Data Center News

EdgeConneX Gets $403.8Million to Develop its Jakarta Data Centers

EdgeConneX, a provider of Hyperscale Data Center Solutions, revealed a $ 403,8 million contract in Sustainability-Linked Senior Facilities to expedite its growth strategy and green initiatives for its Jakarta, Indonesia, data center footprint. This transaction, according to EdgeConneX, will in...

September 18, 2023

EdgeConneX

EdgeConneX secures $403.8m sustainability-linked financing for Indonesia data center

EdgeConneX has shared that it has secured $403.8 million in sustainability-linked financing (SLF). This loan is for its 120MW data center campus development in Jakarta, Indonesia.The deal leverages EdgeConneX's Sustainability Strategy and will reportedly use offshore US dollar borrowing. It re...

September 14, 2023

EdgeConneX

EdgeConneX to build 200MW Cyberjaya facility in Malaysia

EdgeConneX continues to grow its APAC operations by adding three facilities in Malaysia, located in and around Kuala Lumpur. Business Today and Edge Malaysia report that EdgeConneX signed a sales and purchase contract with Cyberview earlier this month to acquire a 12.14-hectare tract of land i...

September 11, 2023

EdgeConneX

University of Minnesota permits $40 million data center property sale to Meta

The University of Minnesota (UoM) Board of Regents has authorized the $39.7 million land sale to Meta. The 280-acre tract of land in UMore Park has been sold to Jimnist LLC, a subsidiary of Meta, for a data center.The land that comprises UMore Park is located in Rosemount and is bordered by Co...

September 08, 2023

Meta

Meta confirms $700m Minnesota data center venture

Social network Meta is supporting a new Minneapolis data center project. Late last week, a Minnesota Public Utilities Commission document confirmed Meta's $700 million Minneapolis data center project. Xcel Energy announced an 'enterprise data center' project with a Fortune 100 company in Novem...

September 05, 2023

Meta

EdgeConneX files to build a 1 million square foot data center facility in Mesa, Arizona

EdgeConneX plans to establish a new data center facility in Phoenix, Arizona, to expand its presence there. According to BizJournal, the company has applied for Mesa's administrative and design reviews to construct a multi-phased campus near Elliot Road and Loop 202. EdgeConneX wants to build ...

September 05, 2023

EdgeConneX

EdgeConneX contests the Dublin data center denial

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 ...

August 22, 2023

EdgeConneX

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

Blackstone and QTS to build data centers worth $8bn for "once in a generation" AI growth

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 ...

August 01, 2023

QTS Data Centers

Costs projected to rise as meta capex for data centers, servers, and networks reaches $6.4 billion

In the last quarter, Meta's capital expenditures reached $6.4 billion due to investments in data centers, servers, and network infrastructure. This is a decrease from the $7.1 billion the company spent in the previous quarter, but the Facebook proprietor is now done with a data center restruct...

July 28, 2023

Meta

QTS acquires 400 acres in South Carolina's York County

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 m...

July 27, 2023

QTS Data Centers

EdgeConneX announces deployment of AWS Direct Connect in Phoenix data center

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 oper...

July 19, 2023

EdgeConneX

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

Iron Mountain signs 24/7 PPA for hydropower in US

Iron Mountain has signed a 24/7 PPA agreement with Rye Development, a US hydropower developer, for 150 ME of power over the next ten years from a number of the developer's low-impact hydroelectric projects. Rye Development seeks to integrate power generation capabilities into existing dams wi...

July 04, 2023

Iron Mountain

Iron Mountain and Web Werks invest $170m in Navi Mumbai data facility

Web Werks and Iron Mountain plan to invest 170 million dollars in a data facility in Navi Mumbai, India. The envisioned facility, Mumbai-3, will have a 32MW capacity and be constructed to Tier III specifications. The JV already owns a five-acre parcel to develop the data center, which is antic...

June 09, 2023

Iron Mountain

Old Capital One facility offered by Chirisa to hyperscalers

A former Capital One facility in Chester, Virginia, is being marketed by Chirisa to hyperscalers. Chirisa Technology Parks, a subsidiary of Chirisa that was recently established, lists the facility located at 1401 Meadowville Technology Pkwy outside of Richmond on its official website as avail...

June 07, 2023

Chirisa Investments

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

Meta shares details on AI progress and data center redesign

After announcing that it was canceling or pausing data center projects that were in mid-development last year, Meta has finally revealed some details on its AI-optimized data centers. The giant has shared that it is working on a custom chip "family" to bolster the efficiency of its data center...

May 25, 2023

Meta

QTS Realty Secures a $800m Data Center Refinancing Contract

QTS Realty, owned by Blackstone, has refinanced four data center properties. Citigroup leads a consortium of four institutions that provided the loan. It will be used to refinance QTS' existing $667 million debt and provide the funds necessary to finance tenant build-outs.The refinancing is gi...

May 25, 2023

QTS Data Centers

rPlus Energies signs 200MW PPA with Idaho Power, supporting Meta

rPlus Energies has announced that it has signed a 200MW power purchase agreement (PPA) with Idaho Power, which has a special energy services agreement with Meta; output from the project will go into the same grid supporting Meta's new Kuna data center. The Ada County, Idaho solar farm, known a...

May 24, 2023

Meta

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