May 25, 2023 QTS Data Centers
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...
Read more
May 25, 2023 Aligned
Odata, a LATAM provider of data centers, has been fully acquired by Aligned Data Centers. According to Aligned, the transaction places the company among the biggest private data center owners in the Americas, with more than 2.5GW of critical capacity throughout over 40 data centers at full...
Read more
May 24, 2023 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 as...
Read more
May 18, 2023 QTS Data Centers
QTS has begun construction work on its Phoenix, Arizona data center PHX2 DC5. The company reportedly broke ground on the facility in March; it is set to span 337,330 sq ft (31,339 sqm) on 85 acres, offering 42 MW of capacity. The company shared that on March 21, it hosted a groundbreaking event...
Read more
May 18, 2023 Meta
Details regarding Meta's water consumption at a planned data center in Toledo have been released, revealing that yearly the facility will guzzle an estimated 660 million gallons of water. The facility was given the green light by Castilla-La Mancha back in March as a PSI, due to the economic...
Read more
May 18, 2023 Aligned
Planning approval has been given for Aligned Data Centers to build a data center on the enormous Quantum Loophole campus in Frederick County, Maryland. Last week, the Frederick County Planning Commission authorized the initial site plan for the Quantum Loophole campus's first data center. The...
Read more
May 09, 2023 Aligned
Aligned Data Centers has invested in the Canadian company QScale. The "strategic investment" received "strong support" from existing shareholders, according to QScale. The scale of the investment was not disclosed; however, it is described as a "major financing round" and is anticipated to close...
Read more
May 08, 2023 Novva Data Centers
Novva Data Centers has announced a new data center in Storey County. Set to go live in late 2024, the facility will span 300,000 sqft on a 20 acre-campus and offering 60 MW of capacity. The data center will have a total of six 10MW data halls and accommodate high-density deployments with hot air...
Read more
May 04, 2023 DataBank
DataBank has begun constructing a new data center in Atlanta, Georgia, and has completed an expansion in San Diego, California. The US-based business announced the start of construction on its ATL4 data center in Atlanta last week. The colocation facility, located at 200 Selig Drive, will include...
Read more
May 03, 2023 QTS Data Centers
Last week, QTS submitted the third draft of its plans for the controversial and hotly debated Prince William Digital Gateway to the Prince William County government. The updated plan shows the company's intention to increase the size of its proposed buildings. QTS has also requested a waiver to...
Read more
April 27, 2023 Meta
In an effort to curb construction waste, Meta has announced a new project that is using mushrooms to help mitigate some of the 660 million tons of waste sent to landfills and incinerators each year. The giant has been working with Mycocycle, a tech company in the zero-waste market, to pilot the...
Read more
April 27, 2023 QTS Data Centers
QTS Data Centers has refrained from requesting $45 million in tax incentives for its massive data center project near the Westside Trail of the Atlanta BeltLine. According to the Atlanta Business Chronicle, QTS halted its request for incentives for a $1.3 billion proposal involving two data...
Read more
April 26, 2023 Meta
Reuters reports that Meta abandoned plans to release its own artificial intelligence processor and instead adopted Nvidia GPUs. Initial use of CPUs for AI training and chips for inference caused the company to fall behind in AI development. The switch to GPUs necessitated the redesign of its data...
Read more
April 25, 2023 EdgeConneX
The construction of a new facility in Rishon will allow EdgeConneX, an innovator in global Hyperlocal to Hyperscale Data Center Solutions, to increase its data center impact in Israel. The new data center will meet the region's growing demand from hyperscalers, cloud service providers, and...
Read more
April 18, 2023 DataBank
DataBank has announced it is expanding one of its Seattle, Washington facilities. The company plans to increase the floor space to 27,900 square feet (2,590 sqm) and up the available critical IT power to 3MW. “We decided to expand our footprint in the Seattle area based on how fast its digital...
Read more
April 18, 2023 Aligned
Aligned bought an office property in the Chicago, Illinois neighborhood of Elk Grove. It is currently unknown whether the company intends to convert the facility occupied by CitiBank into a data center. The Real Deal reports, citing Cook County public records, that Aligned purchased 50 Northwest...
Read more
April 11, 2023 Aligned
Aligned Data Centers has announced that it has joined the U.S. Environmental Protection Agency's Green Power Partnership, which aims to encourage organizations to voluntarily utilize green power for the benefit of the planet and human health. Through signing up for the Green Power Partnership,...
Read more
April 07, 2023 DataBank
To help support its development aspirations, US colocation provider DataBank has obtained a new $325 million credit line. The facility, led by TD Securities, consists of a $50 million conventional credit line, a $125 million deferred draw term loan, and a $175 million five-year term loan. The...
Read more
April 05, 2023 Oracle
Oracle has announced the opening of a second OCI cloud region in Singapore. Oracle stated the new area will offer more than 100 Oracle Cloud Infrastructure (OCI) services and applications, albeit neither the location nor the timetable was disclosed. In November 2021, the company launched its...
Read more
March 29, 2023 EdgeConneX
EdgeConneX has announced that it has successfully executed $3.3 billion in “innovative” sustainability-linked financing, which it said will enable the development of critical digital infrastructure to support customers' global data center requirements. For this, JGlobal awarded the company with...
Read more