Data Center News

Microsoft acquires 200 acres in New Albany for development of a data center

Microsoft Azure

Microsoft has purchased a property in New Albany, Ohio, to probably construct a data center. Microsoft has reportedly acquired nearly 200 acres near Beech Road for a data center, as reported by the Newark Advocate. The Licking County Auditor's Office verified Microsoft paid $56.9 million to MB...

Shonfeld negotiating data center stake sale at $3.6b co value

According to "Globes," Yossi Shonfeld's company Shonfeld Engineering has enlisted Jefferies Group investment bank to manage discussions for selling 20–30% of data center firm Shonfeld Data Services (SDS) at a $3.6 billion company valuation. Shonfeld follows in the wake of the Azrieli Group and...

CBRE predicts that investment in data centers will increase in 2023

According to CBRE's 2023 Investment Sentiment Survey, we can anticipate that 89% of investors in the data center sector will increase their investment levels this year, following a relatively slow 2022. 85% of those who answered the survey have set aside more than $100 million, and 32% have ov...

Market for Data Center Accelerators to Reach $168 Billion by 2032

The Data Center Accelerator Market is anticipated to reach $168 Billion by 2032, up from $18.2 Billion in 2022, at a CAGR of 25.6% between 2022 and 2032. In recent years, the market for data center accelerators has expanded rapidly due to the increasing demand for high-performance computation ...

NTT unveils a new data center in Chennai

NTT

NTT launched a $350 million hyperscale data center (DC) campus in Chennai. MIST, its undersea cable system, will connect to the new DC site. The firm and TN inked a facilitation MoU in 2021.Chennai 2, a six-acre DC campus in Ambattur, will have two towers with a 35 MW IT load. The first facili...

Servpac's expansion of MTP Data Center

Servpac

Servpac Inc., a local telecommunications corporation, has begun expanding its data center in Mililani Technology Park. The company announced on June 27 that the expansion would double the MTP Data Center's colocation capacity. According to the announcement, InForm Design is the project archite...

TierPoint aims to raise $925 million through securitized loans

TierPoint

TierPoint seeks to raise $925 million by selling A-rated data center revenue notes from Kroll Bond Rating Agency. The exchange is TierPoint's first and is backed by 31 colocation data centers with approximately $397.2 million in annualized monthly frequent revenue and $198.3 million in yearly...

The site plan for Metro Edge Development Partners' Chicago data center approved

Chicago

The Chicago, Illinois data center of commercial real estate finance firm Metro Edge Development Partners has been granted site approval. The corporation received site plan approval for its IMD1 data center from the Chicago Department of Planning and Development this month.IMD1 will be a five-s...

Paratus Group announces plans for new facility in Angola

Angola

Paratus Group has announced plans to construct Angola’s first Tier-IV-by-design data centre in Luanda. This is the company’s third in the country, and Angola’s first Tier-IV by design.According to Chief Technical Officer at Paratus, Rolf Mendelsohn, the new facility will be constructed on a 30...

DataBank expands its data center in Kansas

DataBank Kansas City MCI3

DataBank's development of the MC13 data center in Lenexa, Kansas, is complete. The company has added 17,000 square feet and 1.8 MW of IT capacity to its MC13 data center, bringing the total build-out to 42,000 square feet and 4.6 MW. In October 2021, DataBank first announced intentions to expa...

TASMAC awards RailTel a $35.9 million contract for an India data center

India / Bhārata

RailTel, an IT infrastructure provider, has been awarded a $35.9 million contract by TASMAC, a Tamil state-owned beverage corporation. RailTel will provide TASMAC with end-to-end automation and connectivity five years into the contract. This will extend to RailTel providing the project's facil...

Frederick County establishes work group to look at data centers

Maryland

In Frederick County, a place which has become a highly attractive data center zone and is the location site of Quantum Loophole’s massive and recently paused data center campus, Frederick County Executive Jessica Fitzwater has formed a workgroup for data centers. Fitzwater formed the group in ...

AirTrunk to develop HKG2, its second facility in Hong Kong

AirTrunk

AirTrunk is developing its second facility in Hong Kong, located in the East New Territories. The facility, AirTrunk HKG2, will offer 15 MW, spanning 11,600 sqm (124,860 sq ft), with 4,400 sqm (4,7360 sq ft) of technical space. The facility will have a PUE of 1.25, and initial capacity is set...

Prince William County locals want a data center developer to buy property outside Gainesville

Northern Virginia

Residents of Prince William County, Virginia, are attempting to sell their land to an unidentified data center developer. According to InsideNoVa, residents of Sanders Lane near Gainesville are attempting to sell their land to a data center developer. The residents appear to be attempting to r...

Groton's proposed data center regulations set to go to public hearing following year-long moratorium

Connecticut

In Groton, a data center moratorium has been in place for a year. This was introduced to give the town the time to formulate regulations for data centers, amidst concerns regarding environmental and noise impacts. Now the proposed regulations are set to go to a public hearing. As per the propo...

DCI Indonesia announces launch of its second building at its H2 Data Center Campus outside Jakarta

DCI Indonesia

DCI Indonesia has launched the second building at its H2 Data Center Campus outside Jakarta. The first phase at the site, H2-01, launched back in November 2021, offering 15 MW; meanwhile, H2-02, its second building, adds 12MW. The two buildings at the 791 hectare-campus now offer 27MW in tota...

AWS planning new data center under name 'Project Echidna,' in West Sydney, Australia

Amazon AWS

AWS is planning a new data center in Sydney, Australia. Located in west Sydney, under the program name Project Echidna, the facility will see an investment of AU$300 million (US$200m). Built across two stories, the facility will offer 35.2MW of capacity on 9,225 sqm (99,300 sq ft), and is loc...

Amazon will allocate $7.8 billion to construct more central Ohio facilities

Amazon AWS

According to a news release from Ohio Governor Mike DeWine, Amazon intends to invest approximately $8 billion over six years in growing its data center business in central Ohio. Per a press release on Monday, the $7.8 billion initiative marks the second-largest private sector investment in Ohi...

GTD leaves data center agreement with Macquarie

Chile

GTD pulled from a non-binding offer previously accepted from investment firm Macquarie Capital. The transaction would have involved purchasing 49 percent of a new subsidiary encompassing the telecommunications company's data centers in Chile, Peru, and Colombia. Fernando Gana, the general mana...

Phoenix Data center with 6 MW up for sale

Phoenix

A 6MW data facility is up for lease or purchase in Phoenix, Arizona. Located in the desirable Deer Valley neighborhood, CBRE has listed 20435 North 26th Avenue for sale or lease. There was no listed pricing. The 6MW facility was completed in 2003 and sits on 3.66 acres of land, with a raised f...