August 24, 2023 Google
Google has verified its involvement in the Lincoln, Nebraska, data center proposal. This week, the company announced it was constructing a third data center in Papillion and a data center in Lincoln. The search and cloud firm will invest $1.2 billion in the project. Long suspected to be Google,...
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August 22, 2023 STACK INFRASTRUCTURE
A new data center campus has been opened by Stack in Melbourne, Australia. This week, the company announced the conclusion of its MEL01 Asia-Pacific (APAC) data center. The 36MW MEL01A facility, situated on a 3.6-hectare site in Melbourne's Truganina region, is part of a 72MW campus that will...
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August 22, 2023 EdgeConneX
EdgeConneX Ireland has appealed to An Bord Pleanála against South Dublin County Council's decision to deny its proposed data center. The company intended to construct two adjacent data centers on its Dublin Campus in Ballmakaily, Lucan, Dublin, on Newcastle Road. Two single-story data centers...
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August 14, 2023 Rowan Digital Infrastructure
Rowan Green Data in Morrow County, Oregon, plans to build a data center. Proposals for the Percheron Data Center near Boardman were recommended for approval by the County planning commission at the end of last month. Later this month, the proposal will be presented to the County Board of...
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August 11, 2023 Intel
A CtrlS Data Centers location in Bengaluru, India, has been leased by Intel India for use as a data center. Intel will be provided with 11,536 square feet of data center space under the terms of a three-year lease commencing on July 18. The lease, which CRE Matrix was able to access, states that...
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August 09, 2023 Google
The Council Bluffs data center, located on the Nebraska/Iowa border, will be expanded by Google for $350 million. Plans for a data center in Council Bluffs were first made public in 2007. Google announced expansion plans in 2012 and 2015 and has since spent approximately $5 billion on the...
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August 08, 2023 OVH Group
Gridscale, an industry leader in hyper-converged infrastructure, and OVHcloud are in exclusive takeover talks. The deal, which won't affect the fiscal year 2023 and will help OVHcloud with its Edge computing goals, is anticipated to close at the start of 2024. There has been no disclosure of the...
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August 08, 2023 Digital Realty Trust
Digital Realty, a global leader in the data center industry, has introduced a high-density colocation service in 28 markets across North America, EMEA, and Asia Pacific. The new service supports up to 70 kilowatts per rack of computing power. Digital stated that the increased rack densities were...
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August 03, 2023 Lumen Technologies
In the second quarter, Lumen Technologies reported a loss of $8.74 billion, a significant decrease from the $344 million profit in the same quarter last year. The company, formerly CenturyLink Enterprise, has lost more than 66 percent of its value this year, reducing its market capitalization to...
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August 02, 2023 STACK INFRASTRUCTURE
$250 million in securitized notes have been issued as part of Stack Infrastructure's second round of structured debt financing for 2023. The funding round began a month ago with an initial goal of raising $100 million, which has since more than doubled. Since 2019, Stack has raised $2.3 billion...
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August 02, 2023 Aligned
Mubadala Investment Company, the sovereign investment branch of Abu Dhabi, has invested in Aligned Data Centers. Mubadala will become a minority shareholder in the U.S. company, although the scale of the investment was not disclosed. Macquarie Asset Management remains the majority shareholder of...
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August 01, 2023 QTS Data Centers
The premier property fund of Blackstone, valued at $68 billion, is selling assets and preparing to invest billions in data centers. According to the Financial Times, Blackstone Real Estate Income Trust, or Breit, intends to invest $8 billion in the construction of new data centers through its...
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July 28, 2023 Google
Alphabet reported quarterly sales of $74.6 billion, an increase of 7% from the same period last year. Profits increased by 15% to $18.4 billion. While advertising sales drove the majority of the company's development, cloud sales increased by 28 % to $8 billion. Google Cloud reported its...
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July 28, 2023 Digital Realty Trust
TPG Real Estate now owns 80% of three Digital Realty data centers in the US state of Virginia's Northern Virginia. Digital will continue to oversee the daily operations of the joint venture's facilities. The data center business aims to utilize the $1.3 billion in proceeds from the transaction to...
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July 27, 2023 Google
The 2023 Google environmental report shows a considerable increase in data center water consumption. The company consumed an astounding 5.6 billion gallons of water in 2022, of which 5.2 billion were used solely for data centers. Compared to the previous year, this is 20% higher. Large data...
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July 27, 2023 QTS Data Centers
A new campus for its data centers is being built by QTS on 400 acres of land in York County, South Carolina. Citing York County real estate documents, BizJournal reports that two entities linked with QTS Realty Trust LLC have acquired nearly 400 acres off S.C. Highway 274 for more than $11.2...
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July 26, 2023 Digital Realty Trust
Reliance Industries, the largest business group in India, revealed that it would join Mercury Holdings SG Pte, the current joint venture between Brookfield Infrastructure and Digital Realty, to construct data centers in India. By acquiring a 33,33 % stake in the existing JV, Reliance Industries...
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July 26, 2023 STACK INFRASTRUCTURE
Stack Infrastructure seeks to raise $100 million by issuing securitized notes. After raising $250 million in March, this will be Stack's second fundraising round this year and sixth overall. It will begin on July 24. The notes have received an A-2 rating from S&P Global. This is presently set...
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July 21, 2023 Google
Uruguay is currently battling a water crisis, facing its worst drought in more than 70 years. The country has now experienced years of low rainfall, something which is likely to only continue as climate change exacerbates the issue. However, it's not just the result of climate change, according...
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July 19, 2023 EdgeConneX
EdgeConneX has announced the deployment of AWS Direct Connect with both 10Gbps and 100Gbps capability at the Phoenix Edge Data Center (PHX01). The company shared that this will enable customers to establish direct edge cloud on-ramps. This, it shared, can reportedly reduce costs, improve...
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