data center campus. The facility, namely DC5, is located at 6300 Longhorn Drive, and will see an investment of $180 million.According to the company, the facility, which will span 337,190 sq ft, is projected to be co...

October 11, 2022

QTS Data Centers

EdgeConneX announces expansion plans in the Philippines

EdgeConneX has announced a partnership with Aboitiz, a local firm in the Philippines, alongside its plans to build two data centers around Manila; one near the National Capital Region of Manila and the second in the Greater Manila Area.Speaking about the partnership, Sabin Aboitiz, President,...

October 07, 2022

EdgeConneX

T-Mobile Sells Data Center and Wireline Business to Cogent for $1

Cogent Communications Holdings has acquired T-Mobile’s wireline business for $1 billion. In addition, T-Mobile expects to have a pre-tax charge of $1 billion from selling the unit to Cogent. T-Mobile will also pay Cogent $350m in the first 1 year of closing the deal and another $350m over the ...

September 26, 2022

Cogent Communications

Aligned Data Centers announces expansion in Northern Virginia

Aligned Data Centers has announced its expansion in Northern Virginia, with the addition of a new 72 MW four-story data center across 430,000 sqft based at its new campus in Sterling. This addition will be the company’s third in the area and part of phase one of the campus development. The fa...

August 03, 2022

Aligned

QTS releases annual ESG report renewing commitment to sustainability and social responsibility

QTS recently published its annual ESG report, in which it highlighted its sustainability achievements and the different projects and initiatives it's pursuing in order to expand its commitment to social and environmental responsibility. This follows the company being named as one of America's ...

July 26, 2022

QTS Data Centers

QTS Buys Properties in Phoenix and The Netherlands

QTS Realty Trust has acquired up to 400 acres of land in Phoenix, Arizona, for $255 million. The data center REIT also acquired land in the Netherlands for $9 million. QTS acquired the Phoenix property from First Industrial Realty Trust Inc. and Merit Partners Inc. QTS currently operates a ...

July 18, 2022

QTS Data Centers

Stonepeak Acquiring Stake in American Tower's CoreSite For $2.5bn

Stonepeak has revealed that it is acquiring a 29 percent stake in American Tower’s Coresite data center business. The investment firm will pay $2.5 billion for the stake in the business. The deal is expected to close in Q3 2022, subject to customary closing conditions. According to an annou...

July 15, 2022

CoreSite

American Tower Partners With Stonepeak in U.S. Data Center Business

BOSTON & NEW YORK--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) and Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that Stonepeak, on behalf of certain affiliated investment vehicles, will acquire an ownership int...

July 11, 2022

American Tower Corporation

Sustainable financing for EdgeConneX

EdgeConneX has announced that it has secured $1.7 billion in sustainability-linked debt financing, including the company's first-ever Asset-Backed Securitization (ABS) and multi-currency term loan (ESG Term Loan). The company will reportedly use this to finance its growth and keep up with eve...

June 23, 2022

EdgeConneX

Aligned To Develop a 100MW Facility in Salt Lake City, Utah

Aligned has announced that it is developing a new data center in Salt Lake, Utah. The data center will be called SLC-03, and it will be developed on its campus in West Jordan, Utah. The development will see Aligned add over 100MW capacity to the West Jordan campus. When this happens, it wil...

June 23, 2022

Aligned

CoreSite Absorbs Three American Tower's Data Centers

CoreSite has integrated three data centers from American Tower into its data center portfolio. The data centers are located in Florida and Georgia. The three data centers are Orlando OR1, located at 9701 S. John Young Parkway, Orlando, Atlanta AT1, located at 55 Marietta Street NW, Atlanta)...

June 09, 2022

CoreSite

Sustainably-linked loan for Aligned

Aligned Data Centers has announced that it has increased its existing sustainability-linked (SLL) from $375 million to $1.75 billion in an effort to “accelerate its next phase of strategic growth and expansion.” This loan is linked to ESG goals, and if the company manages to reach the pre-agr...

May 20, 2022

Aligned

DataBank To Develop a 40MW Data Center at Newly Acquired Property

DataBank has announced the acquisition of an existing data center and 18-acre land in Atlanta, Georgia. The property acquired is located at 200 Selig Drive, Atlanta. Although the company did not reveal the transaction terms, CoStar reports that DataBank paid $10.9 million for the property. ...

May 18, 2022

DataBank

iM Critical Starts Work on its Pittsburgh Modular Edge Campus

iM Critical has begun constructing a modular Edge data center campus in Pittsburgh, Pennsylvania. The data center campus will have three buildings when fully built out. It will also include EV charging stations and on-site solar power. iM Critical says the data center will support more than...

May 18, 2022

Pittsburgh

Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility

Stonerock Capital Partners and Triple Double have completed the acquisition of two properties in downtown Miami. The properties are located at 200 SE 1st Street and 44 W. Flagler Street. They paid $56.7 million for both properties. The 200 SE 1st property is a 12-story, 13,200 square meter ...

May 09, 2022

Miami

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