Data Center News

Read Equinix and PGIM Real Estate form a $575 Million Joint Venture to Develop Hyperscale Data Centers in Australia
Equinix and PGIM Real Estate  form a $575 Million Joint Venture to Develop Hyperscale Data Centers in Australia

Equinix and PGIM Real Estate form a $575 Million Joint Venture to Develop Hyperscale Data Centers in Australia

October 19, 2021 Equinix

Equinix and PGIM Real Estate have formed a new $575 million joint venture with an aim to develop hyperscale data centers in Sydney, Australia. PGIM is the real estate investment and financing division of Prudential Financial. The facilities the companies will be developing under this JV are SY9x...

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Read Sustainable Finance: New way to address the environmental footprint of data centers
Sustainable Finance: New way to address the environmental footprint of data centers

Sustainable Finance: New way to address the environmental footprint of data centers

September 27, 2021 Equinix

Much has been said about how data centers adversely affect the environment. However, more data centers have begun to become 'Greener.' Besides, in order to leave a better environmental footprint, many data center companies are now spending more on green energy. Investors and data center financers...

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Read Princeton Digital Group to build a $150m data center in Jakarta, Indonesia
Princeton Digital Group to build a $150m data center in Jakarta, Indonesia

Princeton Digital Group to build a $150m data center in Jakarta, Indonesia

August 25, 2021 Princeton Digital Group

Princeton Digital Group (PDG) has announced that it is investing $150 million to build a data center in Indonesia. The facility (Jakarta Cibitung- JC2) will have 22MW of power, and it will be built in the same campus that hosts PDG’s JC1 data center. Upon completion, the facility can still be...

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Read Equinix files application for data centers in Clondalkin, Ireland
Equinix files application for data centers in Clondalkin, Ireland

Equinix files application for data centers in Clondalkin, Ireland

August 25, 2021 Equinix

Equinix filed for permission to build a data center in Profile Park, Clondalkin, Ireland. The Company filed for permission to build a three-story data center in July. It is going to call the facility DB8. The facility will be built within a 2.65 hectare of land. The facility will also have a...

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Read Equinix secures a cheaper, green future
Equinix secures a cheaper, green future

Equinix secures a cheaper, green future

August 18, 2021 Equinix

The Australian Competition and Consumer Commission (ACCC) recently granted a group of businesses led by Equinix the right to form a renewable energy purchasing group. This formation will allow the group, which includes Nike, H&M, HSBC Bank, and Goldman Sachs, to negotiate access to cheaper...

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Read Telstra converts two data centers into carrier-neutral colocation facilities
Telstra converts two data centers into carrier-neutral colocation facilities

Telstra converts two data centers into carrier-neutral colocation facilities

July 29, 2021 Telstra

Telstra has announced the conversion of two of its data centers into carrier-neutral colocation facilities. Based in Sydney and Melbourne, both facilities have a PUE of 1.61 and 10MW power capacity. This move, according to reports, could be the first in a series of smaller data centers opening...

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Read Largest Data Center Funding Deals In Q2 of 2021
Largest Data Center Funding Deals In Q2 of 2021

Largest Data Center Funding Deals In Q2 of 2021

July 24, 2021 Equinix

The data center industry is a multibillion-dollar industry. According to Gartner, end-user spending on data center infrastructure for 2020 was $188 billion, a 10.3% decrease from 2019’s spending. With these figures, we can reach a consensus that there’s a massive market available for data center...

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Read Equinix strives to balance expansion with its eco targets
Equinix strives to balance expansion with its eco targets

Equinix strives to balance expansion with its eco targets

July 23, 2021 Equinix

Back in June, Equinix committed to becoming climate-neutral by 2030; however, alongside this pledge, in recent years, it has undergone significant growth. Moreover, its environmental metrics reveal that between 2018-19, ​​the company’s scope 1 and 2 GHG emissions, carbon intensity, and energy...

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Read Princeton Digital Group considers $400m fundraising ahead of potential IPO
Princeton Digital Group considers $400m fundraising ahead of potential IPO

Princeton Digital Group considers $400m fundraising ahead of potential IPO

June 28, 2021 Princeton Digital Group

According to reports from Bloomberg, Princeton Digital Group wants to raise funds from investors to the tune of $400 million. Princeton Digital Group invests, develops, and operates data centers across Asia in countries like Singapore, China, Indonesia, and India. It also has 18 data centers in...

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Read Equinix promises to cut emissions by 50 percent before 2030
Equinix promises to cut emissions by 50 percent before 2030

Equinix promises to cut emissions by 50 percent before 2030

June 17, 2021 Equinix

Equinix has promised that it would reduce its emissions by 50% before 2030. It would also be reducing emissions created by its electricity supply by 50% before 2030. This promise comes few days after Greenpeace criticized the Company for not having trustworthy timelines on the use of renewable...

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Read Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program
Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program

Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program

June 15, 2021 Equinix

Equinix has announced that it has signed agreements for additional joint ventures with GIC, Singapore's sovereign wealth fund, which will add $3.9 billion to expand its data center program. The agreements come in the form of limited liability partnerships with GIC. The close, which is expected...

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Read Tencent Launches Four New Data Centers in Asia and Europe
Tencent Launches Four New Data Centers in Asia and Europe

Tencent Launches Four New Data Centers in Asia and Europe

June 04, 2021 Tencent Cloud

Tencent Cloud has announced its expansion with the launch of four new data centers in Bangkok, Frankfurt, Hong Kong and Tokyo, with a view to launch an additional facility in Bahrain by the end of 2021. This follows the opening of new facilities in South Korea, Indonesia, Singapore. This...

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Read GDS Holding continues expansion in China
GDS Holding continues expansion in China

GDS Holding continues expansion in China

May 20, 2021 GDS Services Ltd

GDS Holding has significantly expanded its footprint in China after commencing construction on five different facilities in its first quarter, with a view for further expansion. The company has closed two data center acquisitions in Beijing 15 and Tianjin 1. BJ15 brings over 19,000 sq m (204,000...

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Read Equinix is Exiting Eight Leased Data Centers In The US
Equinix is Exiting Eight Leased Data Centers In The US

Equinix is Exiting Eight Leased Data Centers In The US

May 10, 2021 Equinix

Equinix has announced that it would not be renewing the leases for eight of its data centers in the US. The data centers are situated in New York, Georgia, and some in California and Atlanta. Equinix commented that the reason for the development is that some of the facilities don’t meet the...

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Read Equinix prices $2.6 billion "Green" Bond Sale
Equinix prices $2.6 billion "Green" Bond Sale

Equinix prices $2.6 billion "Green" Bond Sale

May 04, 2021 Equinix

Equinix has announced that it priced $2.6 billion principal amount of notes, including $1.0 billion of green bonds in its third green bond offering. The green bonds will be used to help advance the company's longstanding commitment to sustainability leadership and reducing its environmental...

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Read PRINCETON DIGITAL GROUP Secures $230 Million Financing, Charts Out $1 Billion Expansion in China (PR)
PRINCETON DIGITAL GROUP Secures $230 Million Financing, Charts Out $1 Billion Expansion in China (PR)

PRINCETON DIGITAL GROUP Secures $230 Million Financing, Charts Out $1 Billion Expansion in China (PR)

April 13, 2021 Princeton Digital Group

Continued progress against an aggressive 300MW expansion plan Confirms completion of fully contracted 42MW Shanghai data center campus Largest international partner to domestic and international hyperscaler customers in China SINGAPORE & SHANGHAI--(BUSINESS WIRE)--Singapore-based Princeton...

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Read Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada
Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada

Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada

October 01, 2020 Equinix

Equinix has completed it's acquisition of 13 Bell Canada's data centers. The acquisition was first announced in June 2020. Bell had operated the facilities under the Q9 brand. It partially acquired Q9 in 2012 for $1.1 billion and in 2016 it acquired the remainder for $675 million. This deal...

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Read Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)
Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

June 08, 2020 Equinix

REDWOOD CITY, Calif /PRNewswire/ -- Equinix, Inc. ("Equinix") (Nasdaq: EQIX), the global interconnection and data center company, announced the pricing of its underwritten public offering of $2.6 billion aggregate principal amount of senior notes, consisting of $500,000,000 of 1.250% Senior Notes...

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Read Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico
Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

January 09, 2020 Equinix

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of three data centers from Axtel S.A.B. de C.V. (BMV: AXTELCPO) that serve the Mexico City and Monterrey metro areas of Mexico....

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Read Equinix to Expand into Mexico With US$175 Million Acquisition of Three Axtel Data Centers (PR)
Equinix to Expand into Mexico With US$175 Million Acquisition of Three Axtel Data Centers (PR)

Equinix to Expand into Mexico With US$175 Million Acquisition of Three Axtel Data Centers (PR)

October 04, 2019 Equinix

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced it has entered into an agreement with Axtel S.A.B. de C.V. (BMV: AXTELCPO) to acquire three data centers that serve the Mexico City and Monterrey metro areas of...

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