Data Center News

CyrusOne launches new AI-specific built-to-suit data center design

CyrusOne has announced the launch of an AI-specific built-to-suit data center design, which it says has been developed specifically to address the “rapidly growing needs of AI applications and services.”The company notes that the Intelliscale data center is built on an ultra-high-density found...

August 30, 2023

CyrusOne

CyrusOne requests approval for a Dublin data center

CyrusOne has applied to the South Dublin County Council for permission to construct a new data center in the Grange Castle Business Park in the Irish capital. The application, submitted on July 14, calls for the demolition of a one-story home called "Erganagh" and the erection of a three-story...

August 23, 2023

CyrusOne

Lumen, a US telco, loses $8.74bn due to non-cash impairment

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 ...

August 03, 2023

Lumen Technologies

Compass will soon buy Sears' 2.4 million-square-foot Chicago facility

Compass Datacenters, which was recently taken over, is planning to purchase a former Sears office complex in Chicago, Illinois, presumably for a new data center campus. The data center constructor and operator are "poised" to acquire the Sears site in the Hoffman Estates neighborhood, as first...

July 21, 2023

Compass Datacenters

Flexential to expand Georgia and Oregon data center campuses

A second building is anticipated at its new campus in Atlanta, and a fifth building will be constructed in Hillsboro, according to Flexential's announcement of new data center developments in Georgia and Oregon. This week, the company revealed the construction of a 36MW phased development on i...

July 11, 2023

Flexential

CyrusOne announces plans for new Frankfurt data center

CyrusOne has announced its plans to build its next data center in Frankfurt, Germany. Named FRA6, the facility is located in Germany’s “Digital City” and will offer a total IT capacity of 72 MW delivered over four floors, with each level offering 18 MW. The company shared that the acquired Eu...

July 07, 2023

CyrusOne

French court reverses injunction against CyrusOne's Paris data center construction

To obtain planning approvals for a data center in Paris, France, CyrusOne had to fight a legal battle. The Versailles Administrative Court overturned the local mayor's orders to prevent the issuance of two building permits. The company intends to convert a former logistics facility in the Vill...

July 04, 2023

CyrusOne

American Tower submits plans to construct Edge data center in San Antonio, Texas

American Tower has submitted proposals for a new San Antonio, Texas, Edge data center. The tower company applied to the Texas Department of Licensing and Regulation last month to establish the 'American Tower Data Center - Highway 90'.The company intends to invest $15 million in constructing ...

July 04, 2023

American Tower Corporation

TierPoint aims to raise $925 million through securitized loans

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...

June 29, 2023

TierPoint

Compass Datacenters bought by Ontario Teachers' Plan and Brookfield

Brookfield Infrastructure Partners will acquire Compass Datacenters with the company's current investor, Ontario Teachers' Pension Plan. This week, Brookfield Infrastructure, its financial partners, and longtime investor Ontario Teachers' Pension Plan revealed that they had officially agreed t...

June 20, 2023

Compass Datacenters

IBM plans to construct a quantum data facility in Germany

IBM will construct a data center in Germany to house quantum processors. This week, the company revealed plans to establish its first quantum data facility in Europe on the IBM campus in Ehningen, near Stuttgart, to facilitate cutting-edge quantum computing for businesses, research institution...

June 07, 2023

IBM Cloud

Japan Data Facility Purchased by Mapletree Industrial Trust

The acquisition of a data center in Osaka, Japan, signifies Mapletree Industrial Trust's entrance into the Japanese data center market. This week, the manager of Mapletree Industrial Trust (MIT), Mapletree Industrial Trust Management Ltd., announced the purchase of a recently constructed data ...

May 26, 2023

Mapletree Redwood Data Centre Trust

PowerHouse Data Centers signs lease agreement with CyrusOne for ABX-1 Data Center Powered Shell

Earlier this month, PowerHouse Data Centers announced a 30-year lease agreement with CyrusOne, for a spec-built data center, ABX-1, located in Ashburn, Virginia. The company shared that substantial completion of the data center, a two-story, 265,000 SF powered shell, is scheduled for October.A...

May 23, 2023

CyrusOne

CyrusOne announces new Japan data center venture with Kansai Electric Power Company

CyrusOne has announced its partnership with Japanese energy firm Kansai Electric Power Company, Inc. (KEPCO) for the development of new data centers across Japan. The 50:50 joint venture, called CyrusOne KEP, will see at least one trillion yen ($7 billion) invested in the project over the nex...

May 23, 2023

CyrusOne

Acquisition Of 375 Acres In Red Oak, Texas By Compass Datacenters

Compass Datacenters has purchased 375 acres of vacant land in Dallas, Texas, more than tripling its land holdings in the region. According to BizJournal's 'Best Real Estate Deals' awards, the company acquired land in Red Oak, Ellis County, south of Dallas. "This new campus will likely be one o...

May 01, 2023

Compass Datacenters

CyrusOne Data Centers is Getting Ready to Issue CMBS Worth $701 million

Asset-backed securities totaling $701 million will be backed by real estate and tenant contracts for space and electrical capacity in five finished and operational data centers in Texas and Virginia. According to a pre-sale assessment from S&P Global Ratings, the CyrusOne Data Centers, 202...

April 20, 2023

CyrusOne

IBM Will Open San Sebastián Quantum Computing Facility at Ikerbasque Campus

A quantum computer will be installed in San Sebastián, located in the Basque Country of Spain, thanks to a collaboration between IBM and Fundación Ikerbasque. The IBM-Euskadi Quantum Computing Center is anticipated to launch by the end of 2024. It will deliver Qiskit Runtime services from a...

March 28, 2023

IBM Cloud

Construction Of a Data Center By CyrusOne Has Begun In Quincy, Washington

CyrusOne is building a data center in Quincy, Washington. The corporation has a 45-acre block of land in the city of Washington State and has made it known that it intends to construct a campus there with built-to-suit buildings and a capacity of up to 96MW. The Columbia Basin Herald noted ...

February 20, 2023

CyrusOne

Compass Submits Revised PW Digital Gateway Data Center Campus Proposal

Compass Data Centers has resubmitted its designs for a huge Prince William County data center project. The firm and QTS are developing more than 20 million sq ft of data centers for the PW Digital Gateway project. This month, Compass amended its June 2022 rezoning proposal with further deta...

February 18, 2023

Compass Datacenters

CyrusOne acquires a 57.6-acre land parcel in Loudoun County, Virginia

CyrusOne has purchased a 57.6-acre land parcel in Loudoun County, Virginia. The location of the parcel is near the intersection of the Dulles Greenway toll road and Belmont Ridge Road. This recent land acquisition is part of the company’s global growth and expansion plans.Speaking about this,...

January 23, 2023

CyrusOne

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