Data Center News

Lumen divests CenturyLink ILEC assets

Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business incl...

August 06, 2021

Lumen Technologies

Flexential enters sale-leaseback deal for Plano data center

Flexential has made a leaseback agreement with Legacy Investing and Invesco Real Estate for its data center facility in Plano. The deal will see Flexential add 130,000 square feet to its existing space, which means it will be doubling its capacity with the expansion. None of the companies d...

August 06, 2021

Flexential

Sustainable development: Compass Datacenters builds its data centers on eco-friendly concrete

As Compass Datacenters expands across North America, it is prioritizing sustainability in the building of its data centers. Using technology created by Nova Scotia-based CarbonCure Technologies means that not only is less cement required in the mixing of concrete, but CO2 is also permanently r...

July 30, 2021

Compass Datacenters

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team...

July 28, 2021

Lumen Technologies

A carbon-neutral future: Which companies are committing and delivering?

In 2021, data centers are responsible for 2% of the world’s CO2 emissions, equivalent to the entire airline industry worldwide. It has also been forecast that by 2025, data centers could consume up to one-fifth of Earth’s power.Increasingly, data center companies are waking up to the fact that...

July 21, 2021

Amazon AWS

IBM announces 21 sustainability goals

IBM is one of the latest data center companies to commit itself to net-zero GHG emissions by 2030. In its most recent Environmental Report, the company set out twenty-one environmental sustainability goals and also outlined its involvement with the European Green Digital Coalition.As a foundin...

July 15, 2021

Kyndryl

CyrusOne’s European data center portfolio now 100 percent powered by renewable energy

CyrusOne just announced that all of its data centers in Europe are now running on 100% renewable energy. The Company has facilities in Dublin, London, Frankfurt, and Amsterdam, currently operating on renewable tariffs. Besides, the Company recently promised to be carbon neutral by 2040, and t...

June 02, 2021

CyrusOne

Sila agrees to sell all its data centers to Mapletree for $1.3bn

Sila Realty Trust announced that it has agreed to sell all its 29 data centers in the US to Mapletree Investment Trust for $1.3 billion. The 29 data centers are all the data centers in Sila’s portfolio which means upon completion; it will be an exit from the data center industry for Sila. ...

May 20, 2021

Mapletree Redwood Data Centre Trust

Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States

SINGAPORE: DBS Trustee Limited, a trustee of Mapletree Industrial Trust (MIT), has entered into agreements for the proposed acquisition of the remaining 60% interest in the 14 data centres in the United States of America currently held by Mapletree Redwood Data Centre Trust (MRDCT) at a purcha...

June 23, 2020

Mapletree Redwood Data Centre Trust

Segra Acquires NorthState

Charlotte, NC – Segra, one of the largest fiber infrastructure bandwidth companies in the Eastern U.S., today announced it has acquired NorthState, a provider of high-speed bandwidth services in the fast-growing Piedmont Triad region of North Carolina. The acquisition expands Segra’s fiber ne...

May 19, 2020

Segra

Compass completes ROOT integration

Compass has announced on their blog that they have completed the integration of the ROOT data centers. ROOT was acquired in July 2019. The announcement states, "Over the past few months, we’ve been hard at work integrating the two companies’ construction, operations, marketing, and sales teams...

May 06, 2020

Compass Datacenters

CyrusOne amends $2.5 Billion Credit Facility

The amended agreement consists of a $1.4B revolving credit facility, which includes a $750M multi-currency borrowing sub-limit, and term loan commitments totaling $1.1B.The credit agreement also contains an option which allows CyrusOne to obtain up to $1.5 billion in additional revolving or te...

April 01, 2020

CyrusOne

TierPoint Raises $320 Million from Consortium of Investors (PR)

ST. LOUIS – TierPoint, a leading provider of secure, connected data center and cloud solutions at the edge of the internet, announced it has reached an agreement that will result in new, preferred equity investments totaling $320 million, which the company expects to be closed and funded by m...

March 24, 2020

TierPoint

CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)

DALLAS--(BUSINESS WIRE)--CyrusOne (NASDAQ: CONE), a premier global data center REIT, today announced that it has helped ODATA construct and launch the company’s first data center in Bogotá, Colombia. ODATA’s new data center, DC BG01, is the second ODATA data center, the first outside Brazil af...

May 28, 2019

CyrusOne

CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY

CyrusOne Inc. (CONE), a premier global data center REIT, today announced first quarter 2019 earnings. First Quarter Highlights 1Q’19 Year-over-Year Revenue Growth of 14% Leased 16 megawatts (“MW”) and 93,000 colocation square feet (“CSF”) in the first quarter, totaling $27 million in ann...

May 01, 2019

CyrusOne

CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)

DALLAS--(BUSINESS WIRE)--Apr. 12, 2019-- CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced that it has sold approximately 5.7 million American depository shares (“ADSs”) of GDS Holdings Limited (“GDS”) (NASDAQ: GDS) for a total purchase price of approximately $20...

April 12, 2019

CyrusOne

TierPoint Launches Cloud Connect Express for connections to Azure and AWS from All TierPoint Locations

TierPoint, a leading provider of secure, connected data center and cloud solutions at the edge of the internet, today announced the launch of its new Cloud Connect Express (CCX) service. Leveraging TierPoint’s network assets and Zayo’s CloudLink solution, CCX provides TierPoint customers with ...

October 16, 2018

TierPoint

CyrusOne Completes the Zenium Acquisition

DALLAS–(BUSINESS WIRE)–Aug. 27, 2018– CyrusOne Inc. (“CyrusOne”) (NASDAQ: CONE), a premier global data center REIT, today announced that it has closed its previously announced acquisition of Zenium Data Centers (“Zenium”), a leading hyperscale data center provider with properties in London...

August 27, 2018

CyrusOne

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